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Friday, May 3, 2024

BKI aims to grow premiums by 8-10%

Insurer still sifting through Covid losses

Mr Apisit says the company’s net profit for 2023 is projected at 3 billion baht, with total premiums of roughly 30 billion baht.

Bangkok Insurance (BKI) targets growing its premiums by 8-10% to 32.5 billion baht in 2024 with a net profit of more than 3 billion based on the improving economy, although domestic and global challenges remain.

The SET-listed non-life insurer posted a record net profit of 2.55 billion baht for the first nine months this year, up 12.5% year-on-year, with total premiums of 22 billion baht, said chief…

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