Insurance in Thailand

Insurance in Thailand



Summary



Insurance in Thailand industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.



Key Highlights



– The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.

– The Thai insurance market had total gross written premiums of $26.5bn in 2018, representing a compound annual growth rate (CAGR) of 4.6% between 2014 and 2018.

– The life insurance segment was the market’s most lucrative in 2018, with total gross written premiums of $18.0bn, equivalent to 68% of the market’s overall value.

– As consumers are looking to secure themselves and their assets from any health condition, natural disasters or anything that could affect them and their assets to any extent.



Scope



– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Thailand

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Thailand

– Leading company profiles reveal details of key insurance market players’ global operations and financial performance

– Add weight to presentations and pitches by understanding the future growth prospects of the Thailand insurance market with five year forecasts



Reasons to Buy



– What was the size of the Thailand insurance market by value in 2018?

– What will be the size of the Thailand insurance market in 2023?

– What factors are affecting the strength of competition in the Thailand insurance market?

– How has the market performed over the last five years?

– Who are the top competitiors in Thailand’s insurance market?



Companies Mentioned:

AIA Group Limited

Muang Thai Life Assurance Public Co Ltd

AXA SA

Thai Life Insurance Public Company Ltd

Ritesh Tiwari is the Founder of Research By Markets. He has more than 7 years experience in the Market Research industry and a total experience spanning 18+ years. His core experience is in Sales and International Recruitments. Ritesh is a big foodie and a huge football fan, supporting Manchester United (EPL) and FC Barcelona (La Liga). He hardly misses watching any matches when these teams are playing. Get in touch with Ritesh via: enquiry@researchbymarkets.com *Industry Press Release is a part of Research By Markets.