TGIA sees stronger growth next year

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The story "TGIA sees stronger growth next year" was covered 14 hours ago by Bangkok Post, a news publisher based in Thailand.

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Bangkok Post 14h ago

TGIA sees stronger growth next year - Bangkok Post

Quick Summary:

The insurance industry is projected to grow by 1.5-2.5% next year to achieve total premiums of around 291-294 billion baht, supported by economic and tourism recovery, said the Thai General Insurance Association (TGIA).

By category, specific LR stood at 61.7% for motor insurance, 23.7% for fire insurance, 30% for marine insurance, 50.9% for miscellaneous insurance, 44% for all-risk insurance, 32% for legal liability, 48.8% for personal accident insurance, 65.5% for health insurance, 32.8% for travel insurance and 40.9% for other forms of insurance.

Marine and transportation insurance saw premiums decrease 2.1% to 5.2 billion baht due to lower export volumes.