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%.
The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 182 bps as of the end of April 2021, up 6 basis points from the previous month, driven by a decrease in long-term interest rates. The Index Methodology provides additional details about the assumptions and methodologies underlying the Milliman Hedge Cost Index.
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Hedge Cost Index April 2021
The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 182 bps as of the end of April 2021, up 6 basis points from the previous month, driven by a decrease in long-term interest rates.
Daren Lockwood, Xiaohong Mo, Adam Schenck