Thailand Archives - InsuranceAsia News https://insuranceasianews.com/country/thailand/ Mon, 15 Dec 2025 07:20:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Starr International Insurance Thailand to benefit from stronger underwriting, business transformation: AM Best https://insuranceasianews.com/starr-international-insurance-thailand-to-benefit-from-stronger-underwriting-performance-and-successful-business-transformation-am-best/ Mon, 15 Dec 2025 07:01:10 +0000 https://insuranceasianews.com/?p=206910 AM Best upgrades rating to A (Excellent) with a stable outlook, citing improved operating performance, strongest‑level risk‑adjusted capitalisation and continued support from Starr Group.

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Starr International Insurance Thailand (SIIT) has strengthened its operating performance on the back of its ongoing business transformation, according to AM Best.
The Thai insurer’s underwriting resul...

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]]> Over half of US$10bn losses from recent Southeast Asian floods attributable to business interruption: Moody’s https://insuranceasianews.com/over-half-of-us10bn-losses-from-recent-southeast-asian-floods-attributable-to-business-interruption-moodys/ Tue, 09 Dec 2025 09:57:53 +0000 https://insuranceasianews.com/?p=206424 Modelling specialist noted that some atmospheric indicators suggest that parts of Southeast Asia are already experiencing La Niña-like conditions.

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More than 50% of the estimated over US$10 billion losses from the recent devastating flooding across Thailand, Malaysia, and Indonesia were attributed to business interruption, according to a report b...

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]]> Howden drives Dhipaya, Ping An tie-up for EV warranty products in Thailand https://insuranceasianews.com/howden-drives-dhipaya-ping-an-tie-up-for-ev-warranty-products-in-thailand/ Mon, 08 Dec 2025 06:22:21 +0000 https://insuranceasianews.com/?p=206328 Thailand's Dhipaya Insurance will underwrite extended warranty insurance products for Chinese EVs backed by reinsurance capacity from Chinese insurer Ping An and placed by Howden Re.

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Howden has facilitated a reinsurance arrangement between Thailand’s Dhipaya Insurance and Chinese insurer Ping An P&C to offer extended warranty insurance products for Chinese electric vehicles (E...

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]]> Storms batter Southeast, South Asia, inflicting over US$20bn in economic losses: Aon https://insuranceasianews.com/storms-batter-southeast-south-asia-inflicting-over-us20bn-in-economic-losses-aon/ Fri, 05 Dec 2025 08:34:06 +0000 https://insuranceasianews.com/?p=206185 Thailand estimates Cyclone Senyar to be among its costliest, while Indonesia is reporting billions of dollars in damages and Cyclone Ditwah in Sri Lanka is projected to be the country's deadliest since 1978.

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Tropical Storm Senyar, which followed a rare track through the Strait of Malacca, has triggered and contributed to widespread flooding in Thailand and Indonesia, with combined economic losses estimate...

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]]> Thailand, Malaysia, Indonesia reel from flood damage, losses in the ‘hundreds of millions’: Aon https://insuranceasianews.com/thailand-malaysia-indonesia-reel-from-flood-damage-losses-in-the-hundreds-of-millions-aon/ Fri, 28 Nov 2025 09:48:57 +0000 https://insuranceasianews.com/?p=205671 Cyclone Senyar, a rare tropical cyclone in the Malacca Strait, and heavy rainfall triggered flooding that affected millions, with total economic damage in Thailand estimated at US$360–740m.

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Persistent heavy rainfall and Cyclone Senyar, a rare tropical cyclone in the Malacca Strait, triggered flooding that affected millions in Thailand, Malaysia, and Indonesia, causing widespread damage a...

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]]> Roojai seeks ‘strategic M&A opportunities’ after US$60m fundraise https://insuranceasianews.com/roojai-seeks-strategic-ma-opportunities-after-us60m-fundraise/ Wed, 26 Nov 2025 07:50:06 +0000 https://insuranceasianews.com/?p=205409 Thai digital insurer closed series C funding round led by private equity firms Apis Partners and Asia Partners.

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Roojai, the Thai digital insurer, is eyeing further M&A opportunities after attracting a fresh US$60 million investment in a series C fundraising led by private equity firms Apis Partners and Asia...

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]]> Allianz Commercial, Coastal Marine team up for APAC marine hull coverage https://insuranceasianews.com/allianz-commercial-coastal-marine-team-up-for-marine-hull-coverage-in-apac/ Tue, 18 Nov 2025 04:22:46 +0000 https://insuranceasianews.com/?p=204789 Partnership will initially focus on Coastal Marine's core offering of hull and machinery for coastal and inland tonnage in Indonesia, Singapore, Malaysia, Thailand, and Hong Kong.

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Allianz Commercial have partnered with marine MGA Coastal Marine Asia Underwriting to provide marine hull insurance solutions in the Asia Pacific, according to a press release.
The agreement, signed b...

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]]> Generali Thailand targets half a billion dollars in GWP this year: report https://insuranceasianews.com/generali-thailand-targets-half-a-billion-dollars-in-gwp-this-year-report/ Mon, 13 Oct 2025 07:57:49 +0000 https://insuranceasianews.com/?p=201816 The insurer intends to bank on digital innovation, multi-channel distribution, and the growing demand for health and life insurance to sustain double-digit growth.

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Generali Thailand, a subsidiary of Italy’s Generali Group, aims to exceed THB15 billion (US$460 million) in GWP this year, driven by sustained double-digit growth, according to a report.
The GWP would...

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]]> Vietnam’s 2025 nat cat economic losses top US$1.3bn https://insuranceasianews.com/vietnams-2025-nat-cat-economic-losses-top-us1-3bn/ Fri, 10 Oct 2025 08:39:41 +0000 https://insuranceasianews.com/?p=201682 Typhoon Matmo over the weekend expected to add hundreds of millions of dollars in losses to the region recovering from the Typhoon Bualoi the week before.

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Vietnam has incurred about VND35 trillion (US$1.3 billion) in economic losses due to nat cat since the beginning of 2025, according to government data, as the country reels from the losses brought by ...

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]]> Hanoi flooding from Typhoon Kajiki expected to result in limited commercial claims https://insuranceasianews.com/hanoi-flooding-from-typhoon-kajiki-expected-to-result-in-limited-commercial-claims/ Wed, 27 Aug 2025 09:12:07 +0000 https://insuranceasianews.com/?p=198423 While the windstorm has caused significant damage, it did not hit the industrial areas, unlike Typhoon Yagi last year.

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Insured losses from Typhoon Kajiki, which made landfall in Vietnam on Monday, are expected to be less than those from Typhoon Yagi in September last year.
"Unlike Yagi, Kajiki did not hit the industri...

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