Industry conference warns of rising costs
Rescue workers help stranded people from a flooded area at the border town of Mae Sai, following the impact of Typhoon Yagi, in the northern province of Chiang Rai, Thailand, September 11, 2024.
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Industry conference warns of rising costs
Rescue workers help stranded people from a flooded area at the border town of Mae Sai, following the impact of Typhoon Yagi, in the northern province of Chiang Rai, Thailand, September 11, 2024. (Reuters photo)
The insurance industry is facing the consequences of growing geopolitical conflicts as well as natural disasters, prompting insurers to prepare for greater business risks, according to participants at the 23rd conference of the Association of Insurers and Reinsurers of Developing Countries (AIRDC).
Somporn Suebthawilkul,…