People learn more about insurance products at FWD’s booth at a recent edition of Money Expo. (Photo: Nutthawat Wicheanbut)
The Thai Life Assurance Association (TLAA) is targeting industry premium growth of 2-4% this year to 640-650 billion baht, with health insurance premiums expanding by double digits.
President Sara Lamsam, who is also president and chief executive of Muang Thai Life Assurance, said industry premiums totalled 633 billion baht in 2023, up 3.61% from a year earlier, with the top 10 companies having a combined market share of 92.5%.
Annual renewal premiums were 455 billion baht, an increase of 3.06%,…
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