Showing 1 - 10 of 42
Insurers brace for rise in Covid claims
Business, Darana Chudasri, Published on 26/07/2021
» Covid-19 insurers are preparing for an increase in claims as the number of new cases per day keeps setting records.
Covid-related claims could hit B3bn as cases continue to rise
Business, Darana Chudasri, Published on 26/05/2021
» Total claims from Covid-19 insurance could soar to 3 billion baht this year as daily infections continue to rise, says Thai General Insurance Association (TGIA) president Anon Vangvasu.
Rising metal prices to affect key industries
Business, Darana Chudasri, Published on 28/04/2021
» Rising commodity prices due to a rise in domestic consumption is expected to negatively impact the construction, electrical appliance and electronic component industries, analysts say.
Viriyah sets aside B500m to back IT
Business, Darana Chudasri, Published on 11/03/2021
» Viriyah Insurance, the country's largest auto insurer, has earmarked a budget of 500 million baht starting from this year for advanced IT networking development to speed up the insurance claims process.
TQM sets sights on third-tier market
Business, Darana Chudasri, Published on 16/12/2020
» TQM Corporation, the only SET-listed insurance broker, plans to penetrate the third-tier auto insurance market for vehicles that are more than 10 years old using the same concept as low-premium Covid insurance to tap into the market of 9.7 million uninsured old cars, says Unchalin Punnipa, TQM's chairman and president.
MTL keeps CLMV push up as Thais age
Business, Darana Chudasri, Published on 10/12/2020
» Muang Thai Life Assurance (MTL) is continuing its aggressive move into the Cambodia, Laos, Myanmar, Vietnam and Thailand (CLMVT) region to acquire a larger market with a more balanced demographic profile, as Thailand becomes a full-fledged ageing society in 2021, said Sara Lamsam, MTL's president.
OIC mulls extending relaxed measures
Business, Darana Chudasri, Published on 27/11/2020
» The Office of the Insurance Commission (OIC) is considering extending measures to relax insurance premium payments to help businesses and the public, initially scheduled to expire at the end of 2020.
CIMBT hunts for edge after US poll
Business, Darana Chudasri, Published on 04/11/2020
» Thailand should maintain strong relationships with both the US and China, no matter who becomes the next US president, says CIMB Thai Bank (CIMBT).
Sompo clinches CIMB deal
Business, Darana Chudasri, Published on 31/10/2020
» Sompo Insurance Thailand, a non-life subsidiary of Japanese insurer Sompo Holdings, has clinched a 15-year exclusive bancassurance deal with CIMB Thai Group, aiming to raise its gross written premiums (GWP) by 1 billion baht next year.
Dispute bypass cut holder complaints by some 30%
Business, Darana Chudasri, Published on 14/10/2020
» The number of insurance complaints declined by about 30% in the first nine months of this year, after the Office of the Insurance Commission (OIC) allowed voluntary insurance policyholders with coverage of less than 2 million baht to receive claims without a dispute.