1. Market Research
  2. > Financial Services
  3. > Insurance Market Trends
  4. > Life Insurance in Thailand, Key Trends and Opportunities to 2018

Life Insurance in Thailand, Key Trends and Opportunities to 2018

  • May 2015
  • -
  • Timetric
  • -
  • 257 pages

Summary

Table of Contents

Search Inside

Synopsis
Timetric’s 'Life Insurance in Thailand, Key Trends and Opportunities to 2018' report provides detailed analysis of the market trends, drivers, challenges in the Thai life insurance segment. It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2009–2013) and forecast period (2013–2018). The report also analyzes distribution channels operating in the segment, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in regulatory structure.

Summary
Timetric’s 'Life Insurance in Thailand, Key Trends and Opportunities to 2018' report provides in-depth market analysis, information and insights into the Thai life insurance segment, including:

- The Thai life insurance segment’s growth prospects by life insurance category

- Key trends, drivers and challenges for the life insurance segment

- The various distribution channels in the Thai life insurance segment

- The detailed competitive landscape in the life insurance segment in Thailand

- Detailed regulatory policies of the Thai insurance industry

- Analysis of various consumer segments in Thai life insurance

- New product launches by leading life insurers

- Key developments of the leading life insurers

Scope
This report provides a comprehensive analysis of the life insurance segment in Thailand:

- It provides historical values for the Thai life insurance segment for the report’s 2009–2013 review period, and projected figures for the 2013–2018 forecast period.

- It offers a detailed analysis of the key categories in the Thai life insurance segment, along with market forecasts until 2018.

- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.

- It analyses the various distribution channels for life insurance products in Thailand.

- It profiles the top life insurance companies in Thailand and outlines the key regulations affecting them.

Reasons To Buy
- Make strategic business decisions using in-depth historic and forecast market data related to the Thai life insurance segment and each category within it.

- Understand the demand-side dynamics, key market trends and growth opportunities in the Thai life insurance segment.

- Assess the competitive dynamics in the life insurance segment.

- Identify the growth opportunities and market dynamics in key product categories.

- Gain insights into key regulations governing the Thai insurance industry and their impact on companies and the industry's future.

Key Highlights
- Life insurance was the largest segment in the Thai insurance industry in 2013, accounting for 58.3% of the industry’s gross written premium.

- The 10 leading insurers in the Thai life segment accounted for 92.8% of the total gross written premium generated in 2013.

- In 2013, the Office of Insurance Commission (OIC) adopted a microinsurance program in Thailand to insure people of all income levels.

- In February 2013, Pacific Century Group completed the acquisition of ING insurance businesses in Thailand, Macau and Hong Kong. As a result, ING Life Insurance Ltd now operates as FWD Life Insurance Public Co., Ltd in Thailand.

- Life insurers are focusing on improving their portfolios by introducing new products and services. In October 2013, FWD launched the Protect Life 10/5 life product that covers life and six major critical illnesses.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Telecom Service Assurance Market by Software, Service, Organization Size, Deployment Type - Global Forecast to 2021

Telecom Service Assurance Market by Software, Service, Organization Size, Deployment Type - Global Forecast to 2021

  • $ 7150
  • Industry report
  • March 2017
  • by MarketsandMarkets

Factors such as voluminous increase in the number of subscribers, need for high optimization & increased cost savings, and ability to measure the performance of a service & Quality of Service are driving ...

IoT Insurance Market by Type, Application, and Geography - Global Forecast to 2022

IoT Insurance Market by Type, Application, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“IoT insurance market to grow at a CAGR of 65.89% between 2016 and 2022” The global IoT insurance market is estimated to be worth USD 42.76 billion by 2022, growing at a CAGR of 65.89% between 2016 ...

Service assurance for NFV/SDN: new requirements will lead to vendor opportunity and disruption

Service assurance for NFV/SDN: new requirements will lead to vendor opportunity and disruption

  • $ 4999
  • Industry report
  • January 2017
  • by Analysys Mason

"CSPs are demanding assurance solutions for NFV/SDN with cloud, analytics and automation features; this change is creating opportunities for vendors and disruption across the assurance value chain." This ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.