Thai Reinsurance Public Company LimitedTHRE
▲ PositiveCapitalrelevance
CEO's confidence in continued H2 growth and strong Q2/H1 profit increases drive positive sentiment.
Impact on stocks 1
Financials
Thai Reinsurance Public Company LimitedShares of Thai Reinsurance Public Company Limited (THRE) rose 5.26% to 0.60 baht after CEO Olam Wongsuraphichet stated the company is confident its H2 performance will continue to grow. In Q2 2026, net profit was 94 million baht, up 15% year-on-year, while H1 net profit surged 205 million baht, up 336%, driven by reinsurance underwriting profit of 165 million baht and a 75% increase in net investment income to 93 million baht, following a portfolio shift toward equities to offset lower interest rates. Reinsurance premiums received fell 5% to 1,376 million baht due to screening out health insurance with high loss ratios.
Thai Reinsurance Public Company LimitedCEO's confidence in continued H2 growth and strong Q2/H1 profit increases drive positive sentiment.