Showing 131 - 140 of 170
Regulator stymies Asia Insurance
Business, Nuntawun Polkuamdee, Published on 25/09/2021
» The Office of the Insurance Commission (OIC) has ordered Asia Insurance 1950 to temporarily stop signing up new customers from Sept 23 after a probe suggested the company has insufficient liquidity for claim payments and a lower capital adequacy ratio than the legal requirement.
OIC unmoved by soaring Covid claims
Business, Nuntawun Polkuamdee, Published on 23/09/2021
» Total claims for Covid-19 insurance ballooned to 9.43 billion baht at the end of August and are expected to continue rising as the daily infection rate remains high, says the Office of the Insurance Commission (OIC).
OIC acts to ensure timely Covid payment
Business, Nuntawun Polkuamdee, Published on 07/09/2021
» The Office of the Insurance Commission (OIC) has issued measures to speed up the claims process for Covid-19 insurance after payment delays were reported.
Viriyah pays B2bn for Covid claims
Business, Nuntawun Polkuamdee, Published on 03/09/2021
» Viriyah Insurance, the country's largest auto insurer, has revealed it paid a total of 2 billion baht in Covid-19 insurance claims since launching a product offering a lump-sum payment, spurred by a surge in cases during the deadliest wave of the pandemic.
Tisco tips European stocks
Business, Nuntawun Polkuamdee, Published on 03/09/2021
» Tisco Economic Strategy Unit (ESU) recommends a heavier weighting for European stocks as funds are expected to move from emerging markets to that region after the Federal Reserve starts tapering its asset purchases.
Floods prompt warning from trade group
Business, Nuntawun Polkuamdee, Published on 01/09/2021
» The Thai General Insurance Association (TGIA) has warned policyholders to prepare for heavy flooding and closely monitor the situation, as only a small number of buyers have full coverage for property damage caused by natural disasters.
Investor confidence declines to lowest level in 9 months
Business, Nuntawun Polkuamdee, Published on 04/08/2021
» Investor confidence has plunged to its lowest level in nine months and is now bearish amid concerns over Thailand's worsening pandemic and economic contraction, according to a new survey.
Volatile financial markets expected
Business, Nuntawun Polkuamdee, Published on 03/05/2021
» Higher risk from the prospect of a liquidity drop is expected to cause volatility in the capital and money markets as an increase in US inflation and bond yields has signalled the country may be planning to taper its quantitative easing (QE), says Sukit Udomsirikul, managing director of research at SCB Securities (SCBS).
Investors bullish as jab rollout looms
Business, Nuntawun Polkuamdee, Published on 05/04/2021
» The Investor Confidence Index (ICI) for the next three months remained bullish in March thanks to optimism surrounding Covid-19 vaccine rollouts, the prospect of fund inflows and listed companies' earnings growth.
SET trading rose 43% in February, signals recovery
Business, Nuntawun Polkuamdee, Published on 09/03/2021
» Trading value on the Stock Exchange of Thailand (SET) in February rose 43% from the same period last year, with stocks in the food, banking and industrial sectors outperforming and providing a strong sign of a global economic recovery.