Showing 1 - 10 of 50
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 claims snowball in last 45 days
Business, Darana Chudasri, Published on 07/07/2021
» Total claims for Covid insurance ballooned to 1.77 billion baht in the first half of the year from 588 million baht as of May 15, says the Office of the Insurance Commission (OIC) secretary-general Suthiphon Thaveechaiyagarn.
OIC to step up measures against fraud
Business, Darana Chudasri, Published on 06/07/2021
» The Office of Insurance Commission (OIC) is coordinating with health insurance-related agencies to curb a rapid increase in incidents of insurance fraud.
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.
Covid insurance continues surge in April
Business, Darana Chudasri, Published on 14/05/2021
» Accumulated Covid insurance premiums spiked by 2.2 billion baht from 6.45 million policies in April, driving the total premiums received to 7.15 billion baht over 14 months since the beginning of the pandemic.
Tidlor share prices rally on market debut
Business, Darana Chudasri, Published on 11/05/2021
» Shares of Ngern Tid Lor Co Ltd (Tidlor), a microcredit provider under Bank of Ayudhya (BAY), rallied 25.34% above its initial public offering (IPO) price of 36.50 baht, hitting 55.50 baht before closing at 45.75 baht on Monday, in its debut on the Stock Exchange of Thailand (SET).
TGH gears up for service integration
Business, Darana Chudasri, Published on 19/03/2021
» SET-listed Thai Group Holdings (TGH), the insurance arm of the TCC Group controlled by tycoon Charoen Sirivadhanabhakdi, has added two more business units -- consumer finance and health and wellness -- to vertically integrate services geared towards an ageing society.
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.
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.