Thai floods: Insured losses to be "managable", says Fitch
Insured losses from the Thailand floods will be “manageable” at $4.5bn and not trigger widespread solvency problems, or undue financial strain for the country’s non-life insurance players, according to Fitch Ratings
Fitch’s initial assessment is insured loss will be markedly lower than the economic losses, although the extent of impact will vary from company to company.
Although Thailand is susceptible to
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