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Thailand resisted landings on its territory for about 5 to 8 hours; it then signed a ceasefire and a Treaty of Friendship with Japan, later declaring war on the UK and the USA. The Japanese then proceeded overland across the Thai–Malayan border to attack Malaya. At this time, the Japanese began bombing Singapore. [17]
DirectAsia was founded in Singapore in 2010 and launched in Hong Kong in 2012 and in Thailand in 2013. [3] [4] During 2013, DirectAsia had gross written premiums of $25.3 million. [5] In 2014, DirectAsia was acquired by Hiscox Insurance to commit further to serving customers in Asia. Hiscox has reached a $55 million agreement with Whittington ...
Thailand implemented a risk-based capital (RBC) framework in 2011 aligning the Thai insurance industry to many other Asian economies including Japan (since 1997), Indonesia (since 2000), Taiwan (since 2002), Singapore (since 2004), Malaysia (since 2009), South Korea, The Philippines and Thailand (since 2011). [3]
The foreign relations of Thailand are handled by the Ministry of Foreign Affairs of Thailand.. Thailand participates fully in international and regional organizations. It has developed close ties with other ASEAN members—Indonesia, Malaysia, the Philippines, Singapore, Brunei, Laos,and Vietnam—whose foreign and economic ministers hold annual meetings.
In 2023, the company entered the Malaysian life insurance market through an investment in Gibraltar BSN Life Berhad, which was renamed FWD Insurance Berhad. Alongside other investors, FWD Group acquired a stake from The Prudential Insurance Company of America, a wholly owned subsidiary of the US-based, NYSE-listed Prudential Financial, Inc. (PFI).
Singapore has appointed 31 honorary consuls-general/consuls abroad and has 46 non-resident ambassadors and high commissioners based in Singapore. The ministry is currently divided into 11 directorates which deal with political and economic matters, and 7 directorates which oversee matters relating to protocol, consular issues and the Singapore ...
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