Thailand insurance – (Re)in Asia

Thailand.

News and analysis of insurance in Thailand, covering market trends, regulation, underwriting, claims, and key industry developments.

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Charred cafeteria interior with ruined tables and stools; search-and-rescue workers in orange vests inspecting the scene.

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Mandarin Re targets growth with existing cedants amid softening market

COO Grishin sees expansion opportunities in the Philippines, Thailand and Malaysia, but growth will be driven primarily by existing clients in Vietnam and Indonesia.

Thailand leads Asia commercial rate declines in Q3 as property softening deepens

Taiwan, South Korea and Malaysia followed with declines of 15%, 13% and 10%, while Japan and Vietnam were the only markets to record increases, according to Marsh.

Dhipaya identified as lead insurer in deadly Bangkok pub fire

The venue was insured under a fire policy with total coverage of THB40m (US$1.19m).

OIC cuts Thai insurance growth outlook as Middle East conflict raises costs

The regulator pointed to higher claims costs, tighter reinsurance appetite and pressure on trade-exposed lines as external volatility feeds into the sector.

Thailand's OIC puts insurers at centre of resilience push as risks and costs rise

The regulator is reshaping the insurance market through a five-year plan that extends regulatory reach to entire corporate groups, tightens capital standards, and pushes insurers to close the country's...

Dhipaya and Muang Thai Insurance expediting claims payouts after fatal Bangkok bus-train crash

The bus carried compulsory and voluntary cover with the insurers, as BMTA pledged 1.5m baht (approx. US$45,900) in preliminary compensation to each deceased's family.

Vietnam breaks from Asia’s soft market trend as commercial rates rebound to 15% in Q4

Korea led the region’s softening with a 17% composite rate drop, while Taiwan and Hong Kong SAR also posted double-digit declines, according to Marsh data.

Dhipaya Insurance named as lead construction insurer in Bangkok-Ubon train incident

Dhipaya, Bangkok Insurance and Intra Insurance underwrote the Contractor All Risks (CAR) cover tied to the 14 January crane collapse which killed at least 32 people.

Canopius APAC positioned for renewals growth with enhanced team

Specialty (re)insurer has added new underwriters to deal with softer market conditions.

South Korea, Thailand, India on Gallagher Re's radar for regional growth

Broker's head of APAC looks to build on momentum in Asia-Pacific following acquisitions in China and Australia earlier this year.

APAC motor premiums soar in Q1 but rising claims pressure margins

Claims inflation weighs on APAC's motor insurers, eroding margins in key markets despite double-digit growth in the Philippines, Vietnam, and India.

South Korea's commercial insurance rates fall 25% in Q2 as softening trend continues across Asia

Intense competition drives broader coverage and more favourable terms amid falling premiums across the region.

Rising medical inflation tests Thai health insurers

The March introduction of compulsory copayment rules is expected to slow healthcare inflation, but demographic challenges remain.

Chubb to acquire Liberty Mutual's P&C businesses in Thailand and Vietnam

Acquisition is pending regulatory approval with Thailand expected to be finalised by Q2 and Vietnam by early 2026.