Thaire Life Assurance PCL

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3 articles for Thaire Life Assurance PCL

Thaire Life Assurance PCL: Earnings beat, due to lower claims

Bualuang Securities Suwat
Suwat Bumrungchatudom @ Bualuang Securities 23 February 2021

Thaire Life Assurance PCL: Earnings beat, due to low claims

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...
Bualuang Securities Suwat
Suwat Bumrungchatudom @ Bualuang Securities 5 November 2020

Thaire Life Assurance PCL: Deep miss, due to heavy claims

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...
Bualuang Securities Suwat
Suwat Bumrungchatudom @ Bualuang Securities 13 August 2020

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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