Insight
Thailand in focus: What's new in Non-Life, August 2022
The latest on Thailand non-life insurance: Premiums rise 2.3% 1H versus the same period in 2021, while net loss ratio increases to 156.4%, up from 57.3%.
Even before the coronavirus, obstacles existed that slowed the uptake of insurtech solutions that targeted the reduction of customers’ losses. This problem can be addressed with traditional industry solutions—captive insurance companies—which can act as insurtech accelerators.
This article was originally published by the Insurance Journal.
Insight
The latest on Thailand non-life insurance: Premiums rise 2.3% 1H versus the same period in 2021, while net loss ratio increases to 156.4%, up from 57.3%.