Showing 1 - 10 of 23
EV insurance demand surges amid expensive claims
Nuntawun Polkuamdee, Published on 29/12/2025
» Thailand's electric vehicle (EV) insurance market is expanding at an unprecedented pace, tracking rapid growth in EV sales dominated by Chinese brands, which have overtaken Japanese automakers in market share.
Group expects non-life sector to maintain growth
Business, Nuntawun Polkuamdee, Published on 24/12/2025
» The non-life insurance industry is projected to maintain steady growth in 2026, with written premiums surging 2.5-3.5% to 303 billion baht despite rising risks from climate change, technology disruption and global economic uncertainties, says the Thai General Insurance Association (TGIA).
Viriyah makes AI a priority within its long-term strategy
Business, Nuntawun Polkuamdee, Published on 07/10/2025
» Viriyah Insurance, Thailand's largest non-life insurer, is charting a course into the digital era by placing artificial intelligence (AI) at the centre of its long-term strategy in order to retain its leading market position.
Large health premium uptick expected
Business, Nuntawun Polkuamdee, Published on 29/09/2025
» Thai health insurance premiums are expected to increase by almost 10% this year and continue that trajectory into 2026, driven by a surge in medical inflation that has reached the highest rate globally, demographics, and the rising threat of emerging diseases.
Non-life growth seen falling short
Business, Nuntawun Polkuamdee, Published on 23/09/2025
» The non-life insurance industry's rate of growth is projected to fall below expectations at only 2.5% this year, but stronger expansion could be seen next year, driven by economic stimulus under the new government and increased consumer and business spending following the upcoming election.
Viriyah hikes health premiums
Business, Nuntawun Polkuamdee, Published on 21/08/2025
» Viriyah Insurance, Thailand's largest motor insurer, is planning to increase health insurance premiums by 20% for children and 10% for general policyholders from next year, citing a sharp rise in medical inflation and higher loss ratios.
Insuring against earthquake risk
Business, Nuntawun Polkuamdee, Published on 05/04/2025
» The 7.7-magnitude earthquake that struck Myanmar and parts of Thailand on March 28 left significant cracks in high-rise buildings in Bangkok and surrounding provinces.
Allianz sets out major Thai expansion plans
Business, Nuntawun Polkuamdee, Published on 04/03/2025
» The Thai unit of German insurer Allianz plans to expand its life and general insurance premiums by double digits this year, following resilient results in 2024, with a focus on strengthening the distribution channels.
Thai insurers expect stronger growth next year
Business, Nuntawun Polkuamdee, Published on 25/12/2024
» The insurance industry is projected to grow by 1.5-2.5% next year to achieve total premiums of around 291-294 billion baht, supported by economic and tourism recovery, said the Thai General Insurance Association (TGIA).
Krungthai Panich Insurance eyes 10% premium growth in 2025
Business, Nuntawun Polkuamdee, Published on 20/12/2024
» Krungthai Panich Insurance (KPI) wants to grow its total premiums by 10% next year amid concerns about rising natural disaster risks, the use of new accounting standards, and risks from electric vehicle (EV) insurance.