Showing 1-10 of 42 results
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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.
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Price of coronavirus policies expected to fall 20%
Business, Darana Chudasri, Published on 11/01/2021
» The price of Covid-19 insurance is set to be reduced by 20% because of the low total claims last year, only 1.87% of total premiums, says Anon Vangvasu, president of the Thai General Insurance Association (TGIA).
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TIC targets online sales growth over three years
Business, Darana Chudasri, Published on 11/12/2020
» Thai Insurance (TIC), a non-life insurance business of Thai Group Holdings, set a target to grow its online insurance sales by 2.5 times in the next three years, driven by three strategies -- transform, innovate and expand -- says Mahatana Ampornpisit, the company's managing director.
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Mazars flags tourism-related closures
Business, Darana Chudasri, Published on 23/10/2020
» Business closures of companies related to tourism have doubled as a result of Covid-19, says Mazars Group, a French-based international tax, audit and advisory firm.
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FWD General Insurance taps digital trend
Business, Darana Chudasri, Published on 17/10/2020
» FWD General Insurance has launched its non-life insurance business in Thailand to capitalise on a segment forecast to reach 285.5 billion baht in value by 2023.
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CP's Ascend Money offers micro-credit
Business, Darana Chudasri, Published on 05/09/2020
» Ascend Money, the fintech arm of Ascend under CP Group, is jumping into micro-credit lending, offering loans of less than 10,000 baht to underserved customers who cannot access traditional loans, a market worth 5-10 billion baht.
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Digital future gives insurance new life
Business, Darana Chudasri, Published on 04/09/2020
» The pandemic has forced businesses across sectors to rapidly digitise as consumers are kept indoors because of government-mandated lockdowns or out of fear of contracting the coronavirus.
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Big projects face costlier reinsurance
Business, Darana Chudasri, Published on 02/09/2020
» Large construction projects in Thailand are potentially at risk for higher reinsurance premiums as global premiums on big developments soar.
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Shrinking car sales prompt Tokio Marine to cut forecast
Business, Darana Chudasri, Published on 26/08/2020
» Tokio Marine Safety Insurance Thailand, the country's fourth-largest non-life insurer, has revised down its target for gross written premium this year to 17 billion baht, citing lower sales of new cars.
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Thaire maintains 10% growth target
Business, Darana Chudasri, Published on 24/08/2020
» SET-listed Thaire Insurance, a local reinsurer, is maintaining its target of 10% annual revenue growth over the next three years, driven by growing public concern over health protection during the coronavirus pandemic.
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