Act 1992 status not recorded
Non-life Insurance Act, B.E. 2535 (1992)
Issued by Office of the Insurance Commission
Plain-English summary
Limits non-life insurance to public limited companies licensed by the Minister with Cabinet approval (Section 6), requires a security deposit with the Registrar and technical reserves (Sections 19 and 23), and lets the Registrar order improvements, a capital change or a temporary halt to underwriting (Section 52). The OIC's unofficial translation notes amendments up to Act (No. 3), B.E. 2558 (2015).
Who it applies to
Insurance
Topics
Prudential & Capital Insurance & Pensions
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