THREL reported 3Q20 earnings of Bt38m, down 48% YoY but up 494% QoQ. The result was 71% over our estimate of Bt22m, due mainly to lower claims than expected. The firm marked claims of Bt390m; we had assumed Bt405m. 9M20 earnings dived 59% YoY to Bt73...
Suwat Bumrungchatudom @ Bualuang Securities 5 November 2020
THREL reported 2Q20 earnings of Bt6m, down by 88% YoY and 82% QoQ. The result was deeply below our (already very modest) estimate of Bt22m, due mainly to heavier claims than expected. The firm posted claims of Bt412m; we had assumed only Bt390m. 1H20...
Suwat Bumrungchatudom @ Bualuang Securities 13 August 2020
Details
Thailand
Asia
Real Estate
About
Thaire Life Assurance PCL provides a range of reinsurance products and services. The Company offers reinsurance coverage for business, individual, group, mortgage, credit, life, personal accident, critical illness and health.
Associated topics
Asia
Thailand
Equity
Real Estate
Suwat Bumrungchatudom
Thaire Life Assurance PCL
Bt85m
4Q20
3Q20
2020
THREL
2Q20
1H20