smk insurance bankrupt

Thailand & Pattaya News, from Fabulous 103fm (25 May 2022) Insurance group SMKA has had its rehabilitation petition accepted by a bankruptcy court, declaring some 41 Billion baht of debt, of which it has settled close to 12 billion, mainly being payouts due on policies sold to cover policy holders catching covid. As policyholders plan to object, this then is the first of insurers to file for relief of debt […]