Insurance and Risk Finance for Thailand: A Roadmap

Insurance and Risk Finance for Thailand: A Roadmap
January 20, 2025
The Roadmap on Insurance and Risk Finance is conducted as part of the Insurance and Risk Finance Facility(IRFF) initiative in Thailand to outline the primary objectives to set the stage for the future development of the national strategy on risk financing and insurance in order to support long-term transformational change in insurance markets that would contribute to Thailand’s resilient and sustainable development.
Under a tripartite agreement among UNDP, the German Federal Ministry for Economic Cooperation and Development and the Insurance Development Forum, UNDP is collaborating with the Ministry of Finance, the National Economic and Social Development Council, the Department of Disaster Prevention and Mitigation, the Office of Insurance Commission, the Thai General Insurance Association, and insurance industry members of the IDF on the IRFF initiative to safeguard the progress towards the achievement of the SDGs and promote the development of innovative insurance products and services for vulnerable people and communities, while investing in the long-term transformation of insurance markets.