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Search Result for “Drought”

Showing 1 - 5 of 5

BUSINESS

Crop loss claims skyrocketing

Business, Darana Chudasri, Published on 16/12/2019

» Crop insurance premiums are likely to increase next year, with the claims loss ratio hitting 200% as a result of natural disasters throughout this year.

BUSINESS

A starchy safety net

Business, Darana Chudasri, Published on 15/10/2019

» The stage is set for practical risk management for grassroots farmers, who chance natural disasters ruining crops every year, through a micro-insurance policy for rice harvests, a flagship Thai commodity.

BUSINESS

World Bank joins ranks of GDP naysayers

Business, Darana Chudasri, Published on 11/10/2019

» Thailand's GDP growth is expected to be below 3% this year and next, with flagging exports, shrinking farm income and lower Chinese tourist arrivals the main drags on growth momentum, the World Bank says.

BUSINESS

BKI adopting data analysis system to adjust premiums

Business, Darana Chudasri, Published on 20/08/2019

» Bangkok Insurance plans to implement an analytical system and adjust insurance premiums for high-risk segments to maintain profit generation and achieve a policy renewal rate of 85% this year.

BUSINESS

Longan approved as newest insured commodity

Business, Darana Chudasri, Published on 15/02/2019

» Crop insurance for longan, the country's third agricultural insurance after rice and dairy cattle, was launched yesterday, with corn likely to be the next product, according to the Office of Insurance Commission (OIC) chief.