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View Full Version : Thailand Sees $2 Billion of Inflows for Flood Insurance Claims - Bloomberg



NewsWhore
12-18-2011, 01:20 AM
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Thailand Sees $2 Billion of Inflows for Flood Insurance Claims (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEbWtHGGljpQ4pJKKvLcHRW9gkc5A&url=http://www.bloomberg.com/news/2011-12-18/thailand-sees-2-billion-of-inflows-for-flood-insurance-claims.html)
Bloomberg
The impact on the baht may be limited as some companies have opened foreign currency deposit accounts for insurance claims, and those funds won&#39;t be converted into baht. Other claims may be paid to parent companies outside Thailand, he said. ...

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