Thailand

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

General Insurance Association
Web: www.thaigia.com

 

POPULATION, 2011-2014 (1)

Year Population
2011 66,720,153
2012 67,091,089
2013 67,448,120
2014 67,741,401

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $570.1
2010 539.7
2011 580.3
2012 609.8
2013 674.3

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $6,663
Life premiums 14,798
Total premiums $21,461
Percent of total world premiums 0.46%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2014.

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LEADING NONLIFE INSURANCE COMPANIES, 2012

  Gross written premiums 
Company THB Mn USD Mn
Viriyah  27,981.4 917.7
Dhipaya  20,797.8 682.1
Bangkok Insurance  12,432.9 407.8
Syn Mun Kong  7,958.2 261.0
The Safety Insurance  7,890.5 258.8
Tokio Marine Sri Muang  7,190.8 235.8
Muang Thai Insurance Public  7,157.9 234.8
Thanachart  5,689.2 186.6
LMG  5,280.1 173.2
Mitsui Sumitomo  4,785.5 157.0

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2012

  Gross written premiums 
Company THB Mn USD Mn
AIA  102,206.2 3,288.2
Muang Thai Life  48,867.8 1,572.2
Thai Life Insurance  48,844.1 1,571.4
Siam Commercial New York Life  41,897.9 1,347.9
Bangkok Life  34,640.2 1,114.4
Krungthai AXA Life  28,923.7 930.5
Ayudhya Allianz CP  22,512.8 724.3
Ocean Life  14,473.2 465.6
ING Life  11,455.3 368.5
Thanachart Life  10,108.9 325.2

Source: Axco Insurance Information Services.

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