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SMK lashed over Covid termination
Business, Darana Chudasri, Published on 17/07/2021
» Thailand's regulator warned Syn Mun Kong Insurance (SMK) on Friday that it cannot arbitrarily terminate Covid-19 insurance contracts with lump-sum payments, threatening legal action or fines if the insurer moves forward with its plan.
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.