The Company was rated “Excellent” in the Corporate Governance Report of Thai Listed Companies (CGR) in 2020, organized by the Thai Institute of Directors (IOD).
The Company’s registered and paid-up share capital decreased from Baht 4,215.0 million to Baht 3,709.2 million by reducing the par value per share from Baht 1.00 to Baht 0.88.
Fitch Ratings assigned Thai Re’s its International Insurer Financial Strength (IFS) Rating of “A-”. (Strong), with Stable outlook.
2019
The Fitch Ratings assigned Thai Re’s its International Insurer Financial Strength (IFS) Rating of “A-”. (Strong), with Stable outlook.
The Company was rated “Very Good” in the Corporate Governance Report of Thai Listed Companies (CGR) in 2019, published by the Thai Institute of Directors (IOD).
In 2019 the Company received the certificate “Gold Level” from the Happy Provident Fund Company Award jointly organized by the Securities and Exchange Commission, The Stock Exchange of Thailand, the Association of Investment Management Companies, and the Association of Provident Funds since the Company has promoted and educated the employee regarding the financial and saving for retirement plan.
Thaire Services Co., Ltd. (THRES), the subsidiary of the Company, purchased shares of THREI representing 51.0 percent of the total paid-up shares resulting in indirect shareholding in THREI of the Company increased to 100 percent.
The Company reduced its investment in THREL to 10.1 percent.
2018
The Company reduced its investment in THRELto11.1 percent and reclassified all investment in THREL from “trading” investment to “available-for-sale” investment.
The Company was rated “Very Good” in the Corporate Governance Report of Thai Listed Companies (CGR) in 2018, published by the Thai Institute of Directors (IOD).
2017
Reduced shareholding in THREL to 15 percent and changed its status to “trading securities” investment.
Acquired EMCS shares to become 100 percent shareholding.
Liquidate THREB, a subsidiary that the company indirectly held 100 percent through THRES.
THRES invested in stakes of Carpool, an insurance technology company.
2016
Reduced shareholding in THREL to 18 percent and changed its status to an available-for-sale investment.
Acquired shares of THREA to become 100 percent shareholding.
Moved THRET to become a subsidiary of THRES.
2015
Reduced shareholding in THREL to 25 percent and changed its status to an associated company
2014
Increased equity fund to THB 4,215 million and paid all 2012 mega flood claim finished.
Reduced shareholding in THREL to 42 percent.
Divested Thai Insurers Datanet, an associated company.
2013
Listed THREL on the SET and our ownership declined to 51 percent.
2012
Raised equity fund to THB 3,512 million after faced with 2011 mega flood and Fairfax become our strategic partner.
2011
Established THREA to provide actuarial consulting services.
2006
Established THRES to provide third-party administrative services in both life and non-life insurance services.
2004
Established THRET to provide insurance-related training by partner with CII.
2000
Separated THREL to provide life reassurance services.
Established EMCS to provide E-motor claim service.
1993
Listed on the SET to raise equity fund to THB 90 million.
1991
Turned to professional reinsurer.
1978
Established as a composite reinsurance company which focused on managing pool, data gathering and provide statistics.