Foreign insurers can now buy up to 100% of Thai insurers' shares following a decision from the Thailand Finance Minister.
The coming year looks set to be an exciting but challenging one for general insurers in Asia as strong growth continues in many markets across the region writes Nicky Burridge.
At least 25 people have died and 700,000 people have been affected by widespread floods in southern Thailand.
In the last financial year Australian-headquartered insurer IAG grew its gross written premiums in Asia, outside of China, 7.5% to A$757m (£582m).
Experts agree there are a host of insurance opportunities across Asean's fast growing markets.
Munich Re-owned insurer Ergo has agreed to buy a 40.3% stake in Thailand-based Thaisri Insurance for an undisclosed sum.
Global insurer Hiscox has decided to sell the Hong Kong division of Direct Asia to Well Link for an undisclosed sum.
Australian giant IAG is still counting the cost of the 2011 Christchurch earthquake and announced a 19.5% fall in profits for the first half of the 2015/16 financial year.
Swiss Re is predicting robust growth across Asia for general insurance over 2016 and 2017 despite economic headwinds.
Singaporeans favourite reason for going abroad is to go shopping according to research from AIG.
The real value of motor insurance markets in the UK and Italy are likely to decline over the next few years, as emerging Asian markets continue rapid expansion, according to Finaccord.
Ageas has sold its Hong Kong division to China's largest private equity firm JD Capital for HK$10.7bn (£895m).
Coastal risks are rising in Asia at a rapid rate according to new research.
Global loss adjuster Crawford has made two senior appointments in Asia as the firm's Singapore general manager Martin Allan leaves for QBE.
At least 20 people have died and over 100 have been injured following a bomb explosion yesterday in central Bangkok.
German insurer HDI Gerling and Thai company Bangkok Insurance have agreed pay-as-you-drive deals with telematics provider Scope Technologies.
Willis has appointed Miller's head of Asia Simon Weaver as CEO of its Singapore office and regional CEO for South East Asia.
The Hong Kong-headquartered broking group Alliance has received approval to launch its own insurance company in the third quarter of 2015.
Axa is expanding its investments in China, Hong Kong and Singapore as it targets 100 million customers by 2030.
Aon has identified the 10 countries where the vast majority of global terrorist attacks occur.
A 25 year-old Kuwaiti has died after his bungee jump in Phuket ended tragically on 20 May.
The CEO of Bangkok Insurance Chai Sophonpanich has warned that general insurance premiums will only expand by 5% this year as opposed to the target of 9%.
Financial comparison site Compare Asia Group is set to expand after it raised $40m (£26.6m).
Thailand's National Legislative Assembly will allow class action legal proceedings for the first time from December.