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BUSINESS

Covid-19 lump sum policies to cease

Business, Darana Chudasri, Published on 24/03/2020

» Several insurance companies and brokers have stopped selling Covid-19 insurance lump-sum payout policies, while some have adjusted claim benefits to prevent policyholders' moral hazard problem and underwriting risks.

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BUSINESS

Pace plans restructuring of Dean & DeLuca to stem losses

Business, Darana Chudasri, Published on 19/07/2019

» SET-listed Pace Development Corporation Plc, the Bangkok-based owner of Dean & DeLuca, is set to revamp the ailing gourmet grocer business by splitting operations in Asia and the US for business restructuring.