Thai Re News

Thai Reinsurance Expects 2012 Loss from Floods

Thai Reinsurance Pcl expects to post a net loss for a second year in 2012 as the country’s leading reinsurer is hit by higher provisions from flooding last year that have pushed up insurance premiums for natural disasters, a top …

Fairfax to Acquire 25% Stake in Thai Re

Fairfax Financial Holdings Limited announced that it has agreed to acquire approximately 25 percent of the issued and outstanding shares of Thai reinsurer, Thai Reinsurance Public Company Limited, for approximately US$70 million. “As part of the purchase, Fairfax will have …