TIPH-THRE Lead Insurance Stocks Up on National Disaster Insurance Scheme Opportunity

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Summary · why it matters

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.

Impact on assets 2

Financials▲ · 2 stocks
Dhipaya Group Holdings PCL
TIPH
▲ PositiveDemandrelevance

Cabinet-approved national disaster insurance scheme creates underwriting opportunities for non-life insurers, including Dhipaya Group.