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Italian-Thai Joint Venture Liable for Rebuilding Collapsed SAI Building, Says Prosecutor
A normal contractor's "all-risks" insurance policy would insure against the peril of earthquake. So-called "acts of God", such as earthquake, windstorm, flood and wildfire, are insurable perils in most places, including Bangkok. It appears that the project is insured under a contractor's "all-risks" policy jointly underwritten by Dhipaya Insurance (40%), Bangkok Insurance (25%), Indara Insurance (25%) and Viriyah Insurance (10%). It will almost certainly include cover for the peril of earthquake. One report has stated that the building was 50% complete and another says 30%. The loss may well exceed 1 billion baht. Dhipaya's major shareholders are Government Savings Bank, Krung Thai Bank and the Petroleum Authority of Thailand. It has been reported that Dhipaya has reinsured 95% of the risk under the CAR policy, most of it probably with professional reinsurers offshore. The other insurers have probably reinsured major portions as well. Dhipaya is frequently the insurer for projects that involve the Thai government. Bangkok insurance is one of the largest insurers in the country. Viriyah is most known for its market share in the auto insurance sector. The four insurers are working with the OIC to investigate this loss. -
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Charity Leader Accuses Prince Harry of Toxicity and Bullying
Oh look, you’re attacking a woman for her looks again, -
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More Wise issues
And your point is? My Wise normally also come through in seconds, today they are not. One of the senders was also not able to use debit or credit card, and had to make the payment by bank transfer. Both payments the tracking shows Wise received the money yesterday- 1
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The left wants to destroy the Greatest country on Earth.
Elderly people wanting to move there need to bring a lot of cash. -
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The left wants to destroy the Greatest country on Earth.
Pros only for people with money. Like a lot of places including Thailand.
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