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Indara Insurance Public Company Limited

INSURE.BKTHB
45.00-40.8%1Y · THB

Indara Insurance Public Company Limited provides non-life insurance services in Thailand. Its products include fire, marine and transportation, motor, personal accident, health, cargo and hull, engineering, car, property, and miscellaneous insurance. The company was formerly known as Inter Life Insurance Company Limited. Founded in 1949, it is headquartered in Bangkok, Thailand, and is a subsidiary of Thai Group Holdings Public Company Limited.

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Thailand
Climate Adaptation & Water

Insurers and life insurers roll out premium payment relief measures to help flood-affected customers

Several life and non-life insurance companies have gradually announced relief measures for customers affected by flooding in various provinces across the country, including relaxed premium payment terms, waivers of interest and fees, and expedited claim payouts. Allianz Ayudhya Assurance introduced relief measures for life, health, and personal accident policies whose premiums fall due between September 1 and December 31, 2026, allowing lapsed policies to be renewed or reinstated within six months, along with waivers of interest and medical examinations. Thai Life Insurance extended its premium payment grace period to 60 days for policyholders whose premiums are due between September 20 and December 31, 2026, while Krungthai-AXA Life Insurance extended its premium payment grace period from 31 days to 91 days for policies with premiums due in the same period. Sara Lamsam, Chief Executive Officer of Muang Thai Life Assurance, said the company had extended its premium payment grace period by another 60 days, along with waivers of interest and medical examinations for policies due between September 20 and December 31, 2026. On the non-life side, Indara Insurance introduced relief measures for customers across all types of insurance, including towing and vehicle recovery services, a 60-day extension of the premium payment grace period for policies due between September 24 and October 31, 2026, and expedited preliminary claim payouts within seven business days, capped at 20,000 baht. Allianz Ayudhya General Insurance, meanwhile, is preparing its claims operations so that customers can submit documents online for auto, home, and property insurance, with claims payable within three days if the documents are complete.
About megatrends
Climate Adaptation & Water › Property/Casualty & Reinsurance Underwriting ▼Demand
Climate Adaptation & Water › Climate Risk Analytics & Insurance ▼Demand
Allianz Ayudhya Assurance Public Company Limited · Regulation · Positive Allianz Ayudhya Assurance introduced relief measures for flood-affected policyholders, including relaxed premium terms and waivers, a regulatory/relief action.
INSURE.BK · Regulation · Neutral Indara Insurance introduced flood relief measures including grace-period extension and expedited claim payouts, a relief action with ambiguous effect on the insurer.
TLI.BK · Regulation · Neutral Thai Life Insurance extended its premium payment grace period to 60 days for flood-affected policyholders, a relief measure with ambiguous financial impact.
Krungthai-AXA Life Insurance PCL · Regulation · Neutral Krungthai-AXA Life extended its premium grace period from 31 to 91 days for flood-affected customers, a relief measure with ambiguous impact.
Muang Thai Life Assurance Public Company Limited · Regulation · Neutral Muang Thai Life Assurance extended premium grace periods and waived interest/fees for flood-affected policyholders, a relief action with ambiguous effect.
AYUD.BK · Regulation · Neutral Allianz Ayudhya units announced flood relief measures (premium grace periods, fee waivers, expedited claims), a regulatory/consumer-relief action with mixed financial impact.
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Prachachat·3dRead more →
Thailand
Climate Adaptation & Water▲2

Indara Insurance offers 60-day premium deferral, speeds up home claims with results in 3 business days

Indara Insurance Public Company Limited has introduced relief measures for policyholders of all types of insurance affected by the flood situation, covering deferral of premium payments, moving vehicles to safe areas, providing replacement policy documents, and expediting claim consideration for damaged residences. The 60-day premium payment deferral applies to individual insurance policyholders in flood-affected areas whose premiums fall due between 24 September and 31 October 2026. If the insured notifies a request to renew or to restore the policy to its original status and pays the premium within 60 days from the due date, the policy will be considered to remain in effect as before. For vehicles, the company is arranging and coordinating tow trucks and recovery vehicles within its network to move cars to safe areas without waiting for a claims surveyor, while increasing the advance payment limit for towing and recovery costs and offering free flood-evacuation parking services at partner garages. Customers whose policy documents are lost or damaged can also request new copies free of charge. For residential insurance customers, the company will notify the result of its consideration within 3 business days after receiving photographs of the damage to the insured property together with the claim notification, and will pay an initial indemnity within 7 business days from the date the insured signs the agreement, up to a maximum of 20,000 baht for policies in force, paid according to actual damage but not exceeding the liability limit under the policy. Customers can report flood incidents or request towing and recovery services at the customer care centre by calling 02-636-5656 and pressing 1, 24 hours a day, and can file claims via www.indara.co.th/claim-inquiry
About megatrends
Climate Adaptation & Water › Property/Casualty & Reinsurance Underwriting ▼Pricing
Climate Adaptation & Water › Climate Risk Analytics & Insurance Pricing
INSURE.BK · Demand · Positive Indara Insurance introduces flood relief measures including 60-day premium deferral, expedited home claims within 3 business days, and free towing/parking services for policyholders.
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Money & Banking·10dRead more →