Showing 51 - 60 of 377
TLAA wants OIC to widen insurers' investment options
Business, Darana Chudasri, Published on 12/10/2020
» The Thai Life Assurance Association (TLAA) has requested the Office of the Insurance Commission (OIC) study the feasibility of allowing insurers to invest in a wider range of funds and bonds to take advantage of the low-interest-rate environment.
Life, non-life segments see profits rise
Business, Darana Chudasri, Published on 29/09/2020
» Life insurance shrank 5.69% in the first half while non-life witnessed 1.9% growth, with both segments seeing an increase in gross profits thanks to a sharp reduction in claims during the lockdown period.
Deadline set for THAI creditors
News, Darana Chudasri, Published on 24/09/2020
» A deadline has been set for individual creditors to recover their money from Thai Airways International (THAI), with applications for debt repayment through corporate bonds getting underway on Wednesday.
OIC: Car coverage continues to evolve
Business, Darana Chudasri, Published on 22/09/2020
» Car insurers are adjusting their product strategies to focus on short-term payments and insurance based on actual use as the market is expected to rebound in the second half of the year.
PLA makes mark in digital insurance sales
Business, Darana Chudasri, Published on 19/09/2020
» While maintaining a relatively small presence in the Thai insurance market, PhillipLife Assurance (PLA) has become a major player in terms of digital sales, which have spiked since the pandemic and represent the future of the sector.
TQM studying viability of cybermarket
Business, Darana Chudasri, Published on 15/09/2020
» TQM Corporation (TQM), the only SET-listed insurance broker, is studying the viability of cyber-insurance products in response to the growing complexity of cyber-risks in the digital age.
Big projects face costlier reinsurance
Business, Darana Chudasri, Published on 02/09/2020
» Large construction projects in Thailand are potentially at risk for higher reinsurance premiums as global premiums on big developments soar.
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).
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.