Insurers face a raft of economic challengesListen to this articleCars that were submerged in flood water are seen at a Hat Yai car park in Songkhla province on Dec 4, 2025 as residents flock to file insurance claims. (Photo: Songkhla Public Relations Office)Unfavourable economic conditions, political instability, soaring medical costs and natural disaster risks are the top challenges facing insurance companies in Thailand, while the country's ageing society could support continued health insurance expansion. Guillaume Mirabaud, chief executive of AXA Insurance Thailand, said there are several challenges for 2026, with the top concern the economic context. On health insurance, the key challenge will be to keep medical costs under control, so that more people can access private insurance and be better protected. "Thailand has one of the oldest demographics in the world, with the trend likely to accelerate," said Mr Wilson.

Source: Bangkok Post January 01, 2026 22:53 UTC