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OIC envoys’ visit sparks hope for trade, tourism in Thailand’s South
FRIDAY, JUNE 14, 2024
Ambassadors from eight Organisation of Islamic Cooperation (OIC) countries visited Thailand’s southern border provinces recently to study the multicultural society and potential for trade, investment, tourism and education.
Insurance companies warned of higher risks in covering electric vehicles
THURSDAY, FEBRUARY 15, 2024
The Office of Insurance Commission (OIC) on Thursday warned insurance companies to exercise caution when accepting insurance for electric vehicles (EV), after an American EV-maker recalled over 2 million units due to a malfunction in the autopilot system.
Insurance premium on EVs to be maintained at current rate
TUESDAY, MARCH 14, 2023
Insurance companies have agreed to keep insurance premium for electric vehicles at the current level even though the payout for EV repairs and maintenance tends to be higher than that of internal combustion engine vehicles.
Chonburi pub was not insured against fire, OIC finds
SATURDAY, AUGUST 06, 2022
The Chonburi pub that caught fire in the early hours of Friday, killing 14 and injuring 41 others, had no fire insurance, the Office of Insurance Commission (OIC) said.
Victims of U-turn bridge collapse to get THB80,000-500,000 compensation
WEDNESDAY, AUGUST 03, 2022
Victims of a U-turn bridge collapse on Rama II Road will be given compensation ranging from 80,000 to 500,000 baht under the terms of respective insurance companies, the Office of Insurance Commission (OIC) announced on Tuesday.
Shophouse where Sampheng market blaze began has no insurance: OIC
TUESDAY, JUNE 28, 2022
The Office of the Insurance Commission (OIC) is urging businesses to insure their properties against fire after learning that the Sampheng market shophouse where the Sunday fire broke out was not insured.
OIC secretary-general visits Bangkok Insurance’s head office
THURSDAY, APRIL 28, 2022
(PR News) Dr. Apisit Anantanatarat, Chief Executive Officer and President of Bangkok Insurance Pcl (BKI) on April 20 welcomed Suttipol Taweechaikarn, secretary-general of the Office of Insurance Commission (OIC) on his official visit to the company’s head office at Bangkok Insurance Building on South Sathorn Road in Bangkok.
Insurance regulator suing 2 companies over Bt18bn in unpaid Covid claims
SATURDAY, APRIL 02, 2022
The Office of Insurance Commission (OIC) will take legal action against executives of two companies after they failed to honour Covid-19 claims totalling more than 18 billion baht.
OIC sets rules for coverage of Covid-19 policyholders in isolation
SATURDAY, MARCH 19, 2022
Insurance companies in Thailand have been instructed to cover treatment expenses and daily compensation for Covid-19 policyholders who need to isolate even if these conditions are not included in the policy.
OIC announces new rules for Covid-19 insurance payments
THURSDAY, MARCH 17, 2022
The Office of Insurance Commission (OIC) has come out with guidelines on insurance payment for treatment of Covid-19 policyholders under home isolation (HI), community isolation (CI) or hotel isolation.
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