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Search Result for “OIC”

Showing 1 - 10 of 37

BUSINESS

Regulator eases investment rules for insurance firms

Nuntawun Polkuamdee, Published on 18/12/2025

» The Office of the Insurance Commission (OIC) has eased investment restrictions on insurance companies, lowering equity risk charges to allow insurers to invest more in the Thai stock market.

BUSINESS

Prescription scheme wins insurers' nod

Business, Nuntawun Polkuamdee, Published on 13/12/2025

» The Office of Insurance Commission (OIC) and the insurance industry have officially endorsed the government's "Sukkai Sabai Krabao" (Healthy Body, Comfortable Wallet) initiative, which allows patients treated at private hospitals to use their prescriptions at participating outside pharmacies.

BUSINESS

Thai Life agent has licence cancelled

Business, Nuntawun Polkuamdee, Published on 12/12/2025

» The Office of Insurance Commission (OIC) has revoked the licence of a life insurance agent of Thai Life Insurance Plc, after uncovering a large-scale premium fraud scheme that caused losses estimated in the hundreds of millions of baht.

BUSINESS

Alert for insurance buyers from unlicensed firms

Business, Nuntawun Polkuamdee, Published on 05/11/2025

» The Thai Life Assurance Association (TLAA) has issued a warning to the public against purchasing life or health insurance policies from unlicensed foreign entities operating online.

SUSTAINABILITY

Insurance sector goes green

Business, Nuntawun Polkuamdee, Published on 27/10/2025

» At its core, the insurance business is about managing risks, including those related to environmental, social and governance (ESG) factors. As sustainability requirements change the business landscape, insurers are increasingly realising the importance of integrating the ESG agenda into their corporate strategies.

BUSINESS

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.

BUSINESS

OIC orders insurer to raise capital base

Business, Nuntawun Polkuamdee, Published on 11/07/2025

» The Office of the Insurance Commission (OIC) has ordered KWI Insurance to urgently increase its paid-up capital by at least 30 million baht this month, while maintaining a temporary suspension on new policy issuance.

BUSINESS

Initiative to regenerate insurance

Business, Nuntawun Polkuamdee, Published on 14/04/2025

» The Office of the Insurance Commission (OIC) is preparing to launch an open insurance system, unlocking the industry in the digital era with a transparent, secure, and standardised data ecosystem.

BUSINESS

Insuring against earthquake risk

Business, Nuntawun Polkuamdee, Published on 05/04/2025

» The 7.7-magnitude earthquake that struck Myanmar and parts of Thailand on March 28 left significant cracks in high-rise buildings in Bangkok and surrounding provinces.

BUSINESS

Economy unshaken, says govt

Nuntawun Polkuamdee, Published on 30/03/2025

» Finance Minister Pichai Chunhavajira believes the recent earthquake has had no effect on the economy and pledged further assistance for victims, as reports emerged that up to 5,500 buildings across the capital may have been damaged. Total losses may reach 100 billion baht.