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December 22, 2014updated 13 Apr 2017 8:32am

Generali signs 15-year partnership deal with Kiatnakin Bank in Thailand

Generali has signed a 15-year exclusive partnership agreement with Thailand’s Kiatnakin Bank.

By Ronan Mccaughey

Generali has signed a 15-year exclusive partnership agreement with Thailand’s Kiatnakin Bank.

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Generali’s portfolio of life insurance products and services will be made available to Kiatnakin’s clients from January 2015 onwards, ranging from credit life policies to ordinary life offerings and future high net worth propositions.

With a presence in nine markets across Asia, and with Thailand identified as one of the top priority growth operations worldwide, Generali said it will leverage its global expertise in products, distribution, services and technology to further enhance the bank’s life insurance offerings and expand the reach of bancassurance distribution capabilities in Thailand.

Sergio di Caro, Asia regional officer for the Generali Group, said Generali is highly committed to growing its business in Southeast Asia, with Thailand being "an extremely important market", and a cornerstone of the Generali Group’s expansion strategy.

Terence Wong, head of Southeast Asia and Hong Kong for Generali, said expanding the insurer’s presence in Southeast Asia is a top priority, and as the second largest economy in the region, Thailand is a most important and attractive market to Generali where it will continue to invest in.

 

 

 

 

 

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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