Showing 1 - 4 of 4
Floodwaters recede
Business, Charoen Kittikanya, Published on 22/03/2013
» More than a year after devastating floods in late 2011 that cost more than US$10 billion in insurance losses and $40 billion in overall losses, Thailand's insurance market has recovered, with foreign reinsurers willing to accept more flood peril risk.
Muang Thai braces for first-ever net loss
Business, Charoen Kittikanya, Published on 26/10/2012
» The SET-listed Muang Thai Insurance (MTI) expects its first-ever net loss this year after its bottom line was hit hard by significant claims stemming from the flood crisis in last year's fourth quarter.
Thai Re forecasts another loss this year
Business, Charoen Kittikanya, Published on 16/03/2012
» Thai Reinsurance Plc (Thai Re) expects it will take until next year for its operating results to return to black after suffering heavy losses from the devastating floods late last year.
Paradigm shift for insurance
Business, Charoen Kittikanya, Published on 04/01/2012
» The country's recent flood crisis will result in a game change in the year to come for the local insurance industry, especially the general insurance segment.