Syariah Spin-off Readiness Survey: Responses & Inferences
Insurers recognise opportunities in the Syariah market in Indonesia, but a majority still need to decide whether to spin-off or transfer portfolios.
For this issue of the Thailand non-life insurance market newsletter, we cover developments for the second half of 2021. Overall, direct premiums rose 5% compared with 2020, and all lines had strong growth, with health and marine experiencing double-digit increases. This review details:
Thailand in focus: What’s new in Non-Life, February 2022
Overall premiums for non-life insurance rise 5.2% year over year, while net loss ratio increases in the third quarter to 69.65%, up from 54.28% third quarter 2020.