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Life Insurance in Thailand, Key Trends and Opportunities to 2017 - Product Image

Life Insurance in Thailand, Key Trends and Opportunities to 2017

  • Published: December 2013
  • Region: Thailand
  • 229 Pages
  • Timetric

FEATURED COMPANIES

  • AIA Insurance Thailand
  • ING Life Ltd
  • MORE

The report provides in depth market analysis, information and insights into the Thai life insurance segment, including:

- The Thai life insurance segment’s growth prospects by life insurance categories
- Key trends and drivers for the life insurance segment
- The various distribution channels in the Thai life insurance segment
- Detailed competitive landscape of the life insurance segment in Thailand
- Detailed regulatory framework of the Thai insurance industry
- A description of the life reinsurance segment in Thailand
- Porter's Five Forces Analysis of the life insurance segment
- Benchmarking section on the Thai life insurance segment in comparison to other countries in the South-East Asian region

Summary

Life insurance was the largest segment in the Thai insurance industry in 2012, accounting for 60.2% of the industry’s total written premium. The segment has strong growth potential because of a low insurance penetration rate of 2.7% and citizens’ rising disposable incomes. The adverse impact of the 2011 Thai floods made people more aware of the need for cover. However, the segment may face temporary challenges such as READ MORE >

1 Executive Summary

2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology

3 Regional Market Dynamics
3.1 Overview
3.2 Market Trends
3.3 Market Size

4 Life Insurance - Regional Benchmarking
4.1 Scale and Penetration
4.1.1 Total segment gross written premium
4.1.2 Premium per capita
4.1.3 Life insurance penetration as a percentage of GDP
4.2 Growth
4.2.1 Gross written premium
4.2.2 Gross written premium per capita
4.3 Efficiency and Risk
4.3.1 Loss ratio
4.3.2 Combined ratio
4.3.3 Incurred losses per capita
4.3.4 Incurred losses as a percentage of GDP

5 Thai Insurance Industry Attractiveness
5.1 Insurance Industry Size, 2008- 2017
5.2 Key Industry Trends and Drivers

6 Life Insurance Outlook
6.1 Life Insurance Growth Prospects by Category
6.1.1 Individual life insurance
6.1.2 Individual supplementary
6.1.3 Group life insurance
6.2 Life Insurance Growth Prospects by Product Type
6.2.1 Individual single-premium policies
6.2.2 Individual non-single-premium policies
6.2.3 Group single-premium policies
6.2.4 Group non-single-premium policies

7 Analysis by Distribution Channel
7.1 Direct Marketing
7.2 Bancassurance
7.3 Agencies
7.4 E-commerce
7.5 Brokers
7.6 Other Channels

8 Porter’s Five Forces Analysis - Thai Life Insurance
8.1 Bargaining Power of Supplier: Medium
8.2 Bargaining Power of Buyer: High
8.3 Barriers to Entry: Low-to-Medium
8.4 Intensity of Rivalry: High
8.5 Threat of Substitutes: Low to Medium

9 Reinsurance Growth Dynamics and Challenges
9.1 Reinsurance Segment Size, 2008- 2017
9.2 Reinsurance Segment Size by Type of Insurance, 2008- 2017

10 Governance, Risk and Compliance
10.1 Legislation Overview and Historical Evolution
10.2 Legislation Trends by Type of Insurance
10.2.1 Life insurance regulatory trends
10.2.2 Property insurance regulatory trends
10.2.3 Motor insurance regulatory trends
10.2.4 Marine, aviation and transit insurance regulatory trends
10.2.5 Personal accident insurance regulatory trends
10.3 Compulsory Insurance
10.3.1 Motor third-party liability insurance
10.4 Supervision and Control
10.4.1 International Association of Insurance Supervisors
10.4.2 Office of Insurance Commission (OIC)
10.5 Non-Admitted Insurance Regulatory Trends
10.5.1 Overview
10.5.2 Intermediaries
10.5.3 Market Practices
10.5.4 Fines and penalties
10.6 Company Registration and Operations
10.6.1 Types of insurance organization
10.6.2 Establishing a local company
10.6.3 Foreign ownership
10.6.4 Types of license
10.6.5 Capital requirements
10.6.6 Solvency margins
10.6.7 Reserve requirements
10.6.8 Investment regulations
10.6.9 Statutory return requirements
10.7 Taxation
10.7.1 Insurance premium or policy taxation
10.7.2 Withholding taxes on premium paid overseas
10.7.3 Corporate tax
10.7.4 VAT
10.7.5 Captives
10.8 Legal System
10.8.1 Introduction
10.8.2 Access to court
10.8.3 Alternative dispute resolution (ADR)

11 Competitive Landscape and Strategic Insights
11.1 Overview
11.2 Leading Companies in Thai Life Insurance Segment
11.3 Comparison of the Top Five Insurers
11.3.1 Gross written premium
11.4 AIA Insurance Thailand - Company Overview
11.4.1 AIA Insurance Thailand - Key facts
11.4.2 AIA Insurance Thailand - Key financials
11.5 Muang Thai Life Assurance Company Ltd - Company Overview
11.5.1 Muang Thai Life Assurance Company Ltd - Key facts
11.5.2 Muang Thai Life Assurance Company Ltd - Key financials
11.6 Thai Life Insurance Co., Ltd - Company Overview
11.6.1 Thai Life Insurance Co., Ltd - Key facts
11.6.2 Thai Life Insurance Co., Ltd - Key financials
11.7 Bangkok Life Assurance Ltd - Company Overview
11.7.1 Bangkok Life Assurance Ltd - Key facts
11.7.2 Bangkok Life Assurance Ltd - Key financials
11.8 SCB Life Assurance Public Company Ltd - Company Overview
11.8.1 SCB Life Assurance Public Company Ltd - Key facts
11.8.2 SCB Life Assurance Public Company Ltd - Key financials
11.9 Krungthai-Axa Life Insurance Public Company Ltd - Company Overview
11.9.1 Krungthai-Axa Life Insurance Public Company Ltd - Key facts
11.9.2 Krungthai-Axa Life Insurance Public Company Ltd - Key financials
11.1 Ayudhya Allianz CP Life Public Company Ltd - Company Overview
11.10.1 Ayudhya Allianz CP Life Public Company Ltd - Key facts
11.10.2 Ayudhya Allianz CP Life Public Company Ltd - Key financials
11.11 Ocean Life Insurance Company Ltd - Company Overview
11.11.1 Ocean Life Insurance Company Ltd - Key facts
11.11.2 Ocean Life Insurance Company Ltd - Key financials
11.12 ING Life Ltd - Company Overview
11.12.1 ING Life Ltd - Key facts
11.12.2 ING Life Ltd - Key financials
11.13 Thanachart Life Assurance Company Ltd - Company Overview
11.13.1 Thanachart Life Assurance Company Ltd - Key facts
11.13.2 Thanachart Life Assurance Company Ltd - Key financials

12 Business Environment and Country Risk
12.1 Business Confidence
12.1.1 Market capitalization trend - Stock Exchange of Thailand, Thailand
12.2 Economic Performance
12.2.1 GDP at constant prices (US$)
12.2.2 GDP per capita at constant prices (US$)
12.2.3 GDP at current prices (US$)
12.2.4 GDP per capita at current prices (US$)
12.2.5 GDP by key segments
12.2.6 Agriculture, hunting, forestry and fishing net output at current prices (US$)
12.2.7 Agriculture, hunting, forestry and fishing net output at current prices as percentage of GDP
12.2.8 Manufacturing net output at current prices (US$)
12.2.9 Manufacturing net output at current prices as percentage of GDP
12.2.10 Mining, manufacturing and utilities at current prices (US$)
12.2.11 Mining, manufacturing and utilities at current prices as percentage of GDP
12.2.12 Construction net output at current prices (US$)
12.2.13 Construction net output at current prices as percentage of GDP
12.2.14 Inflation rate
12.2.15 Exports as percentage of GDP
12.2.16 Imports as percentage of GDP
12.2.17 Exports growth
12.2.18 Imports growth
12.2.19 Annual average exchange rate US$- THB
12.3 Infrastructure Quality and Availability
12.3.1 Commercial vehicle exports - total value
12.3.2 Commercial vehicles imports - total value
12.3.3 Automotive exports - total value
12.3.4 Automotive imports - total value
12.3.5 Total internet subscribers
12.4 Labor Force
12.4.1 Labor force
12.5 Demographics
12.5.1 Gross national disposable income (US$)
12.5.2 Total population
12.5.3 Urban and rural populations
12.5.4 Age distribution of the total population

13 Appendix
13.1 Methodology
13.2 Contact Timetric
13.3 About Timetric
13.4 Timetric’s Services
13.5 Disclaimer

List of Tables
Table 1: Insurance Industry Definitions
Table 2: Southeast Asia - Life Expectancy, 2000 and 2012
Table 3: Thai Insurance - Overall Written Premium by Segment (THB Billion), 2008- 2012
Table 4: Thai Insurance - Overall Written Premium by Segment (US$ Billion), 2008- 2012
Table 5: Thai Insurance - Overall Written Premium by Segment (THB Billion), 2012- 2017
Table 6: Thai Insurance - Overall Written Premium by Segment (US$ Billion), 2012- 2017
Table 7: Thai Insurance - Segmentation (Percentage Share), 2008- 2017
Table 8: Thai Life Insurance - Written Premium by Category (THB Billion), 2008- 2012
Table 9: Thai Life Insurance - Written Premium by Category (US$ Billion), 2008- 2012
Table 10: Thai Life Insurance - Written Premium by Category (THB Billion), 2012- 2017
Table 11: Thai Life Insurance - Written Premium by Category (US$ Billion), 2012- 2017
Table 12: Thai Life Insurance - Earned Premium (THB Billion), 2008- 2012
Table 13: Thai Life Insurance - Earned Premium (THB Billion), 2012- 2017
Table 14: Thai Life Insurance - Sum Assured (THB Trillion), 2008- 2012
Table 15: Thai Life Insurance - Sum Assured (THB Trillion), 2012- 2017
Table 16: Thai Life Insurance - Paid Claims (THB Billion), 2008- 2012
Table 17: Thai Life Insurance - Paid Claims (THB Billion), 2012- 2017
Table 18: Thai Life Insurance - Incurred Loss (THB Billion), 2008- 2012
Table 19: Thai Life Insurance - Incurred Loss (THB Billion), 2012- 2017
Table 20: Thai Life Insurance - Loss Ratio (%), 2008- 2012
Table 21: Thai Life Insurance - Loss Ratio (%), 2012- 2017
Table 22: Thai Life Insurance - Commissions and Expenses (THB Billion), 2008- 2012
Table 23: Thai Life Insurance - Commissions and Expenses (THB Billion), 2012- 2017
Table 24: Thai Life Insurance - Combined Ratio (%), 2008- 2012
Table 25: Thai Life Insurance - Combined Ratio (%), 2012- 2017
Table 26: Thai Life Insurance - Frauds and Crimes (THB Billion), 2008- 2012
Table 27: Thai Life Insurance - Frauds and Crimes (THB Billion), 2012- 2017
Table 28: Thai Life Insurance - Total Assets (THB Billion), 2008- 2012
Table 29: Thai Life Insurance - Total Assets (THB Billion), 2012- 2017
Table 30: Thai Life Insurance - Total Investment Income (THB Billion), 2008- 2012
Table 31: Thai Life Insurance - Total Investment Income (THB Billion), 2012- 2017
Table 32: Thai Life Insurance - Retentions (THB Billion), 2008- 2012
Table 33: Thai Life Insurance - Retentions (THB Billion), 2012- 2017
Table 34: Thai Individual Life Insurance - Number of Active Policies (Thousand), 2008- 2012
Table 35: Thai Individual Life Insurance - Number of Active Policies, 2012- 2017
Table 36: Thai Individual Life Insurance - Written Premium (THB Billion), 2008- 2012
Table 37: Thai Individual Life Insurance - Written Premium (THB Billion), 2012- 2017
Table 38: Thai Individual Supplementary Insurance - Number of Active Policies (Thousand), 2008- 2012
Table 39: Thai Individual Supplementary Insurance - Number of Active Policies (Thousand), 2012- 2017
Table 40: Thai Individual Supplementary Insurance - Written Premium (THB Billion), 2008- 2012
Table 41: Thai Individual Supplementary Insurance - Written Premium (THB Billion), 2012- 2017
Table 42: Thai Group Life Insurance - Number of Active Policies (Thousand), 2008- 2012
Table 43: Thai Group Life Insurance - Number of Active Policies (Thousand), 2012- 2017
Table 44: Thai Group Life Insurance - Written Premium (THB Billion), 2008- 2012
Table 45: Thai Group Life Insurance - Written Premium (THB Billion), 2012- 2017
Table 46: Thai Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Table 47: Thai Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Table 48: Thai Individual Single-Premium Insurance - Written Premium (THB Billion), 2008- 2012
Table 49: Thai Individual Single-Premium Insurance - Written Premium (THB Billion), 2012- 2017
Table 50: Thai Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Table 51: Thai Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Table 52: Thai Individual Non-Single-Premium Insurance - Written Premium (THB Billion), 2008- 2012
Table 53: Thai Individual Non-Single-Premium Insurance - Written Premium, (THB Billion), 2012- 2017
Table 54: Thai Group Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Table 55: Thai Group Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Table 56: Thai Group Single-Premium Insurance - Written Premium (THB Billion), 2008- 2012
Table 57: Thai Group Single-Premium Insurance - Written Premium (THB Billion), 2012- 2017
Table 58: Thai Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Table 59: Thai Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Table 60: Thai Group Non-Single-Premium Insurance - Written Premium (THB Billion), 2008- 2012
Table 61: Thai Group Non-Single-Premium Insurance - Written Premium (THB Billion), 2012- 2017
Table 62: Thai Life Insurance - Direct Marketing Commission Paid (THB Billion), 2008- 2012
Table 63: Thai Life Insurance - Direct Marketing Commission Paid (THB Billion), 2012- 2017
Table 64: Thai Life Insurance - New Business Written Premium Through Direct Marketing (THB Billion), 2008- 2012
Table 65: Thai Life Insurance - New Business Written Premium Through Direct Marketing (THB Billion), 2012- 2017
Table 66: Thai Life Insurance - New Policies Sold Through Direct Marketing (Thousand),2008- 2012
Table 67: Thai Life Insurance - New Policies Sold Through Direct Marketing (Thousand),2012- 2017
Table 68: Thai Life Insurance - Number of Direct Marketing Distributors, 2008- 2012
Table 69: Thai Life Insurance - Number of Direct Marketing Distributors, 2012- 2017
Table 70: Thai Life Insurance - Bancassurance Commission Paid (THB Billion), 2008- 2012
Table 71: Thai Life Insurance - Bancassurance Commission Paid (THB Billion), 2012- 2017
Table 72: Thai Life Insurance - New Business Written Premium Through Bancassurance (THB Billion), 2008- 2012
Table 73: Thai Life Insurance - New Business Written Premium Through Bancassurance (THB Billion), 2012- 2017
Table 74: Thai Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2008- 2012
Table 75: Thai Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2012- 2017
Table 76: Thai Life Insurance - Number of Bancassurance Distributors, 2008- 2012
Table 77: Thai Life Insurance - Number of Bancassurance Distributors, 2012- 2017
Table 78: Thai Life Insurance - Commission Paid to Agencies (THB Billion), 2008- 2012
Table 79: Thai Life Insurance - Commission Paid to Agencies (THB Billion), 2012- 2017
Table 80: Thai Life Insurance - New Business Written Premium Through Agencies (THB Billion), 2008- 2012
Table 81: Thai Life Insurance - New Business Written Premium Through Agencies (THB Billion), 2012- 2017
Table 82: Thai Life Insurance - New Policies Sold Through Agencies (Thousand), 2008- 2012
Table 83: Thai Life Insurance - New Policies Sold Through Agencies (Thousand), 2012- 2017
Table 84: Thai Life Insurance - Number of Agencies, 2008- 2012
Table 85: Thai Life Insurance - Number of Agencies, 2012- 2017
Table 86: Thai Life Insurance - E-Commerce Commission Paid (THB Billion), 2008- 2012
Table 87: Thai Life Insurance - E-Commerce Commission Paid (THB Billion), 2012- 2017
Table 88: Thai Life Insurance - New Business Written Premium Through E-Commerce (THB Billion), 2008- 2012
Table 89: Thai Life Insurance - New Business Written Premium Through E-Commerce (THB Billion), 2012- 2017
Table 90: Thai Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2008- 2012
Table 91: Thai Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2012- 2017
Table 92: Thai Life Insurance - Number of E-Commerce Distributors, 2008- 2012
Table 93: Thai Life Insurance - Number of E-Commerce Distributors, 2012- 2017
Table 94: Thai Life Insurance - Commission Paid to Brokers(THB Billion), 2008- 2012
Table 95: Thai Life Insurance - Commission Paid to Brokers(THB Billion), 2012- 2017
Table 96: Thai Life Insurance - New Business Written Premium Through Brokers (THB Billion), 2008- 2012
Table 97: Thai Life Insurance - New Business Written Premium Through Brokers (THB Billion), 2012- 2017
Table 98: Thai Life Insurance - New Policies Sold Through Brokers (Thousand), 2008- 2012
Table 99: Thai Life Insurance - New Policies Sold Through Brokers (Thousand), 2012- 2017
Table 100: Thai Life Insurance - Number of Brokers, 2008- 2012
Table 101: Thai Life Insurance - Number of Brokers, 2012- 2017
Table 102: Thai Life Insurance - Commission Paid to Other Channels (THB Million), 2008- 2012
Table 103: Thai Life Insurance - Commission Paid to Other Channels (THB Billion), 2012- 2017
Table 104: Thai Life Insurance - New Business Written Premium Through Other Channels (THB Million), 2008- 2012
Table 105: Thai Life Insurance - New Business Written Premium Through Other Channels (THB Billion), 2012- 2017
Table 106: Thai Life Insurance - New Policies Sold Through Other Channels (Thousand), 2008- 2012
Table 107: Thai Life Insurance - New Policies Sold Through Other Channels (Thousand), 2012- 2017
Table 108: Thai Life Insurance - Number of Distributors in Other Channels, 2008- 2012
Table 109: Thai Life Insurance - Number of Distributors in Other Channels, 2012- 2017
Table 110: Thai Reinsurance by Category (THB Billion), 2008- 2012
Table 111: Thai Reinsurance by Category (US$ Billion), 2008- 2012
Table 112: Thai Reinsurance by Category (THB Billion), 2012- 2017
Table 113: Thai Reinsurance by Category (US$ Billion), 2012- 2017
Table 114: Thai Premium Ceded to Reinsurance by Type of Insurance (THB Billion), 2008- 2012
Table 115: Thai Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2008- 2012
Table 116: Thai Premium Ceded to Reinsurance by Type of Insurance (THB Billion), 2012- 2017
Table 117: Thai Premium Ceded to Reinsurance by Type of Insurance(US$ Billion), 2012- 2017
Table 118: Thai Life Insurance - Percentage of Reinsurance Ceded (%), 2008- 2012
Table 119: Thai Life Insurance - Percentage of Reinsurance Ceded (%), 2012- 2017
Table 120: Thailand - Non-life Insurance Tax Compliance Obligations
Table 121: Thailand - Life Insurance Tax Compliance Obligations
Table 122: Thailand - Corporate Tax Rates for the Financial Year 2012- 2013
Table 123: Thai Life Insurance Segment Shares (%), 2011
Table 124: AIA Insurance Thailand - Key Facts
Table 125: AIA Insurance Thailand - Key Financials (THB Million)
Table 126: Muang Thai Life Assurance Company Ltd - Key Facts
Table 127: Muang Thai Life Assurance Company Ltd - Key Financials (THB Million)
Table 128: Thai Life Insurance Co., Ltd - Key Facts
Table 129: Thai Life Insurance Co., Ltd - Key Financials (THB Million)
Table 130: Bangkok Life Assurance Ltd - Key Facts
Table 131: Bangkok Life Assurance Ltd - Key Financials (THB Million)
Table 132: SCB Life Assurance Public Company Ltd - Key Facts
Table 133: SCB Life Assurance Public Company Ltd - Key Financials (THB Million)
Table 134: Krungthai-Axa Life Insurance Public Company Ltd - Key Facts
Table 135: Krungthai-Axa Life Insurance Public Company Ltd - Key Financials (THB Million)
Table 136: Ayudhya Allianz CP Life Public Company Ltd - Key Facts
Table 137: Ayudhya Allianz CP Life Public Company Ltd - Key Financials (THB Million)
Table 138: Ocean Life Insurance Company Ltd - Key Facts
Table 139: Ocean Life Insurance Company Ltd - Key Financials (THB Million)
Table 140: ING Life Ltd - Key Facts
Table 141: ING Life Ltd - Key Financials (THB Million)
Table 142: Thanachart Life Assurance Company Ltd - Key Facts
Table 143: Thanachart Life Assurance Company Ltd - Key Financials (THB Million)

List of Figures
Figure 1: Southeast Asia - Economies and Populations, 2011
Figure 2: Southeast Asia - Growth Trends in the Insurance Industry
Figure 3: Southeast Asian Region - Total Insurance Industry by Insurance Segment (US$ Billion), 2011
Figure 4: Southeast Asian Comparison - Life Insurance Segment Gross Written Premium (US$ Billion), 2011
Figure 5: Southeast Asian Comparison - Life Insurance Premium per Capita (US$), 2011
Figure 6: Southeast Asian Comparison - Life Insurance Penetration (% of GDP), 2011 and 2016
Figure 7: Southeast Asian Comparison - Life Insurance Gross Written Premium Growth (%), 2007- 2016
Figure 8: Southeast Asian Comparison - Life Insurance Gross Written Premium per Capita Growth (%), 2007- 2016
Figure 9: Southeast Asian Comparison - Life Insurance Loss Ratio (%), 2011 and 2016
Figure 10: Southeast Asian Comparison - Life Insurance Combined Ratio (%), 2011 and 2016
Figure 11: Southeast Asian Comparison - Life Insurance Incurred Losses per Capita (US$), 2011 and 2016
Figure 12: Southeast Asian Comparison - Life Insurance Incurred Losses as a Percentage of GDP (%), 2011 and 2016
Figure 13: Thai Insurance - Overall Written Premium by Segment (THB Billion), 2008- 2017
Figure 14: Thai Insurance - Dynamics by Segment, 2008- 2017
Figure 15: Thai Life Insurance - Written Premium by Category (THB Billion), 2008- 2017
Figure 16: Thai Life Insurance - Written Premium by Category (Percentage Share), 2012 and 2017
Figure 17: Thai Life Insurance - Dynamics by Category, 2008- 2017
Figure 18: Thai Life Insurance - Earned Premium (THB Billion), 2008- 2012
Figure 19: Thai Life Insurance- Earned Premium (THB Billion), 2012- 2017
Figure 20: Thai Life Insurance - Sum Assured (THB Trillion), 2008- 2012
Figure 21: Thai Life Insurance - Sum Assured (THB Trillion), 2012- 2017
Figure 22: Thai Life Insurance - Paid Claims (THB Billion), 2008- 2012
Figure 23: Thai Life Insurance - Paid Claims (THB Billion), 2012- 2017
Figure 24: Thai Life Insurance - Incurred Loss (THB Billion), 2008- 2012
Figure 25: Thai Life Insurance - Incurred Loss (THB Billion), 2012- 2017
Figure 26: Thai Life Insurance - Loss Ratio (%), 2008- 2012
Figure 27: Thai Life Insurance - Loss Ratio (%), 2012- 2017
Figure 28: Thai Life Insurance - Commissions and Expenses (THB Billion), 2008- 2012
Figure 29: Thai Life Insurance - Commissions and Expenses (THB Billion), 2012- 2017
Figure 30: Thai Life Insurance - Combined Ratio (%), 2008- 2012
Figure 31: Thai Life Insurance - Combined Ratio (%), 2012- 2017
Figure 32: Thai Life Insurance - Frauds and Crimes (THB Billion), 2008- 2012
Figure 33: Thai Life Insurance - Frauds and Crimes (THB Billion), 2012- 2017
Figure 34: Thai Life Insurance - Total Assets (THB Billion), 2008- 2012
Figure 35: Thai Life Insurance - Total Assets (THB Billion), 2012- 2017
Figure 36: Thai Life Insurance - Total Investment Income (THB Billion), 2008- 2012
Figure 37: Thai Life Insurance - Total Investment Income (THB Billion), 2012- 2017
Figure 38: Thai Life Insurance - Retentions (THB Billion), 2008- 2012
Figure 39: Thai Life Insurance - Retentions (THB Billion), 2012- 2017
Figure 40: Thai Life Insurance - Investment Portfolio (THB Billion), 2008- 2012
Figure 41: Thai Life Insurance - Investment Portfolio, 2008 and 2012
Figure 42: Thai Life Insurance - Penetration (%), 2008- 2012
Figure 43: Thai Life Insurance - Density (Number of Policies Per Capita), 2008- 2012
Figure 44: Thai Life Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 45: Thai Life Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 46: Thai Life Insurance - Premium Per Capita (THB), 2008- 2012
Figure 47: Thai Individual Life Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 48: Thai Individual Life Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 49: Thai Individual Life Insurance - Written Premium (THB Billion), 2008- 2012
Figure 50: Thai Individual Life Insurance - Written Premium (THB Billion), 2012- 2017
Figure 51: Thai Individual Supplementary Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 52: Thai Individual Supplementary Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 53: Thai Individual Supplementary Insurance - Written Premium (THB Billion), 2008- 2012
Figure 54: Thai Individual Supplementary Insurance - Written Premium (THB Billion), 2012- 2017
Figure 55: Thai Group Life Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 56: Thai Group Life Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 57: Thai Group Life Insurance - Written Premium (THB Billion), 2008- 2012
Figure 58: Thai Group Life Insurance - Written Premium (THB Billion), 2012- 2017
Figure 59: Thai Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 60: Thai Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 61: Thai Individual Single-Premium Insurance - Written Premium (THB Billion), 2008- 2012
Figure 62: Thai Individual Single-Premium Insurance - Written Premium (THB Billion), 2012- 2017
Figure 63: Thai Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 64: Thai Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 65: Thai Individual Non-Single-Premium Insurance - Written Premium (THB Billion), 2008- 2012
Figure 66: Thai Individual Non-Single-Premium Insurance - Written Premium, (THB Billion), 2012- 2017
Figure 67: Thai Group Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 68: Thai Group Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 69: Thai Group Single-Premium Insurance - Written Premium (THB Billion), 2008- 2012
Figure 70: Thai Group Single-Premium Insurance - Written Premium (THB Billion), 2012- 2017
Figure 71: Thai Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2008- 2012
Figure 72: Thai Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2012- 2017
Figure 73: Thai Group Non-Single-Premium Insurance - Written Premium (THB Billion), 2008- 2012
Figure 74: Thai Group Non-Single-Premium Insurance - Written Premium (THB Billion), 2012- 2017
Figure 75: Thai Life Insurance - New Business Written Premium by Distribution Channel (% Share), 2012 and 2017
Figure 76: Thai Life Insurance - Direct Marketing Commission Paid (THB Billion), 2008- 2012
Figure 77: Thai Life Insurance - Direct Marketing Commission Paid (THB Billion), 2012- 2017
Figure 78: Thai Life Insurance - New Business Written Premium Through Direct Marketing (THB Billion), 2008- 2012
Figure 79: Thai Life Insurance - New Business Written Premium Through Direct Marketing (THB Billion), 2012- 2017
Figure 80: Thai Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2008- 2012
Figure 81: Thai Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2012- 2017
Figure 82: Thai Life Insurance - Number of Direct Marketing Distributors, 2008- 2012
Figure 83: Thai Life Insurance - Number of Direct Marketing Distributors, 2012- 2017
Figure 84: Thai Life Insurance - Bancassurance Commission Paid (THB Billion), 2008- 2012
Figure 85: Thai Life Insurance - Bancassurance Commission Paid (THB Billion), 2012- 2017
Figure 86: Thai Life Insurance - New Business Written Premium Through Bancassurance (THB Billion), 2008- 2012
Figure 87: Thai Life Insurance - New Business Written Premium Through Bancassurance (THB Billion), 2012- 2017
Figure 88: Thai Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2008- 2012
Figure 89: Thai Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2012- 2017
Figure 90: Thai Life Insurance - Number of Bancassurance Distributors, 2008- 2012
Figure 91: Thai Life Insurance - Number of Bancassurance Distributors, 2012- 2017
Figure 92: Thai Life Insurance - Commission Paid to Agencies (THB Billion), 2008- 2012
Figure 93: Thai Life Insurance - Commission Paid to Agencies (THB Billion), 2012- 2017
Figure 94: Thai Life Insurance - New Business Written Premium Through Agencies (THB Billion), 2008- 2012
Figure 95: Thai Life Insurance - New Business Written Premium Through Agencies (THB Billion), 2012- 2017
Figure 96: Thai Life Insurance - New Policies Sold Through Agencies (Thousand), 2008- 2012
Figure 97: Thai Life Insurance - New Policies Sold Through Agencies (Thousand), 2012- 2017
Figure 98: Thai Life Insurance - Number of Agencies, 2008- 2012
Figure 99: Thai Life Insurance - Number of Agencies, 2012- 2017
Figure 100: Thai Life Insurance - E-Commerce Commission Paid (THB Billion), 2008- 2012
Figure 101: Thai Life Insurance - E-Commerce Commission Paid (THB Billion), 2012- 2017
Figure 102: Thai Life Insurance - New Business Written Premium Through E-Commerce (THB Billion), 2008- 2012
Figure 103: Thai Life Insurance - New Business Written Premium Through E-Commerce (THB Billion), 2012- 2017
Figure 104: Thai Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2008- 2012
Figure 105: Thai Life Insurance - New Policies Sold Through E-Commerce (Thousand), 2012- 2017
Figure 106: Thai Life Insurance - Number of E-Commerce Distributors, 2008- 2012
Figure 107: Thai Life Insurance - Number of E-Commerce Distributors, 2012- 2017
Figure 108: Thai Life Insurance - Commission Paid to Brokers (THB Billion), 2008- 2012
Figure 109: Thai Life Insurance - Commission Paid to Brokers (THB Billion), 2012- 2017
Figure 110: Thai Life Insurance - New Business Written Premium Through Brokers (THB Billion), 2008- 2012
Figure 111: Thai Life Insurance - New Business Written Premium Through Brokers (THB Billion), 2012- 2017
Figure 112: Thai Life Insurance - New Policies Sold Through Brokers (Thousand), 2008- 2012
Figure 113: Thai Life Insurance - New Policies Sold Through Brokers (Thousand), 2012- 2017
Figure 114: Thai Life Insurance - Number of Brokers, 2008- 2012
Figure 115: Thai Life Insurance - Number of Brokers, 2012- 2017
Figure 116: Thai Life Insurance - Commission Paid to Other Channels (THB Billion), 2008- 2012
Figure 117: Thai Life Insurance - Commission Paid to Other Channels (THB Billion), 2012- 2017
Figure 118: Thai Life Insurance - New Business Written Premium Through Other Channels (THB Billion), 2008- 2012
Figure 119: Thai Life Insurance - New Business Written Premium Through Other Channels (THB Billion), 2012- 2017
Figure 120: Thai Life Insurance - New Policies Sold Through Other Channels (Thousand), 2008- 2012
Figure 121: Thai Life Insurance - New Policies Sold Through Other Channels (Thousand), 2012- 2017
Figure 122: Thai Life Insurance - Number of Distributors in Other Channels, 2008- 2012
Figure 123: Thai Life Insurance - Number of Distributors in Other Channels, 2012- 2017
Figure 124: Thai Life Insurance - Porter’s Five Forces Analysis
Figure 125: Thai Premium Ceded to Reinsurance by Category (THB Billion), 2008- 2017
Figure 126: Thai Premium Ceded to Reinsurance by Category (% Share), 2012 and 2017
Figure 127: Thai Reinsurance - Dynamics by Category, 2008- 2017
Figure 128: Thai Premium Ceded to Reinsurance by Type of Insurance (THB Billion), 2008- 2017
Figure 129: Thai Reinsurance - Dynamics by Type of Insurance, 2008- 2017
Figure 130: Thai Life Insurance - Percentage of Reinsurance Ceded (%), 2008- 2012
Figure 131: Thai Life Insurance - Percentage of Reinsurance Ceded (%), 2012- 2017
Figure 132: Thailand - Insurance Regulatory Frameworks
Figure 133: Thailand - Insurance Supervision and Control at Various Levels
Figure 134: Thailand - Insurance Regulatory Frameworks for Company Registration and Operation
Figure 135: Thai Life Insurance Segment Shares (%), 2011
Figure 136: Thai Gross Written Premium - Top Five Life Insurers, 2011
Figure 137: Thai Stock Exchange Market Capitalization (US$ Billion), 2008- 2012
Figure 138: Thai GDP at Constant Prices (US$ Billion), 2008- 2012
Figure 139: Thai GDP Per Capita at Constant Prices (US$), 2008- 2012
Figure 140: Thai GDP at Current Prices (US$ Billion), 2008- 2012
Figure 141: Thai GDP Per Capita at Current Prices (US$), 2008- 2012
Figure 142: Thai GDP by Key Segments (%) 2007 and 2011
Figure 143: Thai Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices (US$ Billion), 2007- 2011
Figure 144: Thai Agriculture, Hunting, Forestry and Fishing Net Output at Current Prices as Percentage of GDP (%), 2007- 2011
Figure 145: Thai Manufacturing Net Output at Current Prices (US$ Billion), 2007- 2011
Figure 146: Thai Manufacturing Net Output at Current Prices as Percentage of GDP (%), 2007- 2011
Figure 147: Thai Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007- 2011
Figure 148: Thai Mining, Manufacturing and Utilities Net Output at Current Prices as Percentage of GDP (%), 2007- 2011
Figure 149: Thai Construction Net Output at Current Prices (US$ Billion), 2007- 2011
Figure 150: Thai Construction Output at Current Prices as a Percentage of GDP (%), 2007- 2011
Figure 151: Thai Inflation Rate (%), 2008- 2012
Figure 152: Thai Exports as Percentage of GDP (%), 2007- 2011
Figure 153: Thai Imports as Percentage of GDP (%), 2007- 2011
Figure 154: Thai Exports Growth (%), 2007- 2011
Figure 155: Thai Imports Growth (%), 2007- 2011
Figure 156: Thai Annual Average Exchange Rate US$- THB, 2007- 2011
Figure 157: Thai Commercial Vehicles Exports - Total Value (US$ Billion), 2007- 2011
Figure 158: Thai Commercial Vehicles Imports - Total Value (US$ Billion), 2007- 2011
Figure 159: Thai Automotive Exports - Total Value (US$ Million), 2007- 2011
Figure 160: Thai Automotive Imports - Total Value (US$ Million), 2007- 2011
Figure 161: Thai Internet Subscribers (Millions), 2007- 2011
Figure 162: Thai Size of Labor Force in 15- 59 Age Group (Million), 2007- 2011
Figure 163: Thai Gross National Disposable Income (US$ Billion), 2007- 2011
Figure 164: Thai Total Population (Million), 2008- 2012
Figure 165: Thai Urban and Rural Populations (%), 2008- 2012
Figure 166: Thai Population Distribution by Age (%), 2008- 2012

- AIA Insurance Thailand
- Ayudhya Allianz CP Life Public Company Ltd
- Bangkok Life Assurance Ltd
- ING Life Ltd
- Krungthai-Axa Life Insurance Public Company Ltd
- Muang Thai Life Assurance Company Ltd
- Ocean Life Insurance Company Ltd
- SCB Life Assurance Public Company Ltd
- Thai Life Insurance Co., Ltd
- Thanachart Life Assurance Company Ltd

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