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SPECIAL REPORT
Special Report: Thai Insurers Focusing on Cost Efficiencies in Low-Growth Environment To Capitalize on the ASEAN Open Market

Thailand’s insurance industry has successfully weathered the flooding that occurred in 2011, along with a transition to regulatory change on risk-based capital. The flooding severely hit the non-life re/insurance (reinsurance & insurance) industry with a significant underwriting loss and sharp drop in capital funds. Five years later, the industry and market conditions have been restored to the level prior to the flooding. Regulatory reform has not brought substantial change to the insurance landscape as a majority of companies had already complied with the new standards.

   

Date Posted: April 19, 2016
Number of Pages: 10
Report: English
Data: Excel


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