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Thai Reinsurance dissolves brokerage unit

Thai Reinsurance PCL has dissolved wholly owned subsidiary Thaire Life Assurance Broker Co. Ltd. as of Dec. 26.

The subsidiary is wholly owned by Thai Reinsurance through brokerage arm ThaiRe Services Co. Ltd., the parent said in a Dec. 28 regulatory filing.

Thai Reinsurance said the dissolution of the broker has no impact on its business.