Group expects non-life sector to maintain growthListen to this articleTGIA president Somporn SuebthawilkulThe non-life insurance industry is projected to maintain steady growth in 2026, with written premiums surging 2.5-3.5% to 303 billion baht despite rising risks from climate change, technology disruption and global economic uncertainties, says the Thai General Insurance Association (TGIA). TGIA president Somporn Suebthawilkul said the sector posted direct written premiums of 215 billion baht in the first nine months of this year, up 2.89% year-on-year. "Although 2025 has been marked by multiple risk factors, including natural disasters, accident-related losses and economic volatility, the non-life insurance industry has remained resilient and adaptive," Mr Somporn said. Amid increasingly volatile risk conditions, the non-life insurance industry is reinforcing its long-term resilience through catastrophe risk modelling, more efficient reinsurance programmes and closer public-private cooperation to stabilise the health insurance system and manage medical inflation. These strategic adjustments are essential to ensuring the sustainable growth and financial stability of Thailand's non-life insurance industry in an era of heightened and evolving risks, said Mr Somporn.

Source: Bangkok Post December 24, 2025 00:20 UTC