New Market Study Published: Thailand Insurance Report Q2 2014
Growth will continue apace across the Thai insurance market, with both life and non-life sectors enjoying strong expansion of 10% and 9% respectively in 2013. In spite of this, Thai non-life insurance remains an underdeveloped market, dominated by motor insurance, taking almost 60% of all non-life premiums, and with insurance density of just US$94 in 2013. The non-life sector has endured a number of natural disasters, but the Thai people have not responded to these in the same way as...
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