By Darana Chudasri, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Jul. 5--The state-promoted low-cost insurance programme could add around five billion to 10 billion baht in premium income to Thailand's non-life insurance business.
The non-life insurance industry had earlier estimated premiums of 67 billion baht this year.
But state initiatives aimed at extending coverage to lower-income groups are expected to boost revenues for the industry overall.
The increase will eventually force insurers to set aside higher reser