Page 100 - TGIA_AnnualReport2012

Report of the Thai General Insurance

Association Activities

1. Hosting the 38 ASEAN Insurance Council Meeting
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The Thai General Insurance Association, the Office of Insurance Commission and the Thai Life Assurance
Association jointly hosted the 38 ASEAN Insurance Council Meeting between December 12-14, 2013 at the
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Shangri-la Hotel, Bangkok.

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2. Joining the 26 East Asian Insurance Congress (EAIC)
The Thai General Insurance Association assigned the following representatives to join the 26 East Asian
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Insurance Congress (EAIC) under the topic “Transforming the East Asian Insurers-Time for Action Now” held between
October 29 to November 2, 2013 in Kuala Lumpur, Malaysia.
1. Mr. Jiraphant Asvatanakul : President, Chief Delegate
2. Mr. Vichai Santimahakullert : Chairman of Property Insurance Committee, Panelist

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3. The 4 Insurance Week
The Thai General Insurance Association joined the 4 Insurance Week, organized between September 28-30,
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2012 at the Queen Sirikit Convention Center to provide knowledge and understanding on general insurance and to
provide training and agency/broker license exam services.

4. Joining as Members of the Following Working Groups Set Up by the Office of Insurance
Commission
4.1 New Insurance Act, B.E….Working Group: This group has been set up to conduct a comparative study
on insurance laws and regulations in Thailand and foreign countries with an aim to prepare for the advent
of the AEC.
4.2 Bureau System (IBS) Working Group: To participate in laying out direction for the management of
insurance-related statistical information.

4.3 Product and Premium Rate Working Group: To participate in a process to lay out direction and framework
for supervision of products and their premium rating to be in line with the ASEAN Economic Community
standard.
4.4 Micro Insurance Working Group: To participate in a process to formulate policies related to the promotion
and development of insurance products and channel of distribution for micro insurance products.
4.5 The National Catastrophe Insurance Fund Sub-Committee: To participate in a process to set the features,
criteria and conditions for this type of insurance.
4.6 Motor Insurance Market Liberalization Working Group: To participate in the laying out of direction for
liberalization of motor insurance market.

4.7 General Insurance Fund Committee Member: The Fund has been set up to protect the creditors by
ensuring that they will get paid in a case where a company, licensed to engage in general insurance
company is bankrupted or revocation of business license. The goal is to promote prudence and stability
in general insurance business.

98 รายงานประจ�าปี 2555 | Annual Report 2012