The Thai floods caused devastation and have left risk managers contemplating their next move in case of a repeat scenario
The 2013 monsoon season brought weeks of torrential rain and flooding to Thailand, killing dozens of people, destroying property and bringing businesses to a standstill. While not quite on the scale of the unprecedented flooding catastrophe two years earlier that had such a huge impact on the supply chains of companiesaround the world, the 2013 events were a reminder that much still needs to be done by companies and the Thai authorities to mitigate the risk of serious business interruption. Just before the rains came, StrategicRISK Asia travelled to Bangkok to host a round table with leading Thai risk managers, brokers and insurers.
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