General Insurance Article - Thailand to increase foreign insurer investment cap


 As Indian politicians continue to defer the decision to raise the cap on foreign insurer investment in domestic insurers, Thailand has raised its cap from 25 to 49%, according to the industry regulator, the Office of Insurance Commission(OIC).

 The change will be carried out in three phases.

 Insurance Newslink comments; This is a positive move to strengthen the domestic market following the catastrophic floods in the country.

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