Home/Thailand/Krungthai-AXA Life Insurance

privateFinancial Strength: S&P AA- / AM Best A+ (AXA Group)Online Signup

Krungthai-AXA Life Insurance

กรุงไทย-แอกซ่า ประกันชีวิต

87.5Score

★★★☆☆3.9

Customer satisfaction · 3.0M members

S&P: AA- (AXA Group)(2025)AM Best: A+ (AXA Group)(2025)

Krungthai-AXA is a joint venture between state-owned Krungthai Bank and AXA Group, holding approximately 12% of Thailand's life insurance market (4th largest). It combines AXA's global insurance expertise with strong bancassurance distribution through Krungthai Bank's nationwide network.

Overall Score

87.5/100

Founded

2007

Headquarters

Bangkok

Type

private

Get a Free Quote→

No obligation. Compare personalized rates.

Key Metrics

Market Share

~12%

Ranking

4th largest life insurer

Partner

Krungthai Bank (state-owned)

Parent Group

AXA Group (France)

Editorial Ratings

S&P: AA- (AXA Group)(2025)

Rating: AA- (AXA Group parent) (max: AAA)

85S&P

AM Best: A+ (AXA Group)(2025)

Rating: A+ (AXA Group parent) (max: A++ (Superior))

90AM

Coverage Highlights

✓Approximately 12% life insurance market share (4th largest)
✓Strong bancassurance through state-owned Krungthai Bank
✓AXA global expertise combined with local distribution
✓Comprehensive health and protection products
✓Growing digital platform

Pros

✓Strong bancassurance through state-owned bank
✓AXA global financial backing
✓Large market share
✓Competitive pricing through bank channel

Cons

✗Joint venture structure can create complexity
✗English services limited
✗Brand recognition lower than AIA

Frequently Asked Questions

What is Krungthai-AXA's ownership structure?

Krungthai-AXA is a joint venture between Krungthai Bank (a Thai state-owned bank) and AXA Group (a French global insurance company), combining local distribution with international expertise.

How large is Krungthai-AXA in Thailand?

Krungthai-AXA holds approximately 12% of Thailand's life insurance market, making it the 4th largest life insurer with around 3 million policyholders.

What is Krungthai-AXA's financial backing?

Krungthai-AXA benefits from AXA Group's S&P AA- and AM Best A+ financial strength ratings, among the strongest in the global insurance industry.

Quick Summary

InsurerKrungthai-AXA Life Insurance

Country🇹🇭 Thailand

Overall Score87.5/100

Satisfaction3.9/5

Members3.0M

Typeprivate

Founded2007

Other Insurers in Thailand

Pacific Cross Thailand

private

100

/ 100

AIA Thailand

private

92.5

/ 100

Allianz Ayudhya

private

/ 100

Thai Life Insurance

private

82.5

/ 100

Muang Thai Life Assurance

private

/ 100

Ready to get covered?

Get a personalized quote from Krungthai-AXA Life Insurance today.

Get Free Quote→