Showing 1-10 of 36 results
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Viriyah sets aside B500m to back IT
Business, Darana Chudasri, Published on 11/03/2021
» Viriyah Insurance, the country's largest auto insurer, has earmarked a budget of 500 million baht starting from this year for advanced IT networking development to speed up the insurance claims process.
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Regulator nails down capital adequacy method
Business, Darana Chudasri, Published on 05/02/2021
» The Office of Insurance Commission (OIC) has approved the revision of its capital adequacy ratio (CAR) calculation method, broadening opportunities for local insurance companies to invest in foreign assets and diversify risks during the pandemic and amid low interest rates.
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TQM sets sights on third-tier market
Business, Darana Chudasri, Published on 16/12/2020
» TQM Corporation, the only SET-listed insurance broker, plans to penetrate the third-tier auto insurance market for vehicles that are more than 10 years old using the same concept as low-premium Covid insurance to tap into the market of 9.7 million uninsured old cars, says Unchalin Punnipa, TQM's chairman and president.
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OIC mulls extending relaxed measures
Business, Darana Chudasri, Published on 27/11/2020
» The Office of the Insurance Commission (OIC) is considering extending measures to relax insurance premium payments to help businesses and the public, initially scheduled to expire at the end of 2020.
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Saksiam gears up IPO-fuelled expansion
Business, Darana Chudasri, Published on 29/10/2020
» Saksiam Leasing, a medium-sized lender of retail and car title loans, is preparing to raise funds from an IPO this year to expand the business, aiming to double asset and branch numbers every three years.
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OIC: Car coverage continues to evolve
Business, Darana Chudasri, Published on 22/09/2020
» Car insurers are adjusting their product strategies to focus on short-term payments and insurance based on actual use as the market is expected to rebound in the second half of the year.
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OIC, DLT sign agreement on car insurance tracking
Business, Darana Chudasri, Published on 18/09/2020
» The Office of Insurance Commission (OIC) and the Department of Land Transport (DLT) will share real-time data on compulsory car insurance this year, aiming to reduce the number of uninsured vehicles on the road, especially motorcycles.
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Shrinking car sales prompt Tokio Marine to cut forecast
Business, Darana Chudasri, Published on 26/08/2020
» Tokio Marine Safety Insurance Thailand, the country's fourth-largest non-life insurer, has revised down its target for gross written premium this year to 17 billion baht, citing lower sales of new cars.
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BKI remains upbeat on 8% growth in premiums
Business, Darana Chudasri, Published on 28/05/2020
» Bangkok Insurance Plc (BKI) is confident its premium target of 22.8 billion baht, or 8% growth, is reachable this year on the heels of new insurance products, government megaprojects and crop insurance.
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OIC allows brief digital auto policies
Business, Darana Chudasri, Published on 24/04/2020
» The Office of the Insurance Commission (OIC) is poised to enable non-life insurers to offer digital auto insurance with coverage for less than a standard 12-month period as the public becomes more familiar with digital tools during the coronavirus crisis.
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