Wednesday, February 21, 2018

Thailand

SEG aims for third spot in Thai market

SEG aims for third spot in Thai market

Southeast Insurance and Financial Group is aiming to become one of the country’s top three players.

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Siam Commercial Bank courted for its life business

Siam Commercial Bank courted for its life business

The Thai bank has reportedly received proposals from a number of investment banks, with an expected valuation of US$3bn.

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Generali Group strengthens Thai operations

Generali Group strengthens Thai operations

The company plans to boost its premium income tenfold, to become one of Thailand’s top 10 players.

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Thailand mulls mortgage insurance to cut credit risks

Thailand mulls mortgage insurance to cut credit risks

The finance ministry has asked the ADB to help study its plan to reduce credit risk and allow lenders to expand credit.

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Zuellig eyes 49% stake in FPG Insurance Thailand

Zuellig eyes 49% stake in FPG Insurance Thailand

The company says Thailand offers huge potential because of its comparatively low insurance penetration.

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Hiscox selling DirectAsia business in HK

Hiscox selling DirectAsia business in HK

The specialty insurer will focus on its operations in Singapore and Thailand, where it sees greater growth opportunities.

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Thailand considers making crop insurance mandatory

Thailand considers making crop insurance mandatory

The government wants to protect the country’s farmers from the impact of natural disasters.

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Thailand exempts insurers from foreign business licence

Thailand exempts insurers from foreign business licence

The government is making it easier for foreign financial firms to operate in the country, says Baker & McKenzie.

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Thai life firms bullish on higher growth in 2016

Thai life firms bullish on higher growth in 2016

The Thai Life Assurance Association forecasts that GDP growth will help boost premium income by 9%.

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Thailand’s life industry to grow at least 10% this year

Thailand’s life industry to grow at least 10% this year

A government stimulus packages launched during the fourth quarter of last year will provide a boost.

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Thailand to ease foreign investment rules

Thailand to ease foreign investment rules

Foreign investors will no longer need approval to hold more than 50% in the country’s local insurers.

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Muang Thai Life seeks approval for Cambodia JV

Muang Thai Life seeks approval for Cambodia JV

Thai life insurer embarks on its first life-insurance venture outside Thailand and expected to receive approval early next year.

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Paris attacks dent Thailand’s non-life insurance premiums

Paris attacks dent Thailand’s non-life insurance premiums

Thai General Insurance Association says country’s insurance industry will be indirectly affected.

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Thailand’s ASN Broker to IPO in 2016

Thailand’s ASN Broker to IPO in 2016

One of Thailand’s major non-life insurers is aiming to raise funds to build an intelligent database system.

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ANZIIF teams up with Thai Insurance Institute

ANZIIF teams up with Thai Insurance Institute

The Australian and New Zealand institute will provide training for insurers in Thailand.

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Thailand launches SME loan insurance scheme

Thailand launches SME loan insurance scheme

SMEs with outstanding debt payments will be able to insure loans for as much as US$2.8bn.

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Government stimulus raising premium revenue in Thailand

Government stimulus raising premium revenue in Thailand

Total insurance premiums are expected to rise by nearly 5% as the government targets low earners.

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Thailand to revive travel insurance for visitors

Thailand to revive travel insurance for visitors

The tourism ministry is considering the proposal following the recent bomb attack.

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Nina Klingspor, Allianz Global Corporate & Specialty

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