The Thai General Insurance Association (TGIA), together with the Thai Insurance Brokers Association (TIBA), is hosting the "Thailand Reinsurance Conference (TRC) 2025" for the first time in Thailand, with more than 800 participants from 24 countries across 4 continents and partners from over 37 reinsurance companies and insurance broker firms. This marks a historic international platform on "reinsurance" for Thailand, aiming to build a collaborative network among reinsurers, reinsurance brokers, and insurance companies worldwide, thereby elevating Thailand to become the true hub for insurance and reinsurance in the ASEAN region. The opening ceremony is honored by Dr. Benjarong Suwankiri Vice Minister for Finance, who will preside over the event, with a special address by Mr. Chuchatr Pramoolpol, Secretary-General of the Office of Insurance Commission. In addition, speakers from Thailand and abroad will deliver more than 12 sessions. The conference will be held from 30 October to 1 November 2025 (B.E. 2568) at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.
Dr. Somporn Suebthawilkul, President of the Thai General Insurance Association, said that the "Thailand Reinsurance Conference 2025" or "TRC 2025" marks a historic milestone for Thailand's insurance industry, as it is the first time that Thailand has officially hosted an international forum on reinsuranceWith more than 800 participants from 24 countries across 4 continents, the conference will be held every two years to create an international platform that enables reinsurers and reinsurance brokers from around the world to gain direct access to in-depth information on Thailand's insurance market and the ASEAN region. It will also serve as a channel for domestic insurance companies to exchange knowledge, build networks, and expand business cooperation effectively, thereby driving Thailand to become a true linkage point for insurance markets in the region and globally.
The concept for organizing the TRC began in 2024 (B.E. 2567), when the Thai General Insurance Association recognized the need to elevate the country's insurance industry to international standards and therefore initiated the idea of creating an international forum that would enable reinsurers and reinsurance brokers from around the world to gain a close, first-hand understanding of Thailand and ASEAN insurance markets, while also providing a platform for Thai insurers to exchange views, strengthen cooperation, and develop capabilities with international partners, with the aim of firmly and sustainably advancing Thailand to become the ASEAN Regional Hub for Insurance and Reinsurance.
The Association is committed to establishing a platform that showcases the potential of Thailand's insurance market at the regional level and genuinely connects it with the world. In 2024 (B.E. 2567), Thailand recorded total reinsurance premiums of 91,500 million THB, a key indicator of the growth and strength of Thailand's insurance system. In 2025 (B.E. 2568), amid a cautiously recovering economy and pressures from global factorsincluding monetary policy, trade, and geopolitical uncertaintyThailand's non-life insurance industry continues to operate with stability, maintaining liquidity and confidence, which signals the ongoing development of Thailand's insurance system toward greater resilience and sustainability in all dimensions.
Furthermore, in 2023-2024 (B.E. 2566-2567), Thailand faced several major disasters, including severe flooding across 37 provinces caused by Tropical Storm Kajiki that damaged agriculture and property; a magnitude 8.2 earthquake in Myanmar that had widespread impacts on Thailand; and cyber threats that increased by more than 40% over the past six months. These events underscore that disasters are no longer confined to specific areas but constitute a "systemic risk" affecting the entire country, and they serve as a test of how prepared Thailand's financial and insurance systems are to cope with the "permanent uncertainty" arising from climate change and technology.
However, Thailand's non-life insurance industry has been working continuously with both the public and private sectors to manage disaster risks, including advancing the development of crop insurance to support farmers nationwidereflecting the power of the "reinsurance system" that underpins the stability of the entire ecosystem. Reinsurance thus serves as a "Mechanism of Stability," enabling Thailand's insurance system to withstand volatility from natural disasters, economic crises, or threats in the digital era, while acting as a key driver of sustainable industry growthby increasing underwriting capacity, strengthening capital adequacy, developing catastrophe risk models, and accessing global innovations. It may therefore be said that "reinsurance is the mechanism of stability and the heart of sustainability," allowing Thailand's insurance system to stand firm amid change and challenges in every dimension.
Amid global currents of change and the government's economic-stimulus policies, the insurance industry must move forward together to elevate the reinsurance system so that it grows in line with the direction of the country and the region; and with the support of more than 37 partner organizations, the convening of TRC 2025 thus marks "an important starting point on the path to becoming the ASEAN regional hub for insurance and reinsurance."
The Thailand Reinsurance Conference (TRC) 2025 is therefore a vital platform for experience-sharing among regulators, the private sector, and global partners, opening the door to boundless business opportunities and jointly charting new approaches to strengthening "Catastrophe Resilience" and developing "Parametric Insurance" for Thailand, while advancing ESG principles to become part of every insurer's DNA. This marks another significant step for Thailand's insurance industry, demonstrating the country's potential and readiness to serve as a hub for cooperation in insurance and reinsurance at both the regional and global levels, reflecting Thailand's role as a leading nation poised to drive the industry toward future stability and sustainability.
The Thai General Insurance Association would like to thank all sectorsthe public sector, the private sector, and industry partners from around the worldfor joining as part of the "Thailand Reinsurance Conference 2025" to jointly set a new course for Thailand's insurance industry toward a future that is stable, sustainable, and full of opportunities, while continuing the mission to strengthen the country's insurance system and to elevate Thailand to truly become the ASEAN region's hub for reinsurance.