Thailand Launches $467 Million Government-Funded Disaster Insurance Scheme

The Thai government unveiled a $467 million initiative to provide disaster insurance coverage to approximately 30 million households in high-risk zones, aiming to transfer flood and catastrophe costs to private insurers.

1 Sept, 06:12 — 1 Sept, 06:12

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bloombergHigh5d ago

Thailand Shifts Disaster Risk to Insurers With $467 Million Plan

Thailand plans to provide government-funded disaster insurance to about 30 million households in high-risk areas, while seeking to shift some of the growing cost of floods and other catastrophes to private insurers.

By Anuchit Nguyen and Satid Sutipanya

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Thailand Launches $467 Million Government-Funded Disaster Insurance Scheme

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Thailand Shifts Disaster Risk to Insurers With $467 Million Plan

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