For a life insurance business, climate change is a medium-to-long-term risk with a complex quantification of impacts on various human activities. A strategy adopted by Krungthai-AXA Life Insurance (KTAXA), under the multinational insurance group AXA, is not only to adapt, but also to take advantage of its resource and expertise through extensive risk management to provide solutions to customers, whom they view as “partners at every stage of life.”
“We are well-equipped with the vast amount of data we collect, the research we conduct, and the funds to address climate-related risks,” said Bubphawadee Owararinth, Chief People and Brand & Communications Officer, Krungthai-AXA Life Insurance.
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