- Business
- TQR Public Company Limited operates as a reinsurance broker in Thailand, providing integrated reinsurance solutions including treaty reinsurance, facultative reinsurance, and product development services; it offers proportional reinsurance such as quota share and surplus, non-proportional reinsurance including working excess of loss and catastrophe excess of loss, as well as facultative placements for large or complex risks like major infrastructure projects and liability covers; the company also delivers total service solutions encompassing consultancy for new insurance product innovation in areas including motor car and motorcycle insurance, extended warranty, travel insurance, cyber security insurance, medical malpractice, and directors and officers liability insurance, alongside digital partnerships for modern consumer needs. TQR segments its operations into Traditional Business focused on standard treaty and facultative reinsurance for motor, fire, property, and miscellaneous insurance; Alternative Business involving proactive product analysis, development, and advice on novel overseas insurance products adapted for the Thai market; and Other Business including packaged software services. Founded in 2012 and headquartered in Bangkok at Rungrojthanakul Building, 8th Floor, Ratchadaphisek Road, Huai Khwang, the company primarily serves domestic non-life insurers and international reinsurers such as Hannover Rück SE and Swiss Reinsurance Company Limited, with a focus on risk management, capacity enhancement, and capital optimization amid regulatory frameworks like Risk-Based Capital and TFRS 17. TQR listed on the Market for Alternative Investment (MAI) of the Stock Exchange of Thailand in February 2021 following a capital increase to THB 115 million and an initial public offering that raised THB 295.7 million for IT system development, reinsurance modeling, and working capital; it established subsidiaries including R Square Company Limited in 2021 (55% owned) for online training with facial recognition technology and acquired 30% of AlphaSec Co., Ltd. in 2022 for THB 30 million to diversify into cybersecurity. Recent accolades include the Best Corporate Non-Life Insurance Broker award from the Office of Insurance Commission for 2023, a fifth consecutive 5-star rating in the Corporate Governance Survey, a perfect 100 score in the 2023 AGM Checklist evaluation, Best Broker and Outstanding Customer Service awards at the InsuranceAsia News Country Awards for Excellence 2025, and full 100 points in the 2025 AGM Checklist for the third straight year, reflecting ongoing strategic expansions in specialty reinsurance teams and agricultural insurance opportunities.