Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

THE TRUTH ABOUT: Oic orders phutthatham to suspend non life business - The Untold Story

OIC Insurance
The headquarters of the Office of Insurance Commission on Ratchadaphisek Road. (Photo: Pornprom Satrabhaya)

The board committee of the Office of Insurance Commission (OIC) has ordered Phutthatham Insurance Co to temporarily suspend its non-life insurance business due to the company's dire financial position.

OIC secretary-general Suttipol Taweechaikarn said the board of directors approved the decision for Phutthatham Insurance to temporarily suspend non-life insurance business as of May 27 because the company's financial position is unstable.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
The Strange Reason Some People Refuse to Spend Gift Cards
You probably have a gift card tucked inside a drawer, wallet, or forgotten birthday card somewhere in your home. Maybe you’ve been saving it for something special, even though you can’t remember what that special purchase was supposed to be.
Everybody Loves Your Money
Everybody Loves Your Money
Chili's Margarita Chemical Burn Incident Sparks Viral Outrage and Mass Lawsuit Predictions
Three customers and two employees fell ill after a degreasing chemical was used instead of margarita mix at a North Carolina Chili's; its food service permit was later reinstated.
International Business Times UK
International Business Times UK
New World Screwworm Hits Arizona Dog in Cochise County as New Mexico Confirms First U.S. Cat Case
Arizona confirmed its first New World screwworm case in a Cochise County dog as New Mexico reported the first U.S. cat case, prompting new warnings for pet owners.
Medical Daily
Medical Daily
Taylor Swift Wedding Decor Reportedly Burned After £22m Wedding as Fans Say 'Auction It Off'
An unverified report claims Taylor Swift and Travis Kelce's elaborate wedding decorations were transported in 11 lorries and allegedly incinerated, prompting criticism and online debate.
International Business Times UK
International Business Times UK
Unseen Harry Houdini writing published on 100th anniversary of his death
Strand magazine to feature never-before-seen article from Hungarian-born escapologist who was also a prolific author
The Guardian - US
The Guardian - US
‘Never big enough’: inside the booming penis enlargement industry
In a revealing documentary, a looksmaxxing-influenced world where ‘your social capital is tied to your appearance’ has led to more men wanting more
The Guardian - US
The Guardian - US
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play