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Recent trends in non-life (re)insurance

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Source: Asia Insurance Review | Jun 2015

The Thai economy began to recover from the political crisis towards the end of last year. In Q4 of 2014, GDP grew by 2.3% from a year ago, up from the 0.4% to 0.6% recorded in the previous two quarters. For the full year, GDP grew by 0.7%, the weakest since the severe floods in 2011. Mr Nguyen Phuong Hanh and Mr Jonathan Tang of Swiss Re, give an update on the country's non-life sector, its evolving reinsurance competitive landscape and the long-term opportunities.

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