The 26 August flash floods in the country's border with Tibet could result in insured losses of over $130m, according to senior industry officials.
The government has injected additional funds into state owned insurers and banks to ease solvency pressures and fulfill regulatory demands.
The Thai government has approved a THB15.5bn ($467m) annual programme, to provide government-funded disaster insurance to around 30m households in high-risk areas against floods, storms and earthquakes under a new scheme.
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Kennedys has appointed Mr Andrew Carpenter as Partner in Hong Kong.
AIG Trade Credit Thailand has appointed Mr Pongprat "Pong" Suwan as Country Head, Trade Credit.