Allianz Expects Life Insurance to be Growth Driver for Thailand’s Insurance Sector
Allianz expects the life insurance to be a growth driver for Thailand’s insurance sector over the next decade, averaging around 9.3% growth rate annually. Currently, life insurance makes up 70% of the total premium income in Thailand.
“Currently, life insurance makes up 70% of the total premium income in Thailand.”
Premium income reached 4.9% of GDP in 2016, putting Thailand on par with Germany with respect to insurance market penetration.
News Source: Asia Insurance Review
About Allianz
The Allianz Group is a global financial services provider with services predominantly in the insurance and asset management business. 86 million retail and corporate clients in more than 70 countries rely on our knowledge, global presence, financial strength and solidity. In fiscal year 2016 over 140,000 employees worldwide achieved total revenues of 122.4 billion euros and an operating profit of 10.8 billion euros. Allianz SE, the parent company, is headquartered in Munich, Germany.
- Origin: Munich, Germany
- Assets: EUR 848.9 billion
- Revenue: EUR 122.4 billion
- Employees: 142,697
Official Website: https://www.allianz.com/en/
News & Media: Press Release
Updated on 8th August 2016
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 10,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2023 Investment Day
- 28th March 2023 - Hong Kong
- 4th April 2023 - Singapore
- April 2023 - Virtual
- Sept 2023 - Hong Kong
- Oct 2023 - Singapore
- Oct 2023 - Hong Kong
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Investment Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit
Contact Us
For Enquiries, Membership mail@caproasia.com, angel@caproasia.com For Listing, Subscription mail@caproasia.com, claire@caproasia.com For Press Release, send to: press@caproasia.com For Events & Webinars events@caproasia.com For Media Kit, Advertising, Sponsorships, Partnerships angel@caproasia.com For Research, Data, Surveys, Reports research@caproasia.com For General Enquiries mail@caproasia.comMake Better Business & Investment Decisions
Sign Up / Register
