Clifford Chance
Thailand: Amendments to Life and Non-life Insurance Acts
1 April 2015
The third amendments to the Thai Life Insurance Act and the Non-life Insurance Act B.E.2535 (1992) (the "Amendment Acts") took effect on 6 March 2015. The key amendments concern, amongst other things, shareholding structure, source and management of insurance funds, and the liquidation process for insurance companies.
