The 14th edition of the Insurance Outlook, researched and written by our knowledgeable lawyers in the Insurance Practice Group, offers an overview of the insurance sector in Thailand and is intended as an informative digest of the insurance sector’s most prominent aspects based on the latest reported data.
Background and Rationale Trust, honesty and responsibility to the insured and the public are the key pillars of the insurance industry. These pillars are generally reinforced through the maintenance of good corporate governance. With an aim to promote and ensure corporate governance, the Office of Insurance Commission (the “OIC”) published…