Bangkok Life Assurance Public Company Limited

Twenty life insurance companies in Thailand reported total premiums of 341.5228 billion baht in the first six months of 2026, up 5% from the same period last year. AIA Thailand led the market with total premiums of 92.646 billion baht, up 11%, followed by FWD Life Insurance with 47.167 billion baht, down 3%, and Muang Thai Life Assurance with 36.922 billion baht, up 9%. Thai Life Insurance posted total premiums of 34.438 billion baht, down 18%, while Krungthai-AXA Life Insurance recorded total premiums of 25.109 billion baht, up 6%. Muang Thai Life Assurance said first-year premiums grew 7% and total premiums grew 9%, with unit-linked products surging as much as 500%. Bangkok Life Assurance reported total premiums of 18.064 billion baht, up 10%, and net profit of 3.603 billion baht, up 6%. Thai Life Insurance posted net profit of 6.575 billion baht, up 3.9%, and announced its first interim dividend of 0.25 baht per share.

Bangkok Life Assurance Public Company Limited, or BLA, reported first-half 2026 results with net profit of 3.603 billion baht, up 6% from the same period last year. Total premiums received were 18.064 billion baht, up 10%, comprising first-year premiums of 3.869 billion baht, up 6%, and renewal premiums of 14.195 billion baht, up 11%. The board approved an interim cash dividend of 0.41 baht per share from retained earnings, with the ex-dividend date, or XD, set for 24 August 2026. For the second quarter of 2026, the company posted net profit of 1.997 billion baht, down 7% from the second quarter of 2025, mainly due to investment performance falling by 92 million baht. Investment income for the first six months was 6.439 billion baht, up 4% from the same period last year, with return on investment, or ROI, at 4.47%, up from 4.28% a year earlier.

Bangkok Life Assurance reported results for the first six months of 2026 with net profit of 3.603 billion baht, up 6% from the same period last year. Total premiums received were 18.064 billion baht, up 10%, comprising first-year premiums of 3.869 billion baht, up 6%, and renewal premiums of 14.195 billion baht, up 11%. Chone Sophonpanich, Managing Director and Chief Executive Officer, said growth in first-year premiums came from the bancassurance channel, which rose 26%, while the agency channel fell 9% and other channels fell 52%. Investment income was 6.439 billion baht, up 4%, with an investment yield of 4.47%, up from 4.28% in the same period last year. The capital adequacy ratio at the end of the second quarter was 391%, well above the regulatory requirement of 140%.

The yield on the 30-year US government bond has surged above 5.2%, marking a new high for the year and the highest level in nearly 20 years. The 10-year bond yield has also climbed to a range of 4.60% to 4.80%, up from around 3.80% to 3.90% at the start of the year. This rise directly benefits leading insurance companies on the Stock Exchange of Thailand, namely Bangkok Life Assurance and Thai Life Insurance, as both firms can invest new premiums and maturing funds into higher-yielding bonds. Moreover, under the TFRS 17 standard, a higher discount rate reduces the present value of policy liabilities, easing insurance reserve burdens and supporting net profits.

Bangkok Life Assurance advises Thai people to adjust their retirement planning mindset by setting a target lifespan of 100 years to cope with an aging society, inflation, and rising medical expenses. Ms. Sakao Samrankong, Training Division Manager, stated that if you want to have 20,000 baht per month after retirement, you should have savings of about 10 million baht, assuming 4% inflation and a 25-year period. Meanwhile, those who want to spend 50,000 baht per month should have accumulated savings of around 25 million baht, not including income from social security or pensions. She emphasized starting to save and invest today, while transferring risk through life and health insurance to prevent savings from being depleted by medical costs that could reach as high as 50,000 baht per month in cases of serious illness.

Asia Plus Securities says the stock market is facing pressure from three major wars: the Middle East conflict, the trade war, and the technology war. Its research team scored 20 industry groups on which would survive or benefit. The winning groups, with scores between 0 and +2, are energy, insurance, healthcare, petrochemicals, and retail. Recommended stocks in these groups include TOP, BCP, BLA, TLI, BDMS, BH, PTTGC, IVL, CPALL, and COM7. The standout stocks of the day, chosen from groups with non-negative scores, are DELTA, BDMS, and CPALL.

Bangkok Life Assurance has delivered 1,100 hand rehabilitation devices, known as Elephant Hand-Grip Dolls, under the BLA Caring for Silver Age project to six stroke care centers and hospitals nationwide. Ms. Oranat Nachapong, Assistant General Manager of Marketing Strategy and Customer Management, handed over the dolls to the Medical Social Work Center at Rajavithi Hospital, with Ms. Chanantita Yaparohit, a professional social worker, receiving them on behalf of the hospital. The six recipient hospitals are the Medical Social Work Center at Rajavithi Hospital, the Bang Khun Thian Geriatric Hospital Foundation, the Stroke Center at Sappasitthiprasong Hospital, the Stroke and Neurocritical Care Unit at Maharaj Nakorn Chiang Mai Hospital, the Stroke Center at Hat Yai Hospital, and the Stroke Care Unit at Chonburi Hospital. The Elephant Hand-Grip Dolls are designed to promote hand grip and stimulate hand muscle function for the elderly and stroke patients. They were crafted by volunteer employees of Bangkok Life Assurance to support comprehensive physical rehabilitation.

Bangkok Life Assurance, or BLA, has launched a new add-on service called Mind Wellness Care to provide preventive mental health care through the BeDee platform under BDMS Hospital Network. Ms. Ornanat Nachaphong, Assistant Managing Director of Marketing Strategy and Customer Management, said the service offers online mental health consultations by expert psychologists, helping to reduce stress, anxiety, and depression without the need to travel to a hospital. The service is part of BLA EveryCare, which aims to build a comprehensive health ecosystem covering preventive care, online doctor consultations, and physical and mental rehabilitation. BLA customers with Blue Premier status receive one entitlement per year, Indigo customers at all levels receive two entitlements per year, and ordinary policyholders with a health insurance rider receive one entitlement per year. Entitlements can be claimed via the BLA Happy Life Club application and bookings made through the Bedee By BDMS application from today until 31 May 2027.