Insurance Sector Assesses Billion-Baht Damage After Building Collapse in Quake

The Nation | 29 March 2025

Four insurers, OIC experts team up to evaluate impact on new state audit office structure; industry prepares for wider claims

The Thai insurance sector is assessing damage estimated to exceed one billion baht following the collapse of a partially constructed State Audit Office (SAO) building during the recent earthquake. 

Four insurance companies, along with experts from the Office of Insurance Commission (OIC), have formed a team to evaluate the extent of the damage.