Showing 1 - 10 of 23
Call to let foreigners buy more insurance
Business, Nareerat Wiriyapong, Published on 12/02/2026
» Allowing foreigners to buy insurance policies in Thailand with foreign currencies, particularly yuan, would lift the domestic insurance industry, which is pressured by low interest rates and a sluggish economy, says the Thai unit of French insurer AXA.
Insurers face a raft of economic challenges
Business, Nareerat Wiriyapong, Published on 02/01/2026
» Unfavourable economic conditions, political instability, soaring medical costs and natural disaster risks are the top challenges facing insurance companies in Thailand, while the country's ageing society could support continued health insurance expansion.
Association plans to set up Natural Catastrophe Fund
Nareerat Wiriyapong, Published on 23/12/2025
» The Thai General Insurance Association (TGIA) plans to establish a permanent Natural Catastrophe Fund in the first half of 2026 amid increasingly frequent and severe natural disasters in the country, with an initial sum of 50 billion baht.
Chinese EV maker Neta woes pose threat to Thai car dealers
Nareerat Wiriyapong, Published on 09/06/2025
» Troubles facing ailing Chinese electric vehicle (EV) maker Neta could have a drastic spillover effect on Thai car dealers, possibly forcing them to shut down, while insurance companies may choose to collect premiums directly from policyholders, says Allianz Ayudhya General Insurance (AAGI).
Allianz says risk profile not dented by quake
Nareerat Wiriyapong, Published on 02/04/2025
» Thailand’s risk profile for natural disasters has not changed following the March 28 earthquake, but the tremor raised awareness among consumers and companies about adequate protection to keep insurance premiums affordable, says the Thai unit of German insurer Allianz.
Unpacking the new co-pay rule
Business, Nareerat Wiriyapong, Published on 08/03/2025
» The new co-payment rule is set to transform the health insurance industry, which has been affected by rising medical costs, challenging economic conditions and unnecessary claims in recent years.
Allianz Ayudhya bullish on premium growth amid co-pay
Business, Nareerat Wiriyapong, Published on 13/02/2025
» While the introduction of the co-payment clause for health insurance in mid-March may dent sentiment, Allianz Ayudhya Assurance is confident of achieving strong double-digit premium growth this year, outpacing the expected market gain of 2-3%.
Pundits trumpet imminent insurance co-pay scheme
Business, Nareerat Wiriyapong, Published on 24/01/2025
» The co-payment scheme, which takes effect on March 1, is critical to reducing overconsumption of medical services and will keep healthcare costs and insurance premiums affordable in the long term, say analysts.
Axa targets B6bn revenue in 2024
Business, Nareerat Wiriyapong, Published on 29/11/2024
» The Thai unit of a French multinational insurance firm is on track for revenue to exceed 6 billion baht this year, supporting its goal of becoming a top 10 player in the local market by 2026, says new chief executive Guillaume Mirabaud.
Medical costs in Thailand surge
Business, Nareerat Wiriyapong, Published on 27/11/2024
» Medical costs in Thailand, which have been skyrocketing since 2020, are projected to increase by another 15% next year, requiring sustainable solutions and joint efforts from individuals, the private sector and the government, say analysts.