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Search Result for “loss”

Showing 1 - 10 of 42

BUSINESS

Insurers brace for rise in Covid claims

Business, Darana Chudasri, Published on 26/07/2021

» Covid-19 insurers are preparing for an increase in claims as the number of new cases per day keeps setting records.

BUSINESS

Analysis consensus facing downgrade

Business, Darana Chudasri, Published on 14/07/2021

» Securities analysts have stated that analysis consensus for listed companies may be downgraded this year if the second-quarter operating results drop.

LIFE

Agency warns investors of DeFi risks, legal situation

Business, Darana Chudasri, Published on 13/07/2021

» The Thai Digital Asset Association warned investors about the risks of investing in DeFi and clarified that the association cannot serve as an intermediary in a legal dispute after Genesis, a decentralised platform (DeFi) platform, claimed the association will act as an intermediary for the indemnification for any damage caused by fraud.

BUSINESS

Covid claims snowball in last 45 days

Business, Darana Chudasri, Published on 07/07/2021

» Total claims for Covid insurance ballooned to 1.77 billion baht in the first half of the year from 588 million baht as of May 15, says the Office of the Insurance Commission (OIC) secretary-general Suthiphon Thaveechaiyagarn.

BUSINESS

TBMA eyes B1tn in corporate bond issuance for this year

Business, Darana Chudasri, Published on 23/06/2021

» The issuance of corporate bonds is expected to reach 1 trillion baht this year if the same growth rate continues in the second half, as businesses seek capital to weather a prospective global interest rate hike next year, says Thai Bond Market Association (TBMA) president Tada Phutthitada.

BUSINESS

SEC seeks to regulate decentralised finance

Business, Darana Chudasri, Published on 01/06/2021

» Activities related to decentralised finance (DeFi) projects which involve digital coin issuance may require a licence from the regulator in the near future, the Securities and Exchange Commission (SEC) announced.

BUSINESS

TQM posts dip in Covid insurance

Business, Darana Chudasri, Published on 12/05/2021

» TQM Corp's average daily sales for Covid-19 insurance dropped to about 10,000-20,000 policies in May, a level expected to continue until June as health concerns intensify amid the outbreak, says Napassanun Punnipa, TQM's chief executive.

BUSINESS

Covid claims projected to pass B500m

Business, Darana Chudasri, Published on 04/05/2021

» Total Covid-19 insurance claims since policies launched in March 2020 are expected to reach 500 million baht as of the end of April, spurred by a surge last month, says Anon Vangvasu, president of Thai General Insurance Association.

BUSINESS

Cryptocurrency draft draws flak

Business, Darana Chudasri, Published on 26/02/2021

» A draft of qualifications for cryptocurrency investment by the Securities and Exchange Commission (SEC) is sparking heavy criticism from the public as it effectively bars the majority of Thais from trading digital currency by requiring them to have annual income of 1 million baht.

BUSINESS

TGIA mulls launch of BI insurance policies

Business, Darana Chudasri, Published on 13/01/2021

» The Thai General Insurance Association (TGIA) is studying the feasibility of launching insurance for business interruptions (BI) caused by Covid-19 or other emerging diseases to allow businesses to be more resilient to future outbreak-related shutdowns.