New Insurance research report from Timetric is now available from Fast Market Research

Boston, MA -- (SBWire) -- 01/08/2014 --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.

Key Highlights

- Thailand's reinsurance segment is dominated by foreign reinsurers
- The Thai insurance regulator has made the implementation of a risk-based capital framework mandatory for Thai insurers
- The non-life segment accounted for the highest percentage of premium ceded in the industry during the review period
- 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

View Full Report Details and Table of Contents

Scope

This report provides a comprehensive analysis of the reinsurance segment in Thailand:

- It provides historical values for Thailand's reinsurance segment for the report's 2008-2012 review period and forecast figures for the 2012-2017 forecast period
- It offers a detailed analysis of the key sub-segments in Thailand's reinsurance segment, along with market forecasts until 2017
- It provides a detailed analysis of the reinsurance ceded from various direct insurance segments in Thailand and its growth prospects

Reasons to Get This Report

- Make strategic business decisions using in depth historic and forecast market data related to the Thai reinsurance segment and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Thai reinsurance segment
- Identify the growth opportunities and market dynamics within key product categories
- Gain insights into key regulations governing the Thai insurance industry and its impact on companies and the market's future

Companies Mentioned in this Report: Thai Reinsurance Public Co., Ltd

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