MTL keeps CLMV push up as Thais age published : 10 Dec 2020 at 04:00 Muang Thai Life Assurance (MTL) is continuing its aggressive move into the Cambodia, Laos, Myanmar, Vietnam and Thailand (CLMVT) region to acquire a larger market with a more balanced demographic profile, as Thailand becomes a full-fledged ageing society in 2021, said Sara Lamsam, MTL's president. MTL has operations in four countries through four joint venture companies, namely ST-Muang Thai Insurance in Laos, MB Ageas Life in Vietnam, Sovannaphum Life Assurance and Dara Insurance in Cambodia and one representative office in Myanmar. Dara Insurance, a non-life joint venture company with Sovannaphum Life Assurance, is the latest move after MTL entered Cambodia four years ago through a joint-venture with Canadia Bank, the local second largest life insurance company, to set up Sovannaphum Life Assurance.