Original insurance market research and insurance sector trend analysis for Thailand’s insurance industry.
Competitive intelligence, regional insurance company rankings and SWOT analyses on international and domestic insurance companies in Thailand.
The Thailand Insurance Report has been researched at source and features latest available data for annual insurance premiums and claims; assets and investments;
Thailand Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Thai insurance industry.
Key Benefits
Benchmark It’s Independent 5-Year Insurance Industry Forecast on Thailand
to test other views - a key input for successful budgeting and planning in this strategic insurance market.
Target Business Opportunities & Risks in Thailand's Insurance Sector
through our reviews of latest insurance industry trends, regulatory changes, and major deals, projects and investments in Thailand.
Exploit The Latest Competitive Insurance Intelligence & Company SWOTS
on your competitors and peers in Thailand through our insurance company rankings by assets, premiums, income, market share, investments and leading products and services.
Executive Summary
In Q307 we have incorporated actual data for 2006 in our insurance sector reports. In Q207 much of this data was not available, and we had to make estimates. In international comparison tables, we have also incorporated data from 30 new countries in addition to the 58 for which we had data in Q207. We are now therefore able to place each country into a truly global context.
Actual life premiums rose from THB166,800mn (US$4,147mn)
Among the 88 countries for which we have gathered data, Thailand is in the second quartile in terms of both absolute non-life premiums in 2006, and in terms of absolute growth of non-life premiums that year. We would therefore categorise Thailand as a medium-sized national market for non-life insurance and one where premiums are growing quickly. However, it appears that much of the growth is being accounted for by a booming economy: non-life penetration is not changing quickly.
In 2006 the two most important lines within the non-life segment were motor and other. These two lines accounted for 60% and 25% of non-life premiums respectively.
Thailand is in the second quartile in terms of absolute life premiums in 2006, and in the first quartile in terms of absolute growth of life premiums last year. We would therefore categorise the Thailand as a medium-sized national market for life insurance and one where premiums are growing quickly. Despite the small growth in population in Thailand, much of the growth is being driven by an increase in life density.
In 2006 non-life penetration in Thailand fell by 3.6%, while life density rose by 13% in US dollar terms.
Coverage
Thailand Insurance Sector At A Glance
Key insights into the insurance market, covering industry trends, key players and the regulatory environment, plus snapshots of life and non-life premium values in local currency and US$.
Evolution of the Thai Insurance Market
Analysis of recent developments in the local insurance market, including data on life and non-life premium values, density and penetration, dating from 1998.
It 5-Year Industry Forecasts for Thailand
Analysis of market growth drivers, including 5-year projections (to end-2011) for premium values. Forecasts section also includes It risk ratings on local economy, politics and business environment. Industry indicators covered include:
Number of life and non-life insurance companies; total and per capita Property/Casualty premiums and claims; total and per capita Life/Health premiums and claims; total premium income; total claims/expenses;
It 5-Year Macroeconomic Forecast for Thailand
It forecasts for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.
Insurance Company Rankings in Thailand
Comparative company analyses and rankings by premium income (life and non-life).
Insurance Industry Competitive Landscape in Asia
A cross-border overview of key players and their market share across the region. Tables and graphs show country presence of multinationals throughout the region.
For more information, kindly visit:
http://www.bharatbook.com/
