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Bangkok Post

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Southeast Insurance, Thai Insurance ordered to suspend non-life policy sales

People with unpaid Covid-19 insurance claims queue in front of the Office of the Insurance Commission to file complaints on Tuesday. About 4,000 were Thai Insurance policy holders and about 3,000 were with Southeast Insurance. (Photo: Nutthawat Wicheanbut)

The Office of Insurance Commission (OIC) has ordered two insurance firms, Southeast Insurance and Thai Insurance, to temporarily suspend the sale of their non-life policies.

Secretary-general Suttipol Taweechaikarn said on Thursday the OIC board had set conditions the two firms must comply with.

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