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Search Result for “damage”

Showing 1 - 10 of 96

BUSINESS

EV insurance demand surges amid expensive claims

Nuntawun Polkuamdee, Published on 29/12/2025

» Thailand's electric vehicle (EV) insurance market is expanding at an unprecedented pace, tracking rapid growth in EV sales dominated by Chinese brands, which have overtaken Japanese automakers in market share.

BUSINESS

New auto repair rules set higher standards

Business, Nuntawun Polkuamdee, Published on 17/12/2025

» The Thai General Insurance Association (TGIA) has moved to strengthen consumer protection and industry transparency by introducing a unified standard for auto repair timelines, meant to improve claims efficiency and enhance public confidence in the non-life insurance industry.

BUSINESS

Rate cut likely at Monetary Policy Committee meeting next week

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

» Analysts expect the Bank of Thailand's Monetary Policy Committee (MPC) to cut its policy rate by 0.25 basis points (bps) at next week's meeting, following the US Federal Reserve's latest move as multiple pressures weigh on the domestic outlook.

BUSINESS

Analysts expect crypto bull market to persist

Business, Nuntawun Polkuamdee, Published on 03/11/2025

» Renewed US-China trade tensions sparked a massive sell-off in the crypto market last month, with Bitcoin plunging from US$122,000 to $107,000 at one point, but analysts are referring to it as a "deep but temporary" reset, adding the bull cycle is not over yet.

BUSINESS

Strengthening of SEC power facing delay

Business, Nuntawun Polkuamdee, Published on 21/10/2025

» The royal decree that would grant the stock market regulator the authority to submit case files directly to the public prosecutor, bypassing the police as an intermediary, may be indefinitely delayed, as it requires the approval of parliament, says the Stock Exchange of Thailand (SET).

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

Non-life growth seen falling short

Business, Nuntawun Polkuamdee, Published on 23/09/2025

» The non-life insurance industry's rate of growth is projected to fall below expectations at only 2.5% this year, but stronger expansion could be seen next year, driven by economic stimulus under the new government and increased consumer and business spending following the upcoming election.

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

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.

BUSINESS

Bourse urges investor caution on MORE shares

Business, Nuntawun Polkuamdee, Published on 18/04/2025

» The Stock Exchange of Thailand (SET) has issued a warning to investors, urging them to consider attending the annual general meeting (AGM) of More Return Plc (MORE) on Friday, while thoroughly reviewing the proposed capital increase of 30% of the company's capital.