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1、 Insurance Outlook 2021-2022 14th Edition Insurance Outlook 2021-2022 Baker McKenzie i Table of contents Editorial note.2 Our Asia Pacific Insurance Blog and toolkits.4 Our tailored,multi-jurisdiction products.4 Covid-19 pandemic.6 Introduction.6 Challenges arising as a result of the COVID situation

2、.6 Impact.6 Recent developments.7 Rehabilitation.7 Conclusion.8 Industry overview.10 Overview of the life insurance industry in 2021.10 Overview of the non-life insurance industry in 2021.10 Insurance.12 Performance of life insurance companies in 2021.12 Performance of non-life insurance companies i

3、n 2020 and 2021:.15 Distribution channels outlook.20 Distribution channels life insurance.20 Distribution channels non-life insurance.21 Key market update.24 OIC digital transformation project.24 Market consolidation.24 Trends in compliance with environmental,social,and governance practices.24 Elect

4、ric vehicles.24 Insurance Development Plan No.4.25 Future Health Insurance Act.25 New business models.25 M&A movements and the opportunity to increase foreign shareholding.28 M&A and deals updates.28 Opportunity to increase foreign shareholding.28 Competition law and insurance merger control.32 Over

5、view.32 Thai competition authority rebrands from OTCC to TCCT.32 TCCT updates post-closing mergers notification form.32 Baker McKenzie ii Continued enforcement by the TCCT,and law review.32 Corporate governance.35 InsurTech.38 Innovation and the new insurance development plan.38 General insurtech de

6、velopments and usages.38 Regulatory approaches.39 The Insurance Regulatory Sandbox 2021.40 Key points in the regulation.40 OIC sub-regulation on the insurance regulatory sandbox.40 Product innovation and tailor-made sandbox.41 Impact of technology.41 Technology trends and benefits.42 Big data.43 Art