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A.M. Best Special Report: Thailand’s Flood-Stricken Non-Life Sector Moves Into New Regulatory Era

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© Business Wire 2013
2013-02-20 21:10:44 -

Regulatory reform and the 2011 floods continue to generate pressure for Thailand’s non-life insurance industry as it contends with uncertain loss development, stricter capital requirements and a stagnant investment market, according to a newly released report from A.M.
Best Co. Nevertheless, the industry sees the need for a stronger structure that will enhance its competitiveness within the upcoming Association of Southeast Asian Nations (ASEAN) free-trade agreement.
Thailand is positioning itself for a larger role in the region, given its proximity to the opening of Indochina markets in Myanmar, Laos and Cambodia.

For a full, complimentary copy of the report, please visit : .. .

Founded in 1899, A.M. Best Company is the world's oldest and most authoritative

insurance rating and information source. For more information, visit : .. .

Copyright © 2013 by A.M. Best Company, Inc. ALL RIGHTS RESERVED.

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