About Aon in Thailand
Aon began Thai operations more than 30 years ago. Through local companies, we provide a full range of services for risk management, insurance brokering, reinsurance and employee-benefits consultation. To develop international investment in Thailand, we have a special unit focusing on the needs of global and large enterprises requiring dedicated risk-management services.
Noteworthy facts about the Thai insurance market:
- Some insurance lines still have tariffs
- Non-Admitted insurance is prohibited
- Insurance is compulsory for Motor-Vehicle Third Party and Workmen's Compensation
- Reinsurance
- mandatory cessions of 5%
- fronting costs of approximately 5% - 10%