Thailand

Thailand’s non-life insurance rebound in 2023 driven by higher premiums

The market recorded an underwriting gain of THB13.0b in 2023

Thai Life Insurance maintains solid capitalisation, says Fitch

Its new business value (NBV) margin remained stable at 62%.

Muang Thai Life’s profitability set for medium-term recovery

Fitch also projects capitalisation to stay stable in 2025.

Thai insurers tighten underwriting for flood-prone areas

Political uncertainty is also limiting near-term growth.

Rising medical costs put pressure on Thai health insurers: Allianz CEO

Public spending on health may be unsustainable in the long run.

Experts examine AI's impact on Thailand’s financial services sector

Embrace AI or be left behind, an expert said at the Asian Banking & Finance and Insurance Asia Summit today.

Japanese trading house acquires 20% of Thaivivat Insurance

The transaction is expected to finish by February.

Thai Reinsurance to ride A&H losses with property, motor growth

Underwriting performance in 2025 should be stable.

AM Best forecasts steady earnings for Starr International Insurance

Whilst investment returns remain modest, they contribute stable income. 

Muang Thai Life bags $4b in total new business premiums for 9M 2024

Despite increased acquisition spending, MTL’s topline declined year-on-year during.

Generali, UNDP boost Thai MSME resilience with risk assessment tool

Key goals include raising entrepreneurs’ awareness of resilience strategies.

bolttech partners with Thai postal service giant for motor insurance coverage

Customers can access the policies by scanning a QR code on receipts from post office transactions.

Thailand's insurance policies grow 6.13% in Q2

Number of policies increased 6.13% YoY.

Flood impact on Thai insurers ‘manageable’— S&P

The floods have caused Thai banks $13m in losses, the ratings agency said.