Reinsurance in Thailand, Key Trends and Opportunities to 2020


#1572614

41pages

Timetric

$ 1450

In Stock

Synopsis
Timetrics 'Reinsurance in Thailand, Key Trends and Opportunities to 2020' report provides detailed analysis of the market trends, drivers and challenges in the Thailand reinsurance segment.

It provides values for key performance indicators such as written premium, reinsurance ceded and reinsurance accepted during the review period (20112015) and forecast period (20152020).

The report also analyses information pertaining to the competitive landscape in the country, gives a comprehensive overview of the Thailand economy and demographics, and provides detailed analysis of natural hazards and their impact on the Thailand insurance industry.

The report brings together Timetrics research, modeling and analysis expertise to enable reinsurers to identify segment dynamics and competitive advantages, and access profiles of reinsurers operating in the country.

Summary
Timetrics 'Reinsurance in Thailand, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Thailand reinsurance segment, including:

An outlook of the Thailand reinsurance segment

A comprehensive overview of the Thailand economy and demographics

Detailed analysis of natural hazards and their impact on the Thailand insurance industry

The competitive landscape in the Thailand reinsurance segment

Scope
This report provides a comprehensive analysis of the reinsurance segment in Thailand:

It provides historical values for the Thailand reinsurance segment for the reports 20112015 review period, and projected figures for the 20152020 forecast period.

It offers a detailed analysis of the key categories in the Thailand reinsurance segment, and market forecasts to 2020.

It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Thailand, and the reinsurance segment's growth prospects.

It analyzes various natural hazards and their impact on the Thailand insurance industry.

Reasons To Buy
Make strategic business decisions using in-depth historic and forecast market data related to the Thailand reinsurance segment, and each category within it.

Understand the demand-side dynamics, key market trends and growth opportunities in the Thailand reinsurance segment.

Identify growth opportunities and market dynamics in key product categories.

Gain insights into key regulations governing the Thailand insurance industry, and their impact on companies and the industry's future.

Key Highlights
The Office of Insurance Commission (OIC) has proposed to increase the minimum capital requirements for insurers under the new risk-based capital (RBC) 2 framework.

There are no specific regulatory provisions for reinsurance arrangements in Thailand. However, insurers are required to submit details annually on reinsurance arrangements to the regulatory authority.


The formation of the Association of Southeast Asian Nations (ASEAN) members to form the ASEAN Economic Community (AEC) in December 2015 created a single market. This provides significant growth opportunities for the insurance industry.

The Ministry of Finance made amendments to regulations on foreign shareholding on January 18, 2017, allowing foreign insurers to acquire a 100% stake in domestic insurance companies.