News Asia04 Feb 2013

Thai CAT fund sells US$470 mln in policies in 10 months

04 Feb 2013

The National Catastrophe Insurance Fund has sold 3,745 policies worth over THB14 billion (US$470.7 million) between 28 March 2012 and 7 January 2013 in the wake of the great flood of 2011. The policies, available to companies in the industrial sector, offer cover in the event of floods, storms and earthquakes.

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