Thailand
Life insurance in Thailand set for record growth
Life insurance in Thailand is set to grow at a rapid rate of 10% a year over the next decade driven by an ageing population, according to Allianz.
Thai regulators continue to shape investment industry
A new mandatory provident scheme and stronger disclosure rules will impact asset and wealth managers, according to Kittikun Tanaratpattanakit, senior research analyst at Morningstar Thailand.
Thailand eases foreign ownership rules for life companies
Thailand has announced it will relax foreign ownership restrictions and board limits for life insurance companies in a bid to “promote stability” in the industry.
Canada’s Sun Life to expand into Singapore and Thailand
The Hong Kong arm of Canada’s Sun Life Financial plans to expand into Singapore and Thailand in a bid to widen the insurer’s presence in Asia, Reuters has reported.
LMIM investor group exploring UK legal options
An investors group for victims of the LM Investment Management collapse is looking at the feasibility of bringing legal action in England & Wales, as well as other jurisdictions.