Survey of Thai Non-life Insurance Business
Unpredictable events are a simple fact of life. Risk influences every
life and business. We can’t eliminate risk, but we can manage and
mitigate it. We need a good risk management plan so our life or business
will have a good future. Insurance is an important part of the economy
because it develops and supports the economy and society.
The prospects for the Thai non-life insurance industry are bright because
we can expect both consolidation, which will increase the financial strength
of the industry and there is the opportunity for growth in excess of the
general Thai economy due to the low market penetration.
Services
Global Actuarial Consulting offers a wide range of professional services to enhance
our client’s professionalism and increase the chance of success
in a highly competitive market. Areas in which we can add value include:
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What is an actuary?
Actuaries are business professionals who manage and mitigate risks by
using statistics, mathematics, and general principles of economics and
finance more