Showing 91 - 100 of 194
Office of the Insurance Commission readies rule reform scheme
Business, Darana Chudasri, Published on 10/09/2020
» The Office of the Insurance Commission (OIC) is implementing a regulatory reform plan to buffer the insurance industry against future risks through digitalisation and public insurance literacy.
New capital calculation to benefit markets, firms say
Business, Darana Chudasri, Published on 09/09/2020
» Insurance companies say an adjustment of the risk-based capital calculation criteria will create positive investor sentiment for risk management and could benefit capital markets.
Digital future gives insurance new life
Business, Darana Chudasri, Published on 04/09/2020
» The pandemic has forced businesses across sectors to rapidly digitise as consumers are kept indoors because of government-mandated lockdowns or out of fear of contracting the coronavirus.
OIC okays revised calculation of RBC
Business, Darana Chudasri, Published on 01/09/2020
» The Office of the Insurance Commission's (OIC) board approved a revision of its risk-based capital (RBC) calculation last Friday, expected to go into effect from Dec 31 this year following a review process.
Risk charge method under fire
Business, Darana Chudasri, Published on 29/08/2020
» Insurance companies are requesting that the Office of the Insurance Commission (OIC) review the risk charge calculation version 2 that was implemented last year, citing its negative impact on the industry's capital adequacy ratio (CAR).
Shrinking car sales prompt Tokio Marine to cut forecast
Business, Darana Chudasri, Published on 26/08/2020
» Tokio Marine Safety Insurance Thailand, the country's fourth-largest non-life insurer, has revised down its target for gross written premium this year to 17 billion baht, citing lower sales of new cars.
Thaire maintains 10% growth target
Business, Darana Chudasri, Published on 24/08/2020
» SET-listed Thaire Insurance, a local reinsurer, is maintaining its target of 10% annual revenue growth over the next three years, driven by growing public concern over health protection during the coronavirus pandemic.
OIC studies aid options for capital support measures
Business, Darana Chudasri, Published on 20/08/2020
» The Office of the Insurance Commission (OIC) says it is considering additional assistance measures and close supervision to help businesses during the outbreak crisis, easing regulations and reducing costs for insurers through a digital platform.
Health insurer law in focus
Business, Darana Chudasri, Published on 17/08/2020
» The Office of Insurance Commission (OIC) will propose a new law overseeing health insurers in light of rapidly growing health concerns surrounding the pandemic.
Experts offer gold guidance
Business, Darana Chudasri, Published on 15/08/2020
» The domestic gold price rebounded after hitting a three-week low Wednesday, with experts advising long-term investors to sell at a profit once the price exceeds the fundamental value.