Fitch Ratings has maintained Thai Life Insurance Public Company Limited’s (TLI) Insurer Financial Strength (IFS) Rating at ‘A-‘ (Strong) and National IFS Rating at ‘AAA(tha)’, with stable outlooks. TLI was praised for its favourable company profile, strong financial performance, and solid capital. However, the rating strength was offset by moderate asset and investment risk. TLI is the second-largest life insurer in Thailand, holding about a 14% share of total premium income in 2022. The company has comprehensive products for protection, savings, healthcare, and investment-linked. TLI’s capital requirements were 420% at end-2022, well above the regulatory requirement of 140%. TLI is rated A- by Fitch.
