Research and Markets: Personal Accident and Health Insurance in Thailand, Key Trends and Opportunities to 2018

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/4h4jdm/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in Thailand, Key Trends and Opportunities to 2018" report to their offering.

The report provides detailed analysis of the market trends, drivers, challenges in the Thai personal accident and health insurance segment. It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2009-2013) and forecast period (2013-2018). The report also analyzes distribution channels operating in the segment, and provides detailed information on the competitive landscape in the country.

The report brings together research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in regulatory structure.

Key Highlights

• The personal accident and health insurance segment is the smallest in Thailand's insurance industry in terms of gross written premium, accounting 14.4% of the gross written premium in 2013.
• During the review period, many insurers increasingly used agencies and brokers to increase their sales. In September 2013, Cigna Insurance (Thailand) made an agreement with leading Thai broker: Tesco Lotus, for the sale of personal accident insurance.
• Fraud and crime in the Thai personal accident and health insurance increased at a CAGR of 13.0% during the review period.
• The personal accident and health insurance segment is concentrated, with the 10 leading insurers accounting for 73.5% of the direct written premiums generated in 2013.

Reasons To Buy

• Make strategic business decisions using in-depth historic and forecast market data related to the Thai personal accident and health insurance segment and each category within it.
• Understand the demand-side dynamics, key market trends and growth opportunities in the Thai personal accident and health insurance segment.
• Assess the competitive dynamics in the personal accident and health insurance segment.
• Identify the growth opportunities and market dynamics in key product categories.
• Gain insights into key regulations governing the Thai insurance industry and their impact on companies and the industry's future.

Companies Mentioned

• AIA (Thailand)
• Ace INA Overseas Insurance
• Allianz Ayudhya Assurance
• Bangkok Insurance
• Bupa Health Insurance (Thailand)
• Cigna Insurance
• Dhipaya Insurance
• Muang Thai Life Assurance
• SCB Life Assurance
• Thai Life Insurance

For more information visit http://www.researchandmarkets.com/research/4h4jdm/personal_accident

View source version on businesswire.com: http://www.businesswire.com/news/home/20150522005298/en/

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Sector: Health Insurance

Source: Research and Markets