Thai Reinsurance Public Company LimitedTHRE
▲ PositiveDemandrelevance
Cabinet approval of national disaster insurance increases demand for reinsurance services.
The Cabinet has approved a national disaster insurance system covering 30 million households, with the government subsidizing premiums totaling 15.5 billion baht per year. The coverage amounts to 75 billion baht in damages annually. Analysts indicate that THRE and TQR will benefit, while banks and real estate sectors gain indirectly.
Thai Reinsurance Public Company LimitedCabinet approval of national disaster insurance increases demand for reinsurance services.
TQR Public Company LimitedCabinet approval of national disaster insurance increases demand for reinsurance services.