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Creditors’ rights over the life insurance of debtors
- Tilleke & Gibbins
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- Thailand
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- May 3 2013
A person's debts do not come to an end just because he or she has died. After the debtor has passed away, the creditor is entitled to seek repayment
Taking a look at myths and truths in the life insurance industry
- Tilleke & Gibbins
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- Thailand
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- September 7 2012
The business of life insurance today in Thailand is very competitive
Office of Insurance Commission issues new relief measures, relaxing capital charge requirements for flood-affected insurance companies
- Baker & McKenzie
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- Thailand
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- March 23 2012
In response to the 2011 flood crisis, which caused massive damage on a scale not accounted for in normal insurance underwriting, the Office of Insurance Commission (OIC) has issued two notifications to help non-life insurance companies maintain their minimum capital charge requirements under the new risk-based capital requirement (RBC
Conversion requirements demand expedient action from insurance companies
- Baker & McKenzie
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- Thailand
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- February 22 2012
The Life Insurance Act (No. 2) B.E. 2551 (2008) and Non-life Insurance Act (No. 2) B.E. 2551 (2008) (collectively referred to as the “Insurance Acts”) prescribe numerous noteworthy requirements, one of which concerns the legal status of Thai life and non-life insurance companies as public companies
Significant changes to insurance broker regulations now in effect
- Baker & McKenzie
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- Thailand
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- January 11 2012
On 27 December 2011, the Office of Insurance Commission (the “OIC”) issued a notification titled, “Criteria and Conditions Respecting Issuance of Insurance Broker Licenses to Juristic Persons, B.E. 2554,” affecting both life and non-life insurance brokers, (the “New Broker Regulations”
Thai floods: key issues for your business
- Rajah & Tann LLP
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- Thailand
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- November 17 2011
The recent floods have inundated much of Thailand's central plains and the northern and western districts of Bangkok
Thai floods local law and coverage issues
- RPC
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- Thailand, United Kingdom
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- November 14 2011
Exceptional monsoon rain since late July has caused the worst fl ooding in Thailand for half a century
Southeast Asia insurance market
- Herbert Smith Freehills LLP
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- Indonesia, Malaysia, Singapore, Thailand
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- November 1 2010
The first nine months of 2010 have seen a significant upsurge in M&A activity in the insurance sector in Southeast Asia (and beyond) as established players look to the region for growth opportunities and domestic consolidation continues
Risk-based capital requirements for non-life insurers
- Norton Rose LLP
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- Thailand
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- August 31 2008
The Thai Office of the Insurance Commission (OIC) plans to issue new regulations to introduce risk-based capital requirements for non-life insurance companies later this year
Thai legal updater
- Norton Rose LLP
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- Thailand
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- January 24 2008
The Thai legislature has approved a new Financial Institution Act (FIA) which will replace and consolidate into a single Act the existing principal bodies of legislation that regulate Thai financial institutions
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