Office of Insurance Commission, Thailand
E682204
The Office of Insurance Commission, Thailand is the national regulatory authority responsible for overseeing and supervising the country’s insurance industry and protecting policyholders’ interests.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Office of Insurance Commission, Thailand canonical | 1 |
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
financial regulatory authority
ⓘ
government agency ⓘ insurance regulator ⓘ |
| abbreviation | OIC NERFINISHED ⓘ |
| collaboratesWith |
Bank of Thailand
NERFINISHED
ⓘ
Ministry of Finance of Thailand NERFINISHED ⓘ Securities and Exchange Commission, Thailand NERFINISHED ⓘ |
| country | Thailand ⓘ |
| function |
approval of insurance products and policy forms
ⓘ
consumer protection in the insurance sector ⓘ enforcement of insurance laws and regulations ⓘ handling of insurance-related complaints ⓘ issuing regulatory guidelines and notifications ⓘ licensing of insurance companies ⓘ licensing of insurance intermediaries ⓘ market conduct supervision of insurers ⓘ monitoring solvency of insurance companies ⓘ off-site monitoring of insurers ⓘ on-site inspections of insurers ⓘ promotion of insurance literacy ⓘ prudential supervision of insurers ⓘ setting capital adequacy requirements for insurers ⓘ |
| hasHeadquartersIn | Bangkok NERFINISHED ⓘ |
| isPartOf | public sector of Thailand ⓘ |
| jurisdiction | Thailand NERFINISHED ⓘ |
| languageOfOperation |
English
ⓘ
Thai ⓘ |
| legalAuthority | insurance laws of Thailand ⓘ |
| objective |
ensuring fair treatment of policyholders
ⓘ
maintaining confidence in the insurance sector ⓘ promoting development of the insurance market in Thailand ⓘ |
| purpose |
promotion of fair insurance market practices
ⓘ
promotion of stability of the insurance system ⓘ protection of policyholders ⓘ supervision of insurance companies ⓘ |
| regulates |
insurance brokers in Thailand
ⓘ
insurance industry in Thailand ⓘ life insurance companies in Thailand ⓘ non-life insurance companies in Thailand ⓘ reinsurance business in Thailand ⓘ |
| sector |
financial regulation
ⓘ
insurance supervision ⓘ |
| supervises |
insurance adjusters in Thailand
ⓘ
insurance agents in Thailand ⓘ insurance brokers in Thailand ⓘ |
| website | https://www.oic.or.th ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
Bank of Thailand