Siam Commercial New York Life Insurance Public Company Limited operates in the Life insurance sector. SCB Life Assurance Public Company Limited, formerly Siam Commercial New York Life Insurance Public Company Limited is a Thailand-based company engaged in the provision of life insurance business. The Company provides services throughout the country. It offers four types of insurance: ordinary life insurance, including whole life insurance, term insurance and endowment insurance; industrial life insurance, such as government officer life insurance; group life insurance, which is primarily provided for both public and private companies as employee benefit plans, and corporate business insurance, which is specifically developed for financial institutions, covering the risk of loss of loan arising from death and disability of borrowers, such as mortgage insurance. The Company also operates in the investment business to generate additional income by using insurance premiums to invest in equity, debt, derivative and mutual fund markets, as well as deposits and loan granting. In
our complete report available for purchase the company is compared to: Allianz Malaysia Berhad, Taiwan Life Insurance Company Limited and Central Reinsurance Corporation.