Country: Thailand Page 3 / 12
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- July 4 2023
Talanx-backed Roojai buys bolttech’s Thai non-life carrier
With the acquisition of FWD General Insurance, the Thailand-based insurtech becomes a full-stack player.
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- June 19 2023
Asian Re rating outlook positive as it lays out plan to improve underwriting results: AM Best
The rating agency affirmed B+ (good) rating and noted that the reinsurer's COR has improved to 103.3%.
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- March 28 2023
HDI International leads Thai insurtech Roojai’s US$42m fundraise
The funding, which also saw IFC invest, will support its expansion in Indonesia and the Philippines as well as M&A.
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- March 2 2023
HDI Global grows its Asean presence with Bangkok office
The new regional division will be led by Somchai Trongwisalpattana who joins HDI Global as marketing director.
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- February 24 2023
Axa continues pivot from nat cat reinsurance
Axa XL's property cat premiums fell 36% in FY 2022, while the French giant saw Asia P&C profits rise 34% to US$109m.
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- February 14 2023
Thai Re could tighten terms to limit underwriting losses: Fitch
Thai Reinsurance’s financial strength rating has been affirmed at 'A-' (strong) with a stable outlook.
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- February 6 2023
AM Best hands Bangkok Insurance B++ rating, withdraws after request
The Thai insurer has requested to no longer participate in AM Best’s rating process.
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- December 7 2022
Kroll snaps up energy sector valuation consultant AVC
AVC has operations in Thailand and offers technical claims support across APAC.
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- October 25 2022
Aon elevates William Pembroke to Thailand CEO
He replaces the broker's country leader of three decades Andrew Bentley, who moves to a senior consultant role.
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- October 5 2022
Axa XL enlists ex-Axis treaty underwriter in Singapore
Jessie Kuah to help look after the treaty portfolio in Malaysia, Singapore and Thailand.
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- August 3 2022
Non-motor lines bolster Axa’s H1 Asia P&C performance
The Asia arm comprises units across mainland China, Hong Kong, Thailand, Japan and South Korea.
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- August 2 2022
Asia political risk rates to rise as Ukraine crisis bites
Even fairly benign countries such as Indonesia, the Philippines and Thailand could see hikes of 15-20%.
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- July 26 2022
Infrastructure projects to spur Thailand’s GI market: GlobalData
Around US$37bn has been allocated by the government towards a smart city.
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- June 29 2022
Thailand’s new cannabis rules attract capacity
MGA Frontier sees D&O opportunity amid thousands of license applications to grow as a cash crop.
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- June 21 2022
WTW reinforces Thailand business with new country head
Tony Kantapasara to continue as leader for work and rewards in health, wealth and career business.
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- June 17 2022
Troubled Thai P&C player seeks turnaround after Covid claim spike
Sin Munkong Insurance is seeking the approval of a rescue plan.
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- May 19 2022
QBE and MS First Capital are liable for the BI claim from Phuket resort: report
This is believed to be the first such ruling on the interpretation of BI clauses in Singapore.
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- May 18 2022
Starr acquires FPG’s Thai operations
The firm will strengthen local product offerings with tailored commercial insurance and A&H cover.
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- April 11 2022
Marsh appoints CEO for Thailand
Current CEO Simon Cooling is relocating to Australia for a new client role with the broker.
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- April 4 2022
Thailand revokes licenses for two P&C players: report
The government is taking a more proactive approach to helping claims get paid.
