Thailand in focus - What's new in Non-Life August 2022
The latest on Thailand non-life insurance: Premiums rise 2.3% 1Q versus the same period in 2021, while net loss ratio increases to 156.4%, up from 57.3%.
In this e-Alert, we share the set-up and benefits of reinsurance sidecars, which are commonly used in the U.S. property and casualty market. Sidecars are formed by an insurer with support of third-party investors infusing capital and, in some cases, providing services such as asset management. Currently, sidecars haven’t become a common tool of life insurance companies in Asia. We highlight key reasons they could become an option for some lines of Asian life insurance, with a particular focus on Hong Kong and Singapore.
Sidecar for life insurance business in Asia - A solution to unleash the potential of your business
In this e-Alert, we share the set-up and benefits of sidecars and highlight key reasons why they could become an option for some lines of Asian life insurance.