News Asia15 Jun 2018

Thailand:Insurance premiums to breach THB1-trln mark by 2020

| 15 Jun 2018

Insurance premiums are expected to break the THB1 trillion ($31.1 billion) mark for the first time in one or two years' time, supported by Thailand's GDP growth, the positive trend in the life assurance business, and growing bancassurance distribution channels for both life and non-life products, according to Mr Chuchatr Pramoolpol, deputy secretary general of the OIC.

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