Thailand insurance News

Thai Insurer’s Coronavirus Cover Draws ‘Overwhelming’ Demand

The founder of one of the world’s best-performing insurance firms this year never imagined its policies to cover illness from the coronavirus would draw “overwhelming” demand when it began selling them well before the pathogen spread across Thailand and the …

Thai Insurer Offers First Coronavirus Insurance Policy

The world’s best-performing insurance firm has seized on the latest health concern to offer Thailand’s first policy to cover the novel coronavirus. TQM Corp., with partner Bangkok Insurance Pcl, this week introduced a policy that costs 299 baht ($9.62) and …

ACE Buying 69% Stake in Thai Insurer

ACE Limited (ACE) said it has agreed to purchase a 60.9 percent stake in The Siam Commercial Samaggi Insurance PCL, a general insurance company in Thailand, from Siam Commercial Bank. Established in 1947 and listed on the stock exchange of …

Hong Kong’s Li Returns to Insurance with $2.1 Billion ING Deal

Hong Kong businessman Richard Li, the younger son of Asia’s richest man, is buying ING’s Hong Kong, Macau and Thailand insurance units for $2.14 billion in cash, bringing the Dutch financial services company a step closer to paying off its …

Hong Kong’s Li Nears $2 Billion Acquisition of ING Units: Reuters

Hong Kong businessman Richard Li, younger son of Asia’s richest man Li Ka-shing, is nearing a deal to buy ING’s Hong Kong and Thailand business for over $2 billion, sources with direct knowledge of the matter told Reuters on Thursday. …