Insurance Statistics
presented in this chapter were obtained from Department of Insurance,
Office of Insurance Commission, Ministry of Commerce. The data were about Life Insurance and
Insurance for Disasters
.
Life insurance refers to that the insurance company agreed to pay an amount of money to the
beneficiary or the insured for their death or alive within the period of time stated in the insurance
policy provided that the insured agreed to pay insurance fee to the insurance company.
Life insurance in Thailand is categorized into
3
types: common life insurance, industrial
insurance and group insurance.
Insurance for disasters was the agreement between the insurer and the insured that the insurer
agreed to pay an amount of money or other compensation to the insured in case the disasters stated in
the insurance policy occurred, provided that the insured agree to pay insurance fee to the Insurer.
Insurance for disasters in Thailand were categorized into
4
types
:
Fire Insurance, Marine and
Transportation Insurance, Car Insurance, and Miscellaneous Insurance.
The co-operative statistics
of Thailand were obtained from the Co-operatives Promotion
Department, Ministry of Agriculture and Co-operatives. Its objective is to assemble and process data of
all types of co-operatives and their membership on the first of January in each year. Statistical
compilation also have been coordinated and checked the completion with the central co-operatives
offices concerned. Co-operatives presented in this publication have included all liquidated co-operatives
societies
.
Money, Finance, Insurance and Balance of Payments Statistics
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