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Modest Thai loss creep reported by Japanese big three

13 August 2012

The Japanese big three - MS&AD, NKSJ and Tokio Marine - have disclosed modest increases to their loss estimates for last year's Thai floods in their results for the three months to 30 June.

The creep was not reported in such a way as to allow a hard number to be given for the total deterioration, but it was at least 12.1bn yen ($150mn) and must have been a significant way short of 26.7bn yen ($340mn).

Click to enlarge MS&...

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This article was published as part of issue August 2012/2

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