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Thailand Insurance Q4 2019

Thailand Insurance Q4 2019

Key View:

We remain upbeat about the prospects for Thailand’s insurance sector, both in relation to 2020 and for the forecastperiod as a whole. As is the case in other South East Asia countries, life insurance is becoming more popular as it is betterunderstood by households who can afford it. Innovation in terms of product development and distribution by the life insurancecompanies themselves is also helping. Accordingly, we see the softness of life premiums that has been reported for H119 as beingtemporary. Product and distribution innovation is also boosting the growth of premiums in the non-life segment. Recent reportssupport our view that health insurance is a major driver of growth for the segment as a whole. New users are boosting demand forpersonal accident insurance.

Key View
Insurance SWOT
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Asia Pacific Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
AIA Group
Muang Thai Life Assurance/Muang Thai Insurance
Prudential Corporation Asia
Insurance Methodology

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