Tag: Insurance
Loss-ridden insurance providers get licenses revoked after massive COVID claims
Thailand’s Finance Minister Arkhom Termpittayapaisith has revoked the business licenses of two financially-troubled Thai insurance companies, Southeast Insurance and Thai Insurance, effective today (Friday), following [Read More…]
COVID-19 Insurance Requirement Eased for Visitors
BANGKOK, Feb 23 (TNA) – The Center for COVID-19 Situation Administration reduced the minimum sum insured for COVID-19 insurance required from each visitor from US$50,000 [Read More…]
Ailing Thai insurance company confirms it is still operating
A major insurance company struggling with massive losses over COVID-19 compensations clarified today (Thursday) that it is still operating as usual, amid widespread concern among [Read More…]
COVID-19 causes closure of loss-ridden major insurance company
The Stock Exchange of Thailand (SET) was officially notified today (Wednesday) by Thai Group Holdings (TGH) of the decision of the board to close down [Read More…]
COVID Insurance Arranged for Visitors upon Arrival
BANGKOK, Jan 12 (TNA) – Government organizations arrange for COVID-19 insurance for visitors upon their arrival to solve their problems of lacking such insurance or [Read More…]
16 arrests in 20 million baht insurance fraud case
Police have arrested 16 people in raids on 15 locations for filing alleged false personal accident claims totalling 20 million baht, with insurers having already [Read More…]
Government Offers One Month of 100,000-Baht Accident Coverage
BANGKOK (NNT) – The Office of the Insurance Commission (OIC) is offering one month of 100,000-baht accident coverage at the cost of 10 baht until [Read More…]
Thais arriving from 45 low risk countries and Hong Kong to be treated like citizens of those countries
Thai citizens returning home by air from 45 “low risk” countries and Hong Kong will not be required to spend extended time in quarantine or [Read More…]
