The Thailand Office of Insurance Commission has published annual January to December 2025 statistics for Thailand's life insurance sector, showing direct premiums rose 3.62% year on year to THB 676.4 billion and net profit increased 65.57% to THB 74.9 billion. The release also points to weaker policy volumes, with new policies down 16.31% to 2.64 million and in-force policies at 24.80 million at year-end, down 5.58% from the third quarter. Within premiums, first-year business rose 5.18% to THB 127.6 billion and renewal premiums 3.74% to THB 486.0 billion, while single premiums were broadly flat at THB 62.9 billion. Health riders grew 12.36% to THB 135.1 billion, unit-linked premiums 15.48% to THB 41.4 billion and annuity premiums 10.18% to THB 21.5 billion. The fall in policy counts was concentrated in group business, where new policies fell 74.92% and in-force policies fell 48.21% from the third quarter. Profit before tax rose 63.24% to THB 92.5 billion, while year-end investment assets stood at THB 4,494 billion, down 1.99% from the third quarter, with government bonds accounting for 61% of the portfolio and debentures 19%.
Thailand Office of Insurance Commission2026-05-19
Thailand Office of Insurance Commission publishes 2025 life insurance data showing direct premiums up 3.62% and net profit up 65.57%
The Thailand Office of Insurance Commission published 2025 life insurance statistics, reporting a 3.62% year-on-year increase in direct premiums to THB 676.4 billion and a 65.57% rise in net profit to THB 74.9 billion, despite weaker policy volumes. New policies fell 16.31% to 2.64 million and in-force policies declined 5.58% from the third quarter, driven by sharp reductions in group business, while investment assets decreased 1.99% to THB 4,494 billion, with government bonds and debentures at 61% and 19% of the portfolio.