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Thailand tag returned 121 results

  • Thailand: Regulator to help insurers deal with low interest-rate environment

    The insurance regulator, the Office of Insurance Commission (OIC), is engaged in a consultation exercise aimed at obtaining views from stakeholders on proposals that would increase the competitiveness of Thailand's insurance industry and help it respond to national and global economic conditions.

    Asia | 22 Jan 2020
  • Thailand: Non-life insurance market estimated to have grown by 5% in 2019

    The non-life insurance market is assessed as likely to have met its 5% growth target for 2019, the Thai General Insurance Association (TGIA) has said.

    Asia | 17 Jan 2020
  • Thailand: Motor premium rates to increase due to losses

    Many general insurance companies anticipate that premium income in the sector would increase this year by 1.5-3%, slowing down from 2019 when the premium growth rate is estimated at 5%.

    Asia | 16 Jan 2020
  • Drought in Thailand is expected to worsen in coming months

    Thailand's dry season starts in November and usually lasts through April, although this year authorities say it could go on through June. A drought has been declared in 14 provinces in the central, northern and north-eastern farming regions of the country.

    Asia Risk | 15 Jan 2020
  • Thailand: Regulator sets up group to study insurers' investment scope

    Thailand's insurance regulator has formed a working group to study expanding the scope of investments of insurers so as to tackle the challenges of a long low interest-rate environment.

    Asia | 03 Jan 2020
  • Thailand: Regulator outlines insurance developments to be expected in 2020

    The insurance regulator, the Office of Insurance Commission (OIC), is optimistic about prospects for the insurance industry in 2020, saying health insurance, government-related insurance products and crop insurance will be growth drivers.

    Asia | 02 Jan 2020
  • Thailand looks to set up central claims centre for health insurance

    The Thai Life Assurance Association (TLAA) aims to establish a central claim centre which will pool all health insurance claims. This will improve convenience for claimants and hospitals, reduce claim processing costs and help prevent insurers from inaccurate claims, said a report from the Bangkok Post.

    Agents | 24 Dec 2019
  • Thailand looks to set up central claims centre for health insurance

    The Thai Life Assurance Association (TLAA) aims to establish a central claim centre which will pool all health insurance claims. This will improve convenience for claimants and hospitals, reduce claim processing costs and help prevent insurers from inaccurate claims, said a report from the Bangkok Post.

    Asia | 24 Dec 2019
  • Thailand: FWD purchases another local insurer in 2019

    Pan-Asian insurer FWD Group has completed the acquisition of local general insurer Siam City Insurance (SCI) in Thailand. The acquisition is part of the group's growing general insurance proposition in Thailand and in the region, said an official statement.

    Asia | 23 Dec 2019
  • Thailand: Crop insurance premiums likely to increase next year

    Nat CAT in 2019 led to the claims loss ratio in Thailand reaching 200% and indicate the possibility of crop insurance premiums increasing in 2020, reported local publication Bangkok Post citing figures from the Thai General Insurance Association (TGIA).

    Asia | 16 Dec 2019


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