Insight and Intelligence on the Global Facultative Markets

19 May 2012

Japanese market set to absorb lion’s share of Thailand industrial losses

14 October 2011

The domestic Japanese insurance market is set to take the biggest hit as a result of property damage and contingent business interruption (CBI) losses stemming from recent severe flooding in Thailand, which has caused extensive damage and disrupted production at a swathe of industrial facilities, Inside FAC understands.

As things stand, the General Insurance Association of Thailand has estimated that compensation claims by manufacturers affected by the severe flooding, especially in the central region, are likely to exceed Bht 10...

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