This is expected to occur this year even despite the indication of a slowing economy. Though predictions are suggesting that the economy in Thailand will slow during the second half of the year, the Thai Life Assurance Association still believes that the life insurance market will continue its growth by about 17 percent in 2013. Insurers have been designing new products that are better suited to customer demand, allowing them to continue selling. According to the president of the association, Sara Lamsam, “The market growth follows the introduction by all…
Read MoreLife insurance industry in Thailand should grow 17 percent
