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BUSINESS

Tisco introduces 3-year strategic plan

Business, Nuntawun Polkuamdee, Published on 15/01/2026

» Tisco Financial Group sees selective business expansion, greater operational efficiency through artificial intelligence (AI) and digital solutions, and disciplined risk management as critical for it to deliver sustainable growth from 2026-2028 amid a challenging economic backdrop.

BUSINESS

Premium rise for big projects

Business, Nuntawun Polkuamdee, Published on 08/10/2025

» The recent road collapse caused by a sinkhole in front of Vajira Hospital has drawn attention to insurance coverage for large-scale construction projects in Bangkok, with industry executives saying rising risks in the capital could push up premiums for large projects in the future.

BUSINESS

Viriyah makes AI a priority within its long-term strategy

Business, Nuntawun Polkuamdee, Published on 07/10/2025

» Viriyah Insurance, Thailand's largest non-life insurer, is charting a course into the digital era by placing artificial intelligence (AI) at the centre of its long-term strategy in order to retain its leading market position.

BUSINESS

Call for caution amid market volatility

Business, Nuntawun Polkuamdee, Published on 23/04/2025

» The Thai Financial Planners Association (TFPA) advises investors to adjust their portfolios during market volatility over the next 3-6 months by reducing exposure to high-risk assets, increasing holdings in high-liquidity assets, and favouring Chinese equities over US stocks.

BUSINESS

Earthquake insurance prices set to rise after Bangkok damage

Business, Nuntawun Polkuamdee, Published on 01/04/2025

» The insurance industry is preparing to mitigate the impact of natural disaster risks after most parts of Thailand, including Bangkok, were hit by a strong earthquake on Friday, pointing out that free earthquake coverage would no longer be available.

BUSINESS

BKI considers investment in EV repair garage facilities

Business, Nuntawun Polkuamdee, Published on 28/03/2025

» Bangkok Insurance (BKI), a non-life insurer majority-owned by Bangkok Bank, is studying a plan for a joint venture with Chinese investors to establish a repair garage for electric vehicles (EVs), in a bid to support the company's long-term growth potential.

BUSINESS

Industry forecast to increase 2-3% in 2025

Business, Nuntawun Polkuamdee, Published on 21/02/2025

» Thailand's insurance industry is projected to grow by 2-3% this year, driven by increasing public awareness of rising medical inflation, an ageing society and the extension of the health insurance coverage age to 80, says the Thai Life Assurance Association (TLAA).

BUSINESS

Regulator picks premiums to hit B1tn this year

Business, Nuntawun Polkuamdee, Published on 05/02/2025

» Life and non-life insurance businesses should expand this year, driving the industry's overall premiums to 1 trillion baht if economic growth continues, says the Office of the Insurance Commission (OIC).

BUSINESS

Thai insurers expect stronger growth next year

Business, Nuntawun Polkuamdee, Published on 25/12/2024

» The insurance industry is projected to grow by 1.5-2.5% next year to achieve total premiums of around 291-294 billion baht, supported by economic and tourism recovery, said the Thai General Insurance Association (TGIA).

BUSINESS

Krungthai Panich Insurance eyes 10% premium growth in 2025

Business, Nuntawun Polkuamdee, Published on 20/12/2024

» Krungthai Panich Insurance (KPI) wants to grow its total premiums by 10% next year amid concerns about rising natural disaster risks, the use of new accounting standards, and risks from electric vehicle (EV) insurance.