Showing 1 - 10 of 149
Covid policy adjustment to help isolating patients
Business, Darana Chudasri, Published on 03/08/2021
» New Covid-19 insurance products are being developed by Thai insurers to cover patients taking part in the Public Health Ministry's home and community isolation scheme, according to a government regulator.
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.
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.
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 lump sum payouts set to be axed amid rising cases
Business, Darana Chudasri, Published on 29/06/2021
» Insurance companies will likely stop making lump sum Covid-19 insurance payments as the number of local Covid-19 cases has surpassed 200,000, leading firms to review the processes of their products, says Anon Vangwasu, president of the Thai General Insurance Association (TGIA).
TBMA eyes B1tn in corporate bond issuance for this year
Business, Darana Chudasri, Published on 23/06/2021
» The issuance of corporate bonds is expected to reach 1 trillion baht this year if the same growth rate continues in the second half, as businesses seek capital to weather a prospective global interest rate hike next year, says Thai Bond Market Association (TBMA) president Tada Phutthitada.
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.
SPV77 ready to raise B2.4bn in ICO
Business, Darana Chudasri, Published on 22/05/2021
» SPV77 Co Ltd plans to raise 2.4 billion baht through the launch of 240 million real estate-backed digital tokens, priced 10 baht each, in Thailand's first initial coin offering (ICO) filed for approval with the Securities and Exchange Commission (SEC).
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.