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THREL Q3 Profit Surges 947% to 72 Million Baht

THREL Q3 Profit Surges 947% to 72 Million Baht

Prachachat•Economy•9m ago

Reader Briefing

Thai Reinsurance Life Public Company Limited reported a net profit of 72 million baht in Q3/2026, marking a 947% increase compared to the previous year.

  • •Thai Reinsurance Life Public Company Limited (THREL) achieved a net profit of 72 million baht in Q3/2026.
  • •THREL returned to a net profit of 15 million baht for the first 9 months of 2026, the first profit in over 2 years.
  • •The recovery is attributed to the "Repair-Build" strategy aimed at reducing non-profitable group business portfolios.

Overview

  • •Thai Reinsurance Life Public Company Limited reported a Q3/2026 net profit of 72 million baht, an increase of 947% year-on-year.
  • •Thai Reinsurance Life Public Company Limited implemented a "Repair-Build" strategy to reduce the proportion of non-profitable group business.
  • •Thai Reinsurance Life Public Company Limited saw its Net Combined Ratio decrease to 80.7% in Q3/2026 from 95.6% in the same period last year.
  • •Thai Reinsurance Life Public Company Limited recorded reinsurance premiums received of 895 million baht in Q3/2026, a decrease of approximately 21% year-on-year.
  • •For the first 9 months of 2026, Thai Reinsurance Life Public Company Limited returned to a net profit of 15 million baht with total reinsurance premiums received of 2,882 million baht.
  • •The Net Combined Ratio for the first 9 months of 2026 was reduced to 95% from 101.5% in the same period last year.
  • •Wipol Worasaoharit expressed confidence that the performance for the full year 2026 will return to a positive result according to the target.
  • •Thai Reinsurance Life Public Company Limited expects the performance trend in Q4/2026 to continue growing as anticipated.

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Key Entities

Organization

Thai Reinsurance Life Public Company Limited(บริษัท ไทยรีประกันชีวิต จำกัด (มหาชน))
A reinsurance company referred to as THREL that implemented a "Repair-Build" strategy to restore profitability.

Person

Wipol Worasaoharit(วิพล วรเสาหฤท)
The Managing Director of Thai Reinsurance Life Public Company Limited.