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Search Result for “OIC”

Showing 1 - 10 of 244

BUSINESS

Regulator eases investment rules for insurance firms

Nuntawun Polkuamdee, Published on 18/12/2025

» The Office of the Insurance Commission (OIC) has eased investment restrictions on insurance companies, lowering equity risk charges to allow insurers to invest more in the Thai stock market.

BUSINESS

Prescription scheme wins insurers' nod

Business, Nuntawun Polkuamdee, Published on 13/12/2025

» The Office of Insurance Commission (OIC) and the insurance industry have officially endorsed the government's "Sukkai Sabai Krabao" (Healthy Body, Comfortable Wallet) initiative, which allows patients treated at private hospitals to use their prescriptions at participating outside pharmacies.

BUSINESS

Thai Life agent has licence cancelled

Business, Nuntawun Polkuamdee, Published on 12/12/2025

» The Office of Insurance Commission (OIC) has revoked the licence of a life insurance agent of Thai Life Insurance Plc, after uncovering a large-scale premium fraud scheme that caused losses estimated in the hundreds of millions of baht.

WORLD

Orangutans at risk as Indonesia floods devastate habitat

Reuters, Published on 09/12/2025

» SIPIROK — Before the deadly landslides and floods hit Indonesia about two weeks ago, Amran Siagian, 39, frequently met Tapanuli orangutans on a hill in the region of Sipirok, North Sumatra province.

THAILAND

Car insurance to go digital next year

Published on 03/12/2025

» Insurers in Thailand will be required to offer compulsory motor insurance policies in fully digital format from Jan 1, 2026, according to the Office of the Insurance Commission (OIC).

BUSINESS

PM urges insurers to step up flood payouts

Business, Wichit Chantanusornsiri, Published on 28/11/2025

» Prime Minister Anutin Charnvirakul has instructed insurance companies to expedite payouts for home and car insurance claims in the flood-affected areas in southern Thailand, with claimants only required to submit photos via Line or other designated channels to insurance companies as evidence.

BUSINESS

Alert for insurance buyers from unlicensed firms

Business, Nuntawun Polkuamdee, Published on 05/11/2025

» The Thai Life Assurance Association (TLAA) has issued a warning to the public against purchasing life or health insurance policies from unlicensed foreign entities operating online.

SUSTAINABILITY

Insurance sector goes green

Business, Nuntawun Polkuamdee, Published on 27/10/2025

» At its core, the insurance business is about managing risks, including those related to environmental, social and governance (ESG) factors. As sustainability requirements change the business landscape, insurers are increasingly realising the importance of integrating the ESG agenda into their corporate strategies.

BUSINESS

New insurance strategy to tackle climate disasters

Business, Nuntawun Polkuamdee, Published on 16/10/2025

» The Office of the Insurance Commission (OIC) is launching a new strategic roadmap to strengthen Thailand's non-life insurance sector, aiming to address rising disaster risks and the growing challenges of an ageing population.

THAILAND

Sea Thailand Leads Wishlist Financial Literacy Tournament

Published on 11/09/2025

» Bangkok, September 2025 – Building money skills through play, the second annual “Wishlist Thailand Tournament 2025” brings together Sea (Thailand)—the internet platform behind Garena, Shopee and Monee—and the Institute of Board Game for Learning. The competition promotes personal financial skills and resilience by expanding the reach of the “Wishlist: Allocate Money, Fulfill Your Dreams” board game among students, teachers and parents, and this year extends to youth, families and the general public. With a prize pool of more than 50,000 baht and prestigious trophies, the final round was recently held at EmSphere in Bangkok.