Thailand

Thai Re posts strong profit growth in 2023

February 28 2024

Thai Reinsurance reports 219% surge in net profit to THB 231m (US$6.4m).

Liberty Insurance launches DEI mentorship program in Asia

January 24 2024

The program focuses on four key topics: work-life balance, support for new parents, exploring insurance career opportunities, and wellness and mental health.

fitch-ratings-affirms-thai-res-ifs-ratings-amid-post-covid-cor-recovery

Fitch maintains Thai Re's ratings, as COR recovery continues post-Covid

January 23 2024

Stable outlook and 'A-' rating maintained, with combined ratio expected to remain below 100% in 2024.

cyber-a-key-concern-but-top-business-risk-varied-across-apac-allianz-report

Allianz identifies cyber as key concern, but top business risks diverge across APAC

January 17 2024

Allianz Risk Barometer sees cyber as top risk in three of nine APAC countries, but BI and Nat Cat rank high, with China focused on regulatory changes.

Roojai acquires Indonesian online insurance broker

January 15 2024

Roojai Group acquires Indonesian insurance broker Lifepal, which has 2 million monthly users per month according to Roojai.

prudential-life-enters-bancassurance-deal-with-cimb-thai

Prudential Life Thailand secures bancassurance partnership with CIMB Thai

January 11 2024

The ten-year deal will make PLT the exclusive provider of life insurance products to CIMB Thai's customers.

thailands-smk-ordered-by-regulator-to-stop-taking-on-new-applicants

Thailand regulator orders SMK to stop taking new policyholders

December 18 2023

The non-life insurer had applied for bankruptcy protection in May 2022 following significant COVID-19 losses.

motor-cover-continues-to-dominate-asia-pac-non-life-market

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.

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