Allianz Ayudhya Assurance recorded strong business growth in the first quarter this year, with annualised new premiums (ANP) surging 21% year-on-year, putting the life insurance firm on track to achieve its gross written premiums (GWP) target of 37.7 billion baht this year.
The highest quarterly increase of ANP in several years demonstrated the strength of all distribution channels, as well as the company's professionalism and effective business strategies, said chief executive Thomas Wilson.
