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Browse Tag

Thailand

Motor continues to dominate APAC non-life market

November 13, 2023

Gallagher Re report shows APAC GWP reached US$1.7 trillion in 2022 — dominated by motor, but low overall insurance penetration highlights region's growth potential.

Starr International Insurance Thailand assigned ‘Excellent’ ratings from AM Best

October 27, 2023

Formerly FPG Insurance, the P&C insurer is expanding its presence in the commercial lines segment and will benefit from the expertise of Starr Group — who became a majority owner in December 2022.

Aerial view of wind turbines in thailand.

Miller boosts presence in Thai Energy market with Central Insurance Services partnership

October 5, 2023

The strategic partnership underscores Miller's growth ambitions for energy, reinsurance, and the Asia region.

A blue jigsaw puzzle with cars on the street.

DirectAsia to be acquired by Roojai Group’s parent company

September 27, 2023

Hiscox is divesting from its Singapore and Thailand motor insurance business, selling to Roojai Group's parent company, Ignite Thailand Holdings.

A computer screen with a blurred image of a stock chart.

Thaire Life’s credit rating downgraded by AM Best amid shrinking ROE ratio

September 11, 2023

The rating downgrade comes in the midst of Thailand's sole life reinsurer pivoting to expand its health reinsurance business.

A painting of a river with boats and an ecg line.

Demographics and GDP growth to power SEA health insurance sector 

September 5, 2023

Southeast Asia's young population and varying levels of public healthcare pose challenges and opportunities to private insurers.

Tokio Marine seeks sale of Southeast Asian units for US$1bn: report

August 16, 2023

The Japanese insurer is understood to be targeting large South Korean insurers interested in expansion, though reports in Malaysia suggest other Japanese insurers might be inte

Thai Reinsurance sees profit growth of 137% in 1H 2023

August 11, 2023

Thai Re recorded strong growth post-COVID-19, driven by hard market conditions.

AM Best downgrades outlook for Dhipaya Insurance despite combined ratio of 83.6%

July 21, 2023

Ratings still excellent, but outlook downgraded due to negative due to balance sheet strength and volatility concerns.

Allianz Ayudhya blooms in Thailand post-Covid health market

July 10, 2023

Allianz’s CEO says acquisition of Aetna’s Thai arm gives the insurer scale to meet increased customer appetite for health cover.

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