Deputy Prime Minister and Transport Minister Pipat Ratchakitprakarn has directed the Department of Rail Transport (DRT) to explore mandating travel insurance for rail passengers.
Munich Re has appointed Ms Chotima Puasiri as Chief Representative Munich Re Thailand, effective 1 March.
Thailand is likely to have a permanent Nat CAT Fund for the country soon. The initiative is being backed by the Thai General Insurance Association (TGAI) according to a report published in the daily the Bangkok Post.
The Office of Insurance Commission (OIC) is moving forward on a project to develop a strategic plan for voluntary health insurance, according to a statement released by the regulator.
The Office of Insurance Commission (OIC) has issued a directive requiring insurance companies to issue compulsory third-party motor vehicle insurance policies in electronic format, allowing policyholders to receive their policies electronically instantly. The directive takes effect from 1 January 2026.
The Office of Insurance Commission (OIC) has suggested a number of new mechanisms to drive the Thai insurance industry in 2026.
Thai General Insurance Association President Somporn Suebthawilkul remarked that the general insurance industry will encounter various challenges in 2026.
Bangkok Life Assurance and Bangkok Bank have launched the "GainFirst Speed Return 10/5" savings life insurance plan, which offers an annual return benefit advertised as a 20% cash back in the initial years.
Thailand's insurance regulator, together with the Thai Life Insurance Association and the Thai Non-Life Insurance Association, will support government policies to alleviate the burden of people's medical expenses including high drug costs, according to the Office of the Insurance Commission.
Thai Reinsurance Public Company Limited's (THRE) underwriting performance is expected to be weaker in 2025, with the full-year combined ratio around 100% or slightly higher (9M2025: 95.7%, 2024: 85.4%), reflecting losses from the two exceptional natural disasters, according to Fitch Ratings.