Prudential Life Assurance (Thailand) posted record-high financial results in the first quarter of 2023, with the highest weighted first-year premiums in its history as the firm joined the country’s top six insurance providers.
The company’s weighted first-year premiums grew by 36% year-on-year in the first three months, outpacing market growth of 17%, and increasing the company’s market share to 6.7% from 5.7% in the same period of 2022.
Gains happened across various distribution channels, with Prudential Thailand ranking top in digital, third in bancassurance, and fourth in telemarketing as of March…