Thailand's insurance industry ran ~THB 930B total premium in 2024 (life ~THB 640B, non-life ~THB 290B); 5.1% of GDP. Listed: Thai Life (SET: TLI, THB 90-95B premium), Bangkok Life (SET: BLA), Bangkok Insurance (SET: BKI), Dhipaya Group (SET: TIPH, non-life leader), Thaivivat (SET: TVI). Bank-JV: Muang Thai Life (KBANK × Ageas × TCC), Allianz Ayudhya (Allianz SE × BAY), Krungthai-AXA (KTB × AXA), FWD Thailand (post-2019 SCB Life merger). Foreign-parent: AIA Thailand (new-business leader), Prudential, Tokio Marine. Private: Viriyah (motor leader). OIC RBC2, IFRS 17 2025, health-insurance reform shape 2026-2028 outlook.

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Atlas actors in this figure's reports

Profiles covered in the report that cite this number.

AIA Thailand

Thailand's new-business life leader; agency, KBANK bancassurance; AIA Group HK-listed parent.

Allianz Ayudhya

Krungsri bancassurance insurer — Allianz SE × BAY JV; top-five life, top-five non-life; dominant BAY-channel product distribution.

Bangkok Insurance

Listed non-life insurer; Sophonpanich-family linked; FY2024 gross premium ~THB 27-30B.

Bangkok Life Assurance

Listed life insurer riding Bangkok Bank's bancassurance channel; FY2024 total premium ~THB 44-48B.

Dhipaya Group Holdings

Thailand's largest non-life insurer (Dhipaya / TIP); FY2024 gross premium ~THB 37-40B; listed 2022 as holding.

FWD Thailand

FWD Group Thailand — post-2019 SCB Life acquisition; SCB bancassurance; HK-listed parent.

Life insurance premium

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Related figures

Total insurance premium

Non-life insurance premium

AIA Thailand new business

Muang Thai Life total premium

Dhipaya gross premium

Insurance penetration / GDP

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Atlas actors in this figure's reports

Time scope	FY2024
Sources	OIC premium segment data
Basis	Primary source
Confidence	Primary source