Showing 1 - 10 of 46
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.
Court to declare former Stark executive bankrupt
Nuntawun Polkuamdee, Published on 30/10/2025
» The Central Bankruptcy Court is set to issue a ruling declaring Vonnarat Tangkaravakoon, former executive and major shareholder of scandal-plagued Stark Corporation (STARK), bankrupt, with orders to distribute assets to 3,417 creditors whose combined claims total 131.4 billion baht.
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.
Executives advise caution for EV insurers
Business, Nuntawun Polkuamdee, Published on 09/06/2025
» Thailand's non-life insurance sector is on high alert as reports circulate that a Chinese electric vehicle (EV) manufacturer active in the Thai market may face bankruptcy, hinting that EV insurance is already a loss-making business.
Crypto mule account battle heats up
Business, Nuntawun Polkuamdee, Published on 15/04/2025
» The Securities and Exchange Commission (SEC) is stepping up efforts to crack down on digital asset mule accounts by tightening control on the use of foreign platforms for money laundering to protect the public.
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.
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.
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.
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).
Firms prep compensation for fire victims
Business, Nuntawun Polkuamdee, Published on 04/10/2024
» The Office of the Insurance Commission (OIC) has coordinated with insurance companies to provide compensation to families of the deceased and injured from the school bus fire on Tuesday, with initial compensation of 660,000 baht per person.