The collapse of a building under construction in Bangkok on March 28, 2025, following a powerful earthquake in Myanmar has sparked widespread public concern about the potential financial...

Thailand's Office of Insurance Commission (OIC) recently announced two Notifications regarding Timeframe Standards for Service Level Agreements, for both life and non-life insurance companies.

Thailand's Office of Insurance Commission (OIC) has released draft Notifications regarding Guidelines for Considering Qualifications and Suitability of Insurance Agents and Brokers to Manage Risks...

Thailand's Office of Insurance Commission (OIC) has issued a notification announcing new and updated criteria for the approval of capital reductions for both life and non-life insurance companies.

Thailand's Office of Insurance Commission (OIC) recently opened a public hearing on draft notifications regarding criteria, procedures, and conditions for naming life and non-life insurance brokerage businesses.

Thailand's Ministry of Finance (MOF) has issued a new notification easing foreign shareholding and board limits for life insurers.

Thailand's Anti-Money Laundering Office has released new guidelines on customer due diligence (CDD) for insurance companies to outline anti-money laundering and counter-terrorism financing...

Thailand's Office of Insurance Commission (OIC) has opened a public hearing period on a draft notification from the Ministry of Finance (MOF) that would relax foreign shareholding and board limits for life insurers.

Thailand's Office of Insurance Commission (OIC) has issued orders announcing the premium rates for insureds who purchase insurance policies directly from life and non-life insurance companies.

Tilleke & Gibbins' insurance specialists have contributed to Thomson Reuters' comprehensive country update on Thailand's insurance regulatory framework, covering critical areas from operational permissions to data protection requirements. The guide serves as an essential resource for insurers navigating the Thai market's complex regulatory landscape.

The Office of Insurance Commission (OIC) is seeking public comments on their recently released draft guidelines on Thailand's insurance regulatory sandbox

On April 11, 2025, Thailand's Office of Insurance Commission (OIC) released draft principles for two notifications for public comment, open until the end of April.

Thailand's Ministry of Interior has issued new regulations requiring owners, occupants, and operators of certain types of buildings to obtain third-party life, body, and property liability insurance.

Insurance companies are required to institute a written IT security policy, which must be reviewed at least once a year or upon implementing any significant changes.

In addition, the industry is waiting for the enactment of the new Insurance Business Law, which will implement a complete modernization of insurance regulation in Myanmar.

Thailand's Office of Insurance Commission (OIC) has opened a public hearing period on its amendments of notifications concerning the timeframe for an insurance company...

Thailand’s Office of the Insurance Commission (OIC) has published two parallel sets of draft regulatory amendments for public hearing—one governing non-life insurance and the other governing life insurance.

Thailand's Personal Data Protection Act (PDPA) enforcement has entered a new phase, and the insurance industry is squarely in the regulatory spotlight.

Important insurance lessons can be learnt from the Thai floods, particularly the need for clarity in insurance policies.

The Office of Insurance Commission, under the supervision of the Ministry of Finance (OIC) regulates insurers, brokers and agents.