Showing 1 - 10 of 19
Scientist revives climate database killed by Trump
AFP, Published on 22/10/2025
» WASHINGTON - A US climate-disaster database killed by President Donald Trump’s administration has been brought back to life by its former lead scientist — revealing that extreme weather inflicted a record $101 billion in damages in just the first half of 2025.
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.
Pension Systems Must Evolve as Asia Pacific Ages
Published on 02/05/2025
» By 2050, more than 25% of Asia-Pacific's population will be over 60, creating unprecedented challenges for pension systems already struggling with sustainability, according to a leading academic in actuarial science.
Regulator picks premiums to hit B1tn this year
Business, Nuntawun Polkuamdee, Published on 05/02/2025
» Life and non-life insurance businesses should expand this year, driving the industry's overall premiums to 1 trillion baht if economic growth continues, says the Office of the Insurance Commission (OIC).
Regulator considers screening for actuaries
Business, Nuntawun Polkuamdee, Published on 12/08/2024
» The Office of the Insurance Commission (OIC) is considering a plan to set up a screening committee that can suspend or revoke the licences of actuarial mathematicians to prevent risks to insurance firms and policyholders.
Overstretched pension fund needs reform
News, Penchan Charoensuthipan, Published on 09/01/2022
» The Social Security Fund's (SSF) pension scheme, which was designed to provide a source of income for those who have retired from the private sector, may not last unless changes are made to strengthen its finances, experts warn.
Regulator nails down capital adequacy method
Business, Darana Chudasri, Published on 05/02/2021
» The Office of Insurance Commission (OIC) has approved the revision of its capital adequacy ratio (CAR) calculation method, broadening opportunities for local insurance companies to invest in foreign assets and diversify risks during the pandemic and amid low interest rates.
Investment eyed in lower-grade bonds
Business, Darana Chudasri, Published on 28/01/2021
» The Office of the Insurance Commission (OIC) is poised to allow insurance companies to invest in non-investment grade bonds to seek higher investment returns amid a struggling economy, says a market source who requested anonymity.
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.
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).