Thailand

How Thai insurers can battle through a high-risk environment

 Low cybersecurity lands Thailand at the 64th spot in overall resiliency rankings. 

How Thai insurers can battle through a high-risk environment

 Low cybersecurity lands Thailand at the 64th spot in overall resiliency rankings. 

Insurers must offer privacy on the back of personalisation

Industry experts at Insurance Asia Forum believe Thailand is bound for growth, but warn against data and health risks.

Thailand could see $27b in total premiums this year – Baker McKenzie

The Land of Smiles braces for high electric vehicle adoption.

Thailand focuses on industry transparency standards

In the past year, the association was able to achieve four missions.

Roojai plans to become full-stack digital insurer with acquisition

In July 2023, Roojai acquired FWD General Insurance.

Thai-based Sunday acquires Indonesian insurer 

Sunday now holds a 99% stake in PT KSK Insurance.

6 of 10 Thais are confident in sharing data for personalised coverage

Key factors like value for money, affordable premiums, and brand trust remain significant influences on insurance purchasing decisions.

Muang Thai Life to see improved new business value growth: Fitch Ratings

MTL has witnessed a modest earnings recovery during the third quarter of 2023.

Association predicts 2.0%-4.0% growth for Thai life insurance

The industry forecast is within the government’s target of 2.2% to 3.2% for 2024.

Steady outlook seen for Thai Reinsurance Public: Fitch Ratings

Growth is expected in the accident and health sectors.

Roojai acquires Indonesian insurer, Lifepal

The collaboration aims to enhance product offerings and both online and offline distribution channels.

Prudential partners with CIMB Thai for bancassurance venture

The partnership grants Prudential access to CIMB Thai’s customer base and branch network in Thailand.

Thailand to offer health insurance for non-locals: Report

It aims to expand healthcare for stateless and non-Thai individuals.

Thailand’s general insurance market to generate $11b by 2027 – GlobalData

Motor insurance accounts for 54.8% of the GWP in 2022, and is expected to grow by 5.6% in 2023.

Miller makes a mark in Thailand’s energy sector

Miller will collaborate with CIS to serve energy clients in Thailand.

Thai insurtech acquires DirectAsia

DirectAsia will rebrand to Roojai Thailand.