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Bangkok Post
Bangkok Post
Business

Incremental growth

The Thai Life Assurance Association projected the insurance industry would register 0-2% growth in gross written premiums this year, while first-year premiums are forecast to expand at a rate of 2-5%.

The local insurance industry posted continuous growth over the past decade, reflecting increasing consumer demand and awareness of the importance and benefits of insurance in protecting their well-being.

SINGLE-DIGIT GROWTH

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