Insight
Thailand in focus - What's new in Non-Life August 2022
The latest on Thailand non-life insurance: Premiums rise 2.3% 1Q versus the same period in 2021, while net loss ratio increases to 156.4%, up from 57.3%.
Gross written premiums showed an overall increase, showing market resilience despite the COVID-19 pandemic. However, profitability decreased due to lower investment returns. These results are based on 29 unaudited reports of the UAE insurance companies listed on the Abu Dhabi Securities Exchange and Dubai Financial Market.
Insight
The latest on Thailand non-life insurance: Premiums rise 2.3% 1Q versus the same period in 2021, while net loss ratio increases to 156.4%, up from 57.3%.