Mr. Chanaphan Phiriyaphan, Chief Executive Officer of TQR Public Company Limited (TQR), revealed that the business outlook for the third quarter of 2026 remains positive, driven by its general reinsurance brokerage and reinsurance brokerage for jointly developed channels and new products. The company focuses on developing new products with leading insurance companies, as well as continuously applying AI technology to product development and service delivery to cater to current and future mega trends. It assesses that demand for insurance and reinsurance continues to flow in, stemming from increased risk management needs of the public and private sectors and citizens, amid challenges from severe and frequent natural disasters, economic uncertainty, geopolitical tensions, and new risks arising from technological changes. Meanwhile, the government's push for natural disaster insurance projects will be another key factor supporting the growth of the insurance and reinsurance industry, providing TQR with more opportunities to play a role in risk management. Mrs. Yuparet Phiriyaphan, Deputy Chief Executive Officer, stated that reinsurance lines expected to support revenue targets include ESG-related reinsurance for solar energy projects, which is growing in line with the sustainable business trend, and electric vehicles (EV) due to higher EV adoption. Cyber reinsurance, both corporate and personal, is an important product given the increasing cybersecurity risks across businesses and industries. Additionally, personal accident and health reinsurance is significant as Thailand becomes a fully aged society and consumers increasingly prioritize health. The partnership with business allies includes AlphaSec Company Limited, a joint venture in which TQR holds a 30% stake, aiming to develop cybersecurity, cyber risk management, and business resilience solutions to become a leader in digital trust in the ASEAN region. Meanwhile, TQR continues to collaborate with TQM Alpha Public Company Limited (TQM) to develop insurance products and risk management solutions covering all customer segments, including home, health, cyber, and auto insurance. For the second quarter of 2026 performance, the company reported a net profit of 29.88 million baht, up 48.07% year-on-year, and total revenue of 75.26 million baht, up 15.24% year-on-year. For the first six months of 2026, total revenue was 161.80 million baht, up 9.51% year-on-year, and net profit was 66.59 million baht, up 25.20% year-on-year. The board of directors has approved an interim dividend payment in cash at 0.203 baht per share, totaling 46.69 million baht, with the record date set for August 25, 2026, and payment date on September 4, 2026.
TQR Public Company LimitedCEO confident Q3 business bright with growing demand for reinsurance across EV, cyber, ESG, and health lines.
TQM Corporation Public Company LimitedAlphaSec is a joint venture partner mentioned as a business ally, but no specific impact detailed.
