Axa targets B6bn revenue in 2024

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The Thai unit of a French multinational insurance firm is on track for revenue to exceed 6 billion baht this year, supporting its goal of becoming a top 10 player in the local market by 2026, says new chief executive Guillaume Mirabaud.

"My wish is to continue growing, and by 2026 we want to be around tenth in the Thai market," said Mr Mirabaud.

For 2025, the insurer wants to boost its revenue by 5-10%, which Mr Mirabaud said is healthy when compared with projected Thai GDP growth of around 3%.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Motor Year Thai Baht Industry Revenue Market Growth Insurance Billion Mirabaud

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 04:00:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23933917

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Official Website: bangkokpost.com

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Year Established: 1946

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