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, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $8,400
Life premiums 13,297
Total premiums $21,696
Percent of total world premiums 0.45%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

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LEADING NONLIFE INSURANCE COMPANIES, 2014

  Gross written premiums
Company THB Mn USD Mn
Viriyah Insurance 33,376.2 1,027.6
Dhipaya Insurance 24,092.0 741.8
Bangkok Insurance 15,155.4 466.6
Muang Thai Insurance 10,028.1 308.8
Syn Mun Kong Insurance 9,603.8 295.7
Safety Insurance 8,516.0 262.2
Tokio Marine Insurance 7,411.8 228.2
Thanachart Insurance 5,894.0 181.5
Lmg Insurance 5,825.1 179.4
Mitsui Sumitomo Insurance 5,201.6 160.2

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

 

  Gross written premiums
Company THB Mn USD Mn
AIA 109,372.1 3,518.7
Muang Thai Life 60,249.4 1,938.3
Thai Life Insurance 55,030.9 1,770.5
SCB Life Assurance 45,486.5 1,463.4
Bangkok Life 39,079.2 1,257.3
Krungthai-AXA Life 37,730.0 1,213.8
Allianz Ayudhya Assurance 24,924.1 801.9
Ocean Life 13,333.0 429.0
FWD Life 13,149.7 423.1
Prudential Life 10,333.7 332.5

Source: Axco Insurance Information Services.

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