Thailand: Brimming with buoyancy
Source: Asia Insurance Review | Jun 2015
The market is buoyant and confident again, as the Thai economy recovers from the political crisis towards the end of last year. Both the life and non-life sectors were not unduly affected by the crisis and with its threat dissipating, they are optimistic
of good prospects in 2015, despite the challenge of the low interest rates. The imminent ASEAN Economic Community (AEC) does not worry the market and is in fact welcomed, as it is seen as an opportunity rather than a threat.