2013 rosy for life insurance | Bangkok Post: business

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2013 rosy for life insurance

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The life insurance industry is poised for another healthy year after last year's robust 19.1% growth to 391 billion baht in gross premiums, says the Thai Life Assurance Association. 

President Sara Lamsam yesterday projected growth of 17.4% to 459 billion baht this year.

New business premiums will come in at an estimated 162 billion baht, up by 24.2% from last year, and renewal premiums at 297 billion baht, up by 13.9%, he said.

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