Thailand
Mitsui Sumitomo Insurance targets Chinese nationals in Thailand
Mitsui Sumitomo Insurance targets Chinese nationals in Thailand
The Chinese accounted for 53% of foreign students in Thai universities last year.
Bangkok Bank, Bangkok Life Assurance offer special deposit rate for life insurance customers
Its 2.5% per annum on top of the normal fixed deposit rates.
MSIG, Bank of China and China Pacific ink bancassurance deal in Thailand
It aims to leverage the $5.2b in new Chinese investments entering Thailand in 2024.
Howden selects industry veteran Pommalee for Thailand client role
His focus will include delivering insurance and risk solutions.
Thai Life Insurance may benefit from new reporting standard
Thai Life Insurance may see its earnings rise by up to 9% between FY2025 to FY2027.
S&P says quake losses in Thailand capped by reinsurers
Thai insurers have strengthened their reinsurance coverage over the years.
Thai council urges OIC to review new co-payment health insurance rule
The rule requires policyholders to pay up to 50% of medical expenses.
JMT, Igloo form joint venture for digital insurance
This marks Thailand’s first fully digital insurer.
Thailand’s finance sector to see cybersecurity market hit $87m by 2026
This is driven by cyber threats, regulatory pressures, and the rapid adoption.
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.
Sompo Thailand policyholders benefit from lounge access for delayed flights
Thanks to its partnership with Collinson International.
Commentary
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