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Reinsurance in Thailand, Key Trends and Opportunities to 2017

C&M: Thailand reinsurance industry


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2014-03-18 07:10:04 - Reinsurance in Thailand, Key Trends and Opportunities to 2017 - a new market research report on companiesandmarkets.com

Thailand´s reinsurance segment is dominated by foreign reinsurers. In terms of gross written premium, the segment grew at a review-period (2008−2012) CAGR of 2.3%. It is expected to grow at a forecast-period (2012−2017) CAGR of 2.8%.

During the review period, facultative reinsurance recorded a decline and went from accounting for 29% of the segment in 2008 to 19.9% in 2012. In contrast, treaty reinsurance recorded an increase from 71.0% in 2008 to 80.1% in 2012. This can be predominantly attributed to the 2011 floods.

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