Life insurers in Thailand maintaining their growth trajectory in the first half of 2025 garnered a premium income of THD326.588b registering an increase of 4.87% over the same period in the previous year 2024.
With a goal to systematically advance the "Restaurant with Peace of Mind Insurance" project, Thailand's insurance regulator, the Office of the Insurance Commission (OIC), is promoting access to insurance as a risk management tool among small and medium-sized enterprises (SMEs) in the food and beverage (F&B) sector and use insurance as a risk management tool.
Thailand will continue to enhance the system of inspection and supervision of insurance companies through the examination form.
At the opening ceremony for the 13th National Anti-Corruption Commission (NACC) training course, chairman of the Office of the Insurance Commission (OIC) Lawaron Sangsanit delivered a special address.
Muang Thai Life has launched a new feature "Fit Rewards" on MTL Click application, converting to Fit Points and automatically redeeming them for annual premium discounts of up to 15%.
China Pacific Property Insurance (CPIC P&C), a subsidiary of China Pacific Insurance (CPIC), has partnered with Mitsui Sumitomo Insurance (MSIG) and Aon-COFCO Insurance Brokers to roll out the country's first international insurance program for new energy vehicles (NEVs).
Thailand's regulator, the Office of the Insurance Commission (OIC), has announced that it will move forward with three measures to protect consumers of insurance, including expediting compensation, developing a complaint reduction process and upgrading the protection system for victims of car accidents. These measures aim to promote rights and equal access for all.
The Office of the Insurance Commission (OIC), Thailand's insurance regulator, is looking to upgrade the supervision standards of Thai insurance business. This includes enhancing the readiness of all sectors related to the supervision mechanism, including the audit committee, compliance supervision unit from both life insurance and non-life insurance companies and relevant associations.
The Thai insurance regulator, the Office of the Insurance Commission (OIC) has instructed KWI Insurance to accelerate the increase of its paid-up capital to not less than THB30m by the end of July 2025.
At the 2025 annual meeting, the Office of the Insurance Commission (OIC), Thailand's insurance regulator, discussed with senior insurance company executives on how it could drive the country's insurance industry towards stability, sustainability, modernity and alignment in the context of the rapidly changing economic and social environment.