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Thailand tag returned 197 results

  • Bank Partner of the Year 2021 - Krungthai Bank

    For helping its partner insurer maintain its strong growth over the last few years; for transforming its salespersons into insurance and financial products specialists; and for launching initiatives that have helped its partner insurer reach untapped segments and bring more complex products to market.

    Agents | 22 Jul 2021
  • Thailand: Thaire Life posts strong operating results but intermediate-term pressures grow

    The operating performance of Thaire Life Assurance Public Company (Thaire Life) - the only domestic life reinsurer in Thailand -is assessed as strong, with the company having reported a five-year weighted average return-on-equity ratio of 19% (2016-2020), notes AM Best.

    Asia | 23 Jul 2021
  • Thailand: Authorities probe COVID-19 insurance claims for fraud

    Claims lodged on popular COVID-19 insurance policies in Thailand have grown tenfold since last year, prompting the insurance authorities to launch investigations into possible fraud.

    Asia | 09 Jul 2021
  • Energy transition in power sector creating new risks

    Power companies are facing challenges arising from energy transition and the move to cleaner fossil fuels, according to Willis Towers Watson's (WTW) 2021 Power Market Review. These include how power companies need substantially to reduce their greenhouse gas (GHG) emissions (referred to as climate change mitigation) as well as ensuring the resilience of their assets and operations to the impacts of climate change (referred to as climate change adaptation).

    AIRPlus | 30 Jun 2021
  • Thailand: Non-life insurance market predicted to grow by up to 5% this year

    Overall insurance premiums to be generated in the Thai non-life insurance market are forecast to be THB253bn ($8bn) to THB265bn, representing growth of 0.0%-5.0% over last year, according to the Thai General Insurance Association (TGIA).

    Asia | 25 Jun 2021
  • Thailand: Motor premiums rise in 1Q but predicted to decrease for 2021 as a whole

    Motor insurance business in Thailand posted a premium income of THB38.2bn ($1.2bn) in 1Q2021, representing growth of 2.5% over the corresponding quarter last year.

    Asia | 22 Jun 2021
  • Thailand: Bangkok Insurance shows resilient performance

    Bangkok Insurance Public Company (BKI), the third largest general insurer in Thailand, has a strong operating performance, as evidenced by a five-year average return-on-equity ratio of 7.4% and operating ratio of 79.1% (2016-2020), says AM Best.

    Asia | 15 Jun 2021
  • Asian companies still lacking in LGBTQ+ inclusion

    Many companies in the region are still falling short when it comes to fostering an LGBTQ+-friendly working environment through diversity and inclusion (D&I) initiatives according to a new study commissioned by AXA.

    AIRPlus | 09 Jun 2021
  • Thailand: Non-life shows resilience despite COVID-19 headwinds

    Having recorded 3.5% growth in direct premiums written to THB253bn ($8.3bn) in 2020, Thailand's non-life insurance market is expected to continue expanding this year despite the economic fallout from the COVID-19 crisis, AM Best predicts in a recent report.

    AIRPlus | 03 Jun 2021
  • Thailand: Insurers expected to place greater focus on innovation

    Despite a COVID-19-driven economic contraction in 2020 in Thailand, the country's non-life insurance market still managed to expand, driven by strong growth in the health segment, according to a new AM Best report.

    Asia | 21 May 2021

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