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Monday, April 29, 2024

Insurance foresees 5-6% growth next year

Premiums could reach B303bn

Visitors check out insurance products at AXA Insurance’s booth at an expo. 

The insurance industry is projected to expand 5-6% in 2024 with premiums of 301-303 billion baht thanks to the high growth of electric vehicle (EV) and health insurance, says the Thai General Insurance Association (TGIA).

TGIA president Somporn Suebthawilkul said premiums tallying 210 billion baht are estimated for…

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