Thai insurers 'will need help' amid rule changes
Proposed tightening of regulations around risk-based capital means insurers will need to think more about risk and reward, presenting asset managers with opportunities, a forum hears.
Thai insurers need to be more aware of equity market risks as their regulator moves to tighten risk-based capital rules, although this will present asset managers with opportunities, an AsianInvestor forum heard.
With non-life insurers in the country allocating up to 60% of assets to equities, a stock market crash would hurt them badly, stated Paul Melody, director of consultancy Towers Watson's life insurance practice. It comes as the Thai insurance regulator looks to tig…
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