For this issue of our Thailand non-life insurance market newsletter, we cover performance for all of 2024, and developments for the second half of the year. Overall, direct premiums rose 0.5% in 2024 compared with 2023. In the third quarter, the underwriting profit for the market fell 30%, versus the same period a year earlier. Our review includes detailed commentary in the following areas:

• Market performance
• New products
• Distribution channels
• Other insurer intiatives
• Key appointments
• Government schemes
• Mergers and acquisitions
• Regulatory updates and initiatives