Country Profile - Thailand : Good growth despite global crisis
Source: Asia Insurance Review | Nov 2009
With Thailand hosting the 24th Pacific Insurance Conference in Bangkok this month, we talk to the President of the Thai Life Assurance Association, a reinsurer and an insurer to get different perspectives of this thriving life market which is expected to register double-digit growth for 2009, thanks to the the increase in tax deductions for life insurance premiums as well as the advertising campaigns by the Association to improve awareness of life insurance. More regulations such as the RBC framework and new capital and solvency requirements are also in the offing for the market.
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