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THRE 9-Month Profit Rises 40% to 140 Million Baht

THRE 9-Month Profit Rises 40% to 140 Million Baht

Prachachat•Economy•53m ago

Reader Briefing

Thai Reinsurance Public Company Limited reported a 40% increase in net profit for the first nine months of 2026 despite flood-related insurance claims.

  • •Thai Reinsurance Public Company Limited achieved a net profit of 140 million baht for the first nine months of 2026.
  • •Net profit increased by 40% compared to the same period last year.
  • •Shareholders are urged to exchange THRE shares for THREH shares by November 20, 2026.

Overview

  • •Thai Reinsurance Public Company Limited reported a net profit of 140 million baht for the first nine months of 2026, a 40% increase from the previous year.
  • •The Combined Ratio of Thai Reinsurance Public Company Limited rose to 95.3% due to reserve settings for flood claims in Central Thailand, Bangkok, and surrounding areas in late September.
  • •Investment income for Thai Reinsurance Public Company Limited increased 70% to 129 million baht, supported by increased dividend income from a shift toward equity holdings.
  • •Reinsurance premiums received by Thai Reinsurance Public Company Limited decreased 3% to 3,917 million baht because the company reduced the growth of its accident and health insurance portfolio due to medical inflation.
  • •Olar Wongsurapichet stated that the overall performance for the full year 2026 is expected to grow according to the target.
  • •Shareholders must submit their intention to exchange THRE shares for Thai Re Group Holdings Public Company Limited shares to Finansia Sirus Public Company Limited by November 20, 2026, before 16:00.
  • •Investors wishing to buy THRE shares for exchange must do so by November 18, 2026, due to the T+2 settlement cycle.
  • •Shareholders who do not exchange THRE shares for THREH shares by the deadline may face a lack of market reference price and liquidity.

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Key Entities

Organization

Thai Reinsurance Public Company Limited(ไทยรับประกันภัยต่อ)
A reinsurance company referred to as THRE that reported a net profit of 140 million baht for the first nine months of 2026.
Thai Re Group Holdings Public Company Limited(ไทยรี กรุ๊ป โฮลดิ้งส์)
A company referred to as THREH whose shares are being exchanged for THRE shares at a 1:1 ratio.
Finansia Sirus Public Company Limited(ฟินันเซีย ไซรัส)
The securities company acting as the tender offer agent for the share exchange.

Person

Olar Wongsurapichet(โอฬาร วงศ์สุรพิเชษฐ์)
Chief Executive Officer of Thai Reinsurance Public Company Limited.

Place

Central Thailand(ภาคกลาง)ℹ️
A region that experienced flooding in late September, impacting Thai Reinsurance Public Company Limited's claim reserves.
Bangkok and surrounding areas(กรุงเทพมหานครและปริมณฑล)
Areas that experienced flooding in late September, impacting Thai Reinsurance Public Company Limited's claim reserves.