THREL 9-Month Profits Return to Positive

MGR Online•Economy•44m ago

Reader Briefing

Thai Reinsurance Life Public Company Limited reported a net profit of 72 million baht in Q3 2026 and a cumulative 9-month profit of 15 million baht.

•Thai Reinsurance Life (THREL) recorded a 947% increase in Q3 2026 net profit to 72 million baht.
•The company returned to a cumulative 9-month profit of 15 million baht, the first time in over 2 years.
•The company implemented a "Repair-Build" strategy to restructure underwriting and remove low-quality portfolios.
•The Net Combined Ratio for Q3 2026 improved to 80.7% from 95.6% in the previous year.

Overview

•Thai Reinsurance Life reported Q3 2026 net profit of 72 million baht, a 947% increase compared to the same period last year.
•Thai Reinsurance Life earned 895 million baht in reinsurance premiums in Q3 2026, a decrease of approximately 21% from the previous year.
•The decrease in reinsurance premiums resulted from Thai Reinsurance Life reducing the proportion of non-profitable group business.
•Thai Reinsurance Life utilized a "Repair-Build" strategy to clear low-quality portfolios and adjust underwriting conditions to current risk trends.
•Thai Reinsurance Life recorded a cumulative 9-month profit of 15 million baht in 2026, marking a return to profit after more than 2 years.
•Thai Reinsurance Life's cumulative 9-month reinsurance premiums reached 2,882 million baht.
•Wipol Worasaoharit expressed confidence that Thai Reinsurance Life's overall performance for the full year 2026 will return to profit as targeted.
•Thai Reinsurance Life expects growth to continue expanding in the final quarter of 2026.

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Key Quotes

Wipol Worasaoharit

"A stronger profit base, combined with disciplined portfolio management and health insurance underwriting considerations, will support quality growth and create long-term value for shareholders."

ฐานกำไรที่แข็งแกร่งขึ้น ประกอบกับการบริหารพอร์ตอย่างมีวินัย และการพิจารณารับประกันสุขภาพ จะช่วยสนับสนุนการเติบโตที่มีคุณภาพและการสร้างมูลค่าให้แก่ผู้ถือหุ้นในระยะยาว

Key Entities

Organization

Thai Reinsurance Life Public Company Limited(บริษัท ไทยรีประกันชีวิต จำกัด (มหาชน))

A reinsurance company referred to as THREL that returned to profit in the first 9 months of 2026.

Person

Wipol Worasaoharit(วิพล วรเสาหฤท)

The Managing Director of Thai Reinsurance Life Public Company Limited.