Thailand Insurance Report - Business Monitor International - Industry Reports

Thailand Insurance Report

Thailand Insurance Report - Business Monitor International - Industry Reports
Thailand Insurance Report
Published Oct 15, 2016
56 pages — Published Oct 15, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Households --- Net Income less than USD-,--- ----f ----f ----f ----f ----f - --,--- --,--- --,--- e/f = BMI estimate/forecast. Source: National sources, BMI By most standards, life penetration of around -.- would not be considered particularly high. ...Source: National sources, BMI By most standards, life penetration of around -.- would not be considered particularly high. However, it indicates that life insurance is well accepted as a conduit for organised savings by the wealthiest --.- of households in Thailand. Given the general upwards trend in incomes, the innovation of the life insurers and the possibility of their boosting revenues through sale of riders, we think that penetration will increase gradually over the course of the forecast period. ...However, it indicates that life insurance is well accepted as a conduit for organised savings by the wealthiest --.- of households in Thailand. Given the general upwards trend in incomes, the innovation of the life insurers and the possibility of their boosting revenues through sale of riders, we think that penetration will increase gradually over the course of the forecast period.

...Life expectancy for men in Thailand is around -- years. ...Life expectancies are unlikely to change much over the course of the forecast period. Over the seven years to ----, the number of people who are aged -- or over is expected to rise from about -.-mn to nearly -.--mn. This is in the context, though, of a country with --mn people. ...This is in the context, though, of a country with --mn people. Thailand is not a country where the opportunities for life insurers are driven mainly by a growing need of a large number of older people for annuities and other retirement income solutions.

...Following the major changes that we made to our forecasts last quarter, we have left our projections broadly unchanged. In the life segment, we are now looking for a trajectory of premiums from ---- that is only marginally lower than that which we envisaged last quarter. ...Following the major changes that we made to our forecasts last quarter, we have left our projections broadly unchanged. In the life segment, we are now looking for a trajectory of premiums from ---- that is only marginally lower than that which we envisaged last quarter. In the non-life segment, we have reduced our projections in four sub-sectors: health, personal accident, transport and the catch-all other segment. ...

  
Source:
Document ID
1752-8380
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Thailand Insurance Report" Oct 15, 2016. Alacra Store. Dec 11, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Thailand-Insurance-Report-2026-85>
  
APA:
Business Monitor International - Industry Reports. (2016). Thailand Insurance Report Oct 15, 2016. New York, NY: Alacra Store. Retrieved Dec 11, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Thailand-Insurance-Report-2026-85>
  
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