Showing 1 - 10 of 11
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.
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.
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.
Insurers prepare for more global disasters
Business, Nuntawun Polkuamdee, Published on 08/10/2024
» The insurance industry is facing the consequences of growing geopolitical conflicts as well as natural disasters, prompting insurers to prepare for greater business risks, according to participants at the 23rd conference of the Association of Insurers and Reinsurers of Developing Countries (AIRDC).
Flood relief hurts listed banking firms
Business, Nuntawun Polkuamdee, Published on 30/08/2024
» The government's flood relief measures will hurt the banking and non-banking sectors on the Stock Exchange of Thailand (SET), while companies related to home repairs should benefit, say analysts.
Insurance pushed for natural disasters
Business, Nuntawun Polkuamdee, Published on 15/05/2024
» The Office of the Insurance Commission (OIC) has issued a warning to high-rise building operators, farmers and the public to obtain insurance coverage for properties to deal with mounting natural disaster risks.
Asian shares fall as rate fears return
Business, Nuntawun Polkuamdee, Published on 08/10/2022
» RECAP: Asian markets fell yesterday as optimism that had fuelled earlier buying gave way to nervousness ahead of a US jobs report that could determine Federal Reserve rate hike plans.
Two firms file lawsuit against OIC head
Business, Nuntawun Polkuamdee, Published on 18/01/2022
» Southeast Insurance and Thai Insurance filed a lawsuit against Suttipol Taweechaikarn, secretary-general of the Office of Insurance Commission (OIC), accusing him of unlawfully forbidding insurance firms from terminating Covid insurance policies with a lump sum payment and causing serious damage to the companies.
Floods prompt warning from trade group
Business, Nuntawun Polkuamdee, Published on 01/09/2021
» The Thai General Insurance Association (TGIA) has warned policyholders to prepare for heavy flooding and closely monitor the situation, as only a small number of buyers have full coverage for property damage caused by natural disasters.