Thai Reinsurance Public Company LimitedCabinet-approved national disaster insurance scheme creates underwriting opportunities for non-life insurers, including Thai Reinsurance.
TIPH and THRE shares rose, leading the insurance sector, after the Cabinet approved the National Disaster Insurance Scheme with a total coverage of 15 billion baht, protecting 30 million households. TIPH gained 1.94% to 26.25 baht, while THRE rose 8.77% to 0.62 baht. Maybank Securities (Thailand) views the scheme as a positive factor for non-life insurance stocks due to the opportunity to participate in underwriting bids, but details of conditions and limitations still need to be monitored.
Thai Reinsurance Public Company LimitedCabinet-approved national disaster insurance scheme creates underwriting opportunities for non-life insurers, including Thai Reinsurance.
Dhipaya Group Holdings PCLCabinet-approved national disaster insurance scheme creates underwriting opportunities for non-life insurers, including Dhipaya Group.