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Thailand: Life Insurance
Emerging Markets Direct, Aug 2007, Pages: 18
The Insurance industry can be classified into two major categories; life and non-life insurance. Life insurance offers compensation for death, the loss of limbs or organs, or the inability to earn income. Non-life insurance provides policies covering fire, motor vehicle use, marine activities, health, accidents and miscellaneous. The insurance industry plays a critical role, providing individuals and businesses with a broad spectrum of financial security products and playing a major role in financial intermediation, thus enhancing a nation’s financial and economic development. The insurance industry will become an increasingly important sector as a country develops.
“Thailand: Life Insurance” covers the Asia Pacific insurance sector, Thailand’s insurance sector together with industry performance and regulatory issues of the life insurance industry in Thailand. It also covers market trends and outlook, demographics, plus a comparative matrix of the industry leading players: Ayudhya Allianz C.P. Life PCL, Bangkok Life Assurance Company Ltd. and Thai Reinsurance PCL.
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