Thailand in focus: What’s new in Non-Life, February 2022
08 February 2022
For this issue of the Thailand non-life insurance market newsletter, we cover developments for the second half of 2021. Overall, direct premiums rose 5% compared with 2020, and all lines had strong growth, with health and marine experiencing double-digit increases. This review details:
- Market performance
- New products
- COVID-19 insurance
- Distribution channel
- Other insurers’ initiatives
- Key appointments
- Regulatory updates
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About the Author(s)
Tarinee Sriboonchaichusakul
Thailand in focus: What’s new in Non-Life, February 2022
Overall premiums for non-life insurance rise 5.2% year over year, while net loss ratio increases in the third quarter to 69.65%, up from 54.28% third quarter 2020.
Pang-Hsiang Chye, Ken Lim , Tananya Santipinyolert, Tarinee Sriboonchaichusakul