Bangkok Union Insurance Public Co. Ltd.

The government has launched a disaster insurance programme for the public, under which the state purchases insurance on behalf of citizens to provide a safety net against damage from disasters. A total of 11 insurance companies are participating in the programme: Bangkok Insurance, Krungthai Panich Insurance, Tokio Marine Safety Insurance (Thailand), Dhipaya Insurance, Thai Paiboon Insurance, Thai Vivat Insurance, Falcon Insurance, Muang Thai Insurance, Viriyah Insurance, MSIG Insurance (Thailand), and iCare Insurance. The programme covers natural disasters, namely floods, windstorms, and earthquakes, and reaches 30 million households nationwide. Coverage begins on 1 October 2026 and runs to 30 September 2027, with the policy renewed annually. Residential coverage is capped at 100,000 baht per event per household, broken down as follows: for floods, an initial payout of 10,000 baht and up to 90,000 baht; for windstorms, an initial payout of 5,000 baht and up to 95,000 baht; and for earthquakes, an initial payout of 5,000 baht and up to 95,000 baht. As for the risk of being surrounded by water, if a residence is cut off by water to the point that normal life cannot continue for more than seven consecutive days, policyholders receive compensation of 10,000 baht per event per household. Accidental death coverage stands at 2,000,000 baht per person.

BKI Holdings reported first-half net profit for 2026 of 2.427 billion baht, up 56.6% from the same period last year, and the board approved an interim dividend for the second quarter of another 4.50 baht per share, bringing total first-half dividends to 13.50 baht per share, payable on 4 September 2026. Dr. Apisit Anantanatarat, director and chairman of the executive committee, said that in the second quarter of 2026 the company posted net profit of 1.2733 billion baht, up 30.2%, equal to basic earnings per share of 11.96 baht. Meanwhile, subsidiary Bangkok Insurance, the main source of income, recorded first-half net profit of 2.3446 billion baht, up 51.8%, with insurance revenue of 15.6678 billion baht, down slightly by 0.4%, but net investment income rose 57.0% to 1.4029 billion baht.