Thailand: Life insurance business grows stably to nearly US$18bn in 2023

Published on February 28, 2024
Thailand's life insurance industry premiums totalled THB633bn ($17.6bn) in 2023, up 3.61% from a year earlier, with the top 10 companies having a combined market share of 92.5%, revealed Mr Sara
Continue reading on website
Other news

Munich Re CEO Wenning calls for government support amid rising cyber risks

February 27, 2024
In a recent earnings call, Munich Re CEO Joachim Wenning highlighted the imperative need for governmental intervention in the face of escalating cybersecurity threats, shedding light on the limitations of private insurance in covering these risks.Wenning underscored the critical nature of cybersecurity, stating, “Cyber is not just important for us. Cyber is an incredibly important product for our

Indonesia: Insurance industry sees sedate 3% increase in premiums in 2023

February 28, 2024
The insurance industry in Indonesia chalked up total premium income of IDR320.88tn ($20.50bn) in 2023, an increase of 3.02% over 2022, according to the Financial Services Authority (OJK).