| 1978 |
Registered as a company aurthorized to engage in both Life
and Non-Life reinsurance with capital of Baht 30 million. |
| 1979 |
Officially commencing reinsurance operations. |
| 1984 |
Increased paid-up capital to Baht 45 million. |
| 1986 |
Increased paid-up capital to Baht 60 million. |
| 1993 |
Became an authorized company in the Stock Exchange of Thailand ( SET )
with a paid-up capital of Baht 90 million. |
| 1994 |
Increased paid-up capital to Baht 271 million. |
| 1995 |
Increased paid-up capital to Baht 561 million. |
| 1996 |
Entered into a cooperation agreement with SCOR Vie to
promote Life reinsurance business. |
| 1997 |
Commenced a cooperation agreement with Munich Re in order
to service our Non-Life clients with heightened professionalism. |
| 1999 |
Increased paid-up capital to Baht 841 million. |
| 2000 |
Officially seperating the Life and Non-Life operation as
individually registered companies. |
| 2001 |
Increased paid-up capital to Baht 1.19 billion. |
| 2002 |
The International ratings agency Standard & Poor's upgraded
the financial strength rating of the company to
BBB (Good), previously BBpi.
The Securities & Exchange Commission awarded
the company with the Disclosure Award which was
in recognition for the high standards of transparency.
|
| 2003 |
The International ratings agency Standard & Poor's upgraded
the financial strength rating of the company to BBB (Good) with
possitive outlook, previously stable.
The Securities & Exchange Commission awarded
the company with the Disclosure Award which was
in recognition for the high standards of transparency.
|
| 2004 |
Awarded the "Insurance company whose service benefits the
" Awarded the for the year 2003 by the development
of insurance business" for the year 2003 by the
Insurance Department, Ministry of Commerce.
Awarded from the Stock Exchange of Thailand "Best
Corporate Governance".
The international ratings agency Standard &
Poor’s upgraded the financial strength rating
of the company to BBB (Good) with positive outlook,
previously stable.
|
| 2005 |
“Distinction in Maintaining Excellent Corporate Governance
Report” and “Nominee for Best Performance – Financials”
Awarded from Stock Exchange of Thailand
The international ratings Standard & Poor’s
approvaled the financial strength rating of the
company to BBB+ (Stable) with positive outlook.
Evaluated by the Thai Institute of Directors as
one of the most outstanding Thai public companies
for the 1st Quartile and to qualify for a position
in the final round for "The Best Board of Directors"
for 2004/2005
|
| 2006 |
Distinction in Maintaining Excellent Corporate Governance
Report and nominated for Best Performance – Financials
award from Stock Exchange of Thailand
Rated by the Thai Institute of Directors as "Very
Good" Thai public companies
The international ratings Standard & Poor’s
affirmed the financial strength rating of the
company to increase from BBB+ (Stable outlook)
to BBB+ (Positive outlook).
|
| August 2007 |
Office of the Securities and Exchange Commission assigned the quality of Thai Re’s Annual General Meeting 2007 with an excellent rate.
|
| December 2007 |
The Standard & Poor’s ratings in Currency Counterparty Credit Rating (CCR) and Financial Strength Rating (FSR) was upgraded from "BBB+" (Positive Outlook) to "A-" (Stable outlook).
|
| December 2007 |
Awarded Board of The Year for "Distinctive Practices 2006/2007" from the Thai Institute of Directors (IOD), in collaboration with the Stock Exchange of Thailand, Board of Trade of Thailand, the Federation of Thai Industries, Thai Bankers’ Association, Thai Listed Companies Association, and the Federation of Thai Capital Market Organizations.
|
| August 2008 |
Honored by the Office of the Securities and Exchange Commission as a good example of Annual General Meeting in 2008. The evaluation of Annual General Meeting in 2008 was based on score higher than 100 points.
|
| December 2008 |
Earned 89 points out of 100 points from the assessment of corporate governance of Thai Listed Companies in 2008 published by the Thai Institute of Directors (IOD).
|
| July 2009 |
Assigned "axAA-" status on ASEAN Regional Scale Rating by Standard & Poor’s.
|
| November 2009 |
Awarded Board of The Year for "Distinctive Practices 2008/2009" from the Thai Institute of Directors (IOD), in collaboration with the Stock Exchange of Thailand and Board of Trade of Thailand.
|
| December 2009 |
Listed "excellent" from the assessment of corporate governance in the Corporate Governance Report (CGR) of Thai Listed Companies in 2009 published by the Thai Institute of Directors (IOD).
|
| December 2010 |
The Standard & Poor’s Rating Services upgraded Thai Re’s its ASEAN Regional Scale Rating in Currency Counterparty Credit Rating (CCR) and Financial Strength Rating (FSR) from "axAA-" to "axAA".
|
| December 2011 |
Since the impact of the major floods, S&P’s rating agency has downgraded the credit rating of financial stability and ability to pay compensation at the level of the axAA (ASEAN Regional Scale raiting) down to the level axA+ (ASEAN Regional Scale rating).
|
| December 2011 |
The evaluation of the corporate governance of the Thai listed companies for the year 2011 by the Thai Institute of Directors (IOD) resulted in "excellent" rating status.
|
