TITLE

Thailand: Total insurance premiums hit US$3.7 bln in 1Q

PUB. DATE
June 2011
SOURCE
Asia Insurance Review;Jun2011, p55
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Thailand's Office of Insurance Commission (OIC) reported that insurance business in the first quarter increased 13.52% year-on-year, with total direct premium amounting to 111.8 billion baht. Of this, life insurance increased 12.5% over the same period last year and accounted for 76.6 billion baht while non-life insurance improved 15.91 percent to reach 35.2 billion baht.
ACCESSION #
67503475

 

Related Articles

  • There's something afoot in Thailand...  // Asia Insurance Review;Nov2009, p50 

    The article shares insights on the improvement of the Thailand market in 2009. It states that with the establishment of the Office of the Insurance Commission (OIC), the move to develop and enforce a new valuation for the country has brought pace. Another key feature is the increase of the...

  • Thai insurance industry to see 15% growth this year.  // Asia Insurance Review;Mar2010, p28 

    The article discusses the report presented by the Office of the Insurance Commission (OIC) which reveals that the insurance industry is gearing for a 15% growth in the microinsurance sector in Thailand for 2010.

  • Recent developments in insurance regulation in Thailand. Chen, Sarah // Asia Insurance Review;Oct2011, p42 

    The article looks at the developments in insurance regulation in Thailand. It highlights the amendment of the Life Insurance Act B.E. 2535 and the Non-Life Insurance Act B.E. 2535, introducing a framework for foreign shareholding in Thai insures to be increased to 49% with regulator approval and...

  • Thailand: Foreign ownership of insurance companies raised to 49%.  // Asia Insurance Review;May2012, p28 

    The article reports on an announcement by the Thailand Office of Insurance Commission (OIC) regarding the raising of the foreign ownership limit for domestic insurance companies to 49 percent.

  • Thailand considers launching disaster fund.  // Asia Insurance Review;Jan2012, p30 

    The article reports on the plans by Thailand's Office of Insurance Commission (OIC) and the General Insurance Association (GIA) to establish a disaster fund similar to those in Japan, Taiwan and the U.S. in response to the floods that hit Thailand in 2011.

  • OIC goes full speed with new regulations. Contreras, Manuelita // Asia Insurance Review;Oct2011, p37 

    An interview with Chantra Purnariksha, secretary-general of Thailand's Office of the Insurance Commission (OIC), is presented. When asked about the implementation of the risk-based capital (RBC) framework, she says they are confident that most insurance companies can run business smoothly under...

  • Thailand: Discount for Terrorism Coverage.  // Asia Insurance Review;Apr2008, p28 

    The article reports the move of insurance companies in decreasing the insurance premium products with terrorism coverage in Thailand. It will decrease if more business in the four southernmost provinces jointly buy the policies to protect their properties from damaged caused by rebels....

  • All eyes on RBC implementation. Contreras, Manuelita // Asia Insurance Review;Oct2011, p40 

    The article looks at the challenges facing the reinsurance industry with the implementation of the risk-based capital (RBC) framework in Thailand. The implementation of RBC framework has kept non-life industry on its toes as it sees how insurers meet the requirements. However, the implementation...

  • AIOFP alleges 'institutional sellout' on life/risk. SPITS, JASON // Money Management;7/23/2015, Vol. 29 Issue 13, p4 

    The article reports that the Association of Independently Owned Financial Planners (AIOFP) alleges the tri-party Life Insurance Framework (LIF) as a sell-out and a risk to advisors.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics