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The devastating floods in Thailand caused the country's fifth-costliest disaster in the last 31 years Many companies suffered in every facet. As a result, Thai non-life insurance firms lost $4.1 billion. Focusing on improvements in their main performance metrics, this article studies the financial implications of floods for those businesses. The financial information of the Thai non-life insurance is taken from three different periods; 2008 – 2010 (prior to the foods), 2011 (the floods year), and 2012 – 2014 (post floods). Descriptive and inferential statistics reflect variances in non-life insurance companies where the flooding had a devastating effect on them. This study serves as a starting point for Thai insurance firms, the government, and potential researchers.

This book is an essential guide to understanding how managers in China and Southeast Asia make effective economic decisions. In today's competitive global economy, it's vital to grasp how the most dynamic part of Asia is employing accounting tools in actual practice. The carefully crafted empirical studies presented here demonstrate the application of management accounting concepts in a variety of economic scenarios. Overall, these comparative investigations describe theory and common practices in a way that yields insights for both strategic and day-to-day problem solving. Accordingly, Management Accounting in China and Southeast Asia will interest graduate students, professional practitioners, and researchers in accounting, management, and finance.