Allianz Ayudhya Reports Robust Q1 2025 Results, Outperforms Market with Growth Across All Channels

Mr. Thomas Wilson, President and CEO of Allianz Ayudhya Assurance PCL, stated, "Allianz Ayudhya has delivered a strong start to 2025 with exceptional performance in the first quarter, achieving outstanding growth across all distribution channels. While the overall market's gross written premiums (GWP) grew by 5.8%, Allianz Ayudhya outperformed with an impressive 18.9% growth compared to the same period last year. Total premiums reached THB 10.97 billion, while new business premiums surged by 52% to THB 2.75 billion, driven by contributions from the agency channel (THB 1.26 billion), bancassurance (THB 1.04 billion), direct sales (THB 333 million), and other channels (THB 121 million)."

This exceptional performance is attributed to the successful execution of multi-faceted strategies, most notably, enhancing agency capabilities through immersive training programs such as "The Heroes Franchise Builder", which emphasize experiential learning, accountability, and professional team leadership. Additionally, product offerings were closely aligned with customer needs, with an exceptionally strong quarter for health insurance and Unit-Linked (UL) products, which saw over 30% and 20% year-on-year growth, respectively These results reflect the effectiveness of Allianz Ayudhya's approach in integrating protection with long-term financial planning. Short-term endowment products also performed well, particularly via the bancassurance channel, significantly contributing to the company's overall growth.

At the group level, Allianz SE—the majority shareholder of Allianz Ayudhya—also posted a record-breaking operating profit of EUR 4.2 billion for Q1 2025, up 6.3% from the same period last year. This was driven by strong growth across all product lines, with total business volume rising 11.7% to EUR 54.0 billion. Life and health insurance emerged as key growth engines, while the Solvency II capitalization ratio remained strong at 203% as of the end of Q1 2025, reflecting the group's solid financial footing and resilience amid global market volatility.

• ข่าวo:member
• ข่าวo:fin
• ข่าวo:loc
• ข่าวen