Compulsory reinsurance line to burn Thai Re
Thai Re is set to face an imposing claims burden from the Thai floods as it reaps the consequences of the 5 percent compulsory line that it writes on all reinsurance in the country.
The Insurance Insider understands that fears are growing about the financial strength of Thai Re in the (re)insurance community in Singapore due to the extent of its perceived exposure.
In addition to the 5 percent compulsory line, Thai Re also has the option to write another...
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