The Bangkok-based non-life reinsurer earns an aa+.TH national scale rating, though AM Best flagged exposure to heightened credit and liquidity risks from holdings in a sanctioned country.
The regulator pointed to higher claims costs, tighter reinsurance appetite and pressure on trade-exposed lines as external volatility feeds into the sector.
The regulator is reshaping the insurance market through a five-year plan that extends regulatory reach to entire corporate groups, tightens capital standards, and pushes insurers to close the country's...
The initiative brings together regulators and industry executives across ASEAN to discuss longevity, AI adoption and resilience in the life insurance sector.
The bus carried compulsory and voluntary cover with the insurers, as BMTA pledged 1.5m baht (approx. US$45,900) in preliminary compensation to each deceased's family.
