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Life Insurance & Pension in Thailand

Publisher MarketLine
Published Dec 31, 2025
Length 39 Pages
SKU # MTLN21020432

Description

Life>Insurance>&>Pension>in>Thailand

Summary

>Life>Insurance>&>Pension>in>Thailand>industry>profile>provides>top-line>qualitative>and>quantitative>summary>information>including:>market>size>(value>2019-24,>and>forecast>to>2029).>The>profile>also>contains>descriptions>of>the>leading>players>including>key>financial>metrics>and>analysis>of>competitive>pressures>within>the>market.

Key>Highlights
  • Life>insurance>is>the>financial>cover>for>a>contingency>linked>with>human>life,>like>death,>disability,>accident,>retirement,>etc.>Human>life>is>subject>to>risks>of>death>and>disability>due>to>natural>and>accidental>causes.>When>human>life>is>lost>or>a>person>is>disabled>permanently>or>temporarily,>there>is>a>loss>of>income>to>the>household.
  • The>Thai>life>insurance>&>pension>market>recorded>gross>written>premiums>of>$15.3>billion>in>2024,>representing>a>negative>compound>annual>growth>rate>(CAGR)>of>1.4%>between>2019>and>2024.
  • The>life>insurance>segment>accounted>for>the>market's>largest>proportion>in>2024,>with>total>gross>written>premiums>of>$14.8>billion,>equivalent>to>96.4%>of>the>market's>overall>value.
  • In>2024,>Thailand>accounted>for>1.3%>share>of>the>Asia-Pacific>life>insurance>&>pension>market.
Scope
  • Save>time>carrying>out>entry-level>research>by>identifying>the>size,>growth,>major>segments,>and>leading>players>in>the>life>insurance>&>pension>market>in>Thailand
  • Use>the>Five>Forces>analysis>to>determine>the>competitive>intensity>and>therefore>attractiveness>of>the>life>insurance>&>pension>market>in>Thailand
  • Leading>company>profiles>reveal>details>of>key>life>insurance>&>pension>market>players’>global>operations>and>financial>performance
  • Add>weight>to>presentations>and>pitches>by>understanding>the>future>growth>prospects>of>the>Thailand>life>insurance>&>pension>market>with>five>year>forecasts
Reasons>to>Buy
  • What>was>the>size>of>the>Thailand>life>insurance>&>pension>market>by>value>in>2024?
  • What>will>be>the>size>of>the>Thailand>life>insurance>&>pension>market>in>2029?
  • What>factors>are>affecting>the>strength>of>competition>in>the>Thailand>life>insurance>&>pension>market?
  • How>has>the>market>performed>over>the>last>five>years?
  • What>are>the>main>segments>that>make>up>Thailand's>life>insurance>&>pension>market?

Table of Contents

39 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths and strategies of the leading players?
7.3. What are the challenges in the market?
7.4. What are the recent developments in the market?
8 Company Profiles
8.1. Bangkok Life Assurance Public Co Ltd
8.2. Krungthai-AXA Life Insurance PCL
8.3. Thai Life Insurance Public Company Ltd
8.4. Muang Thai Life Assurance Public Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Thailand life insurance & pension market value: $ billion, 2019-24
Table 2: Thailand life insurance & pension market category segmentation: % share, by value, 2019-24
Table 3: Thailand life insurance & pension market category segmentation: $ billion, 2019-24
Table 4: Thailand life insurance & pension market geography segmentation: $ billion, 2024
Table 5: Thailand life insurance & pension market value forecast: $ billion, 2024-29
Table 6: Bangkok Life Assurance Public Co Ltd: Key Facts
Table 7: Bangkok Life Assurance Public Co Ltd: Annual Financial Ratios
Table 8: Bangkok Life Assurance Public Co Ltd: Key Employees
Table 9: Krungthai-AXA Life Insurance PCL: Key Facts
Table 10: Krungthai-AXA Life Insurance PCL: Key Employees
Table 11: Thai Life Insurance Public Company Ltd: Key Facts
Table 12: Thai Life Insurance Public Company Ltd: Annual Financial Ratios
Table 13: Thai Life Insurance Public Company Ltd: Key Employees
Table 14: Muang Thai Life Assurance Public Co Ltd: Key Facts
Table 15: Muang Thai Life Assurance Public Co Ltd: Key Employees
Table 16: Thailand Size of Population (Million), 2020-24
Table 17: Thailand Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 18: Thailand GDP (Current Prices, $ Billion), 2020-24
Table 19: Thailand Inflation, 2020-24
Table 20: Thailand Consumer Price Index (Absolute), 2020-24
Table 21: Thailand Exchange Rate, 2019-24
List of Figures
Figure 1: Thailand life insurance & pension market value: $ billion, 2019-24
Figure 2: Thailand life insurance & pension market category segmentation: $ billion, 2019-24
Figure 3: Thailand life insurance & pension market geography segmentation: % share, by value, 2024
Figure 4: Thailand life insurance & pension market value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the life insurance & pension market in Thailand, 2024
Figure 6: Drivers of buyer power in the life insurance & pension market in Thailand, 2024
Figure 7: Drivers of supplier power in the life insurance & pension market in Thailand, 2024
Figure 8: Factors influencing the likelihood of new entrants in the life insurance & pension market in Thailand, 2024
Figure 9: Factors influencing the threat of substitutes in the life insurance & pension market in Thailand, 2024
Figure 10: Drivers of degree of rivalry in the life insurance & pension market in Thailand, 2024

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