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The insurance industry in Thailand is seeing comprehensive developments that will impact business dramatically. Implementation of the Insurance Development Plan Volume 3 for 2016-2020 has produced structural transformation necessitating redefinition of the roles of both regulators and players. The apparent slow growth of the industry is due to this essential process of redefinition, which will produce significant changes in the future. This will hopefully enhance Thailand’s prime position in the ASEAN market.

Our team of insurance law experts at Baker McKenzie Bangkok maintains active dialogue with Thailand’s domestic and international insurance companies, regulatory bodies, insurance brokers, actuarial research institutes, and international investors. The portfolio of insurance services we offer (encompassing corporate/M&A, regulatory and litigation/claims) leads the market in both breadth of scope and depth of expertise. We hope you find this guide enlightening and look forward to furthering our key role within the Thai insurance industry.

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