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



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 www3.ambest.com/bestweek/purchase.asp?record_code=209527 : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .


Founded in 1899, A.M. Best Company is the world's oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .

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

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A.M. Best Co.Moungmo Lee, +852-2827-3402General
Manager moungmo.lee@ambest.com : mailto:moungmo.lee@ambest.com orRachelle

Morrow, +(1) 908-439-2200, ext. 5378Senior Manager, Public
Relations rachelle.morrow@ambest.com : mailto:rachelle.morrow@ambest.com orJim

Peavy, +(1) 908-439-2200, ext. 5644Assistant Vice
President, Public Relations james.peavy@ambest.com : mailto:james.peavy@ambest.com

Author:
Hossam Abdel-Kader
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