INSURANCE
Insurers urge tariff rejig ahead of AEC
Thailand has highest non-life tariffs in Asia
- Published: 1 Oct 2012 at 00.00
- Newspaper section: Business
Local insurers are calling on the government to help map out a new strategic plan, particularly for tariff deregulation, in a move aimed at accommodating the domestic industry to imminent Asean economic integration.
Chai: Consumers due cheaper premiums
"The time is now ripe for the government sector to get more serious about tariff deregulation to prepare for the Asean Economic Community (AEC) in 2015 and world trade liberalisation over the next eight years," said Chai Sophonpanich, chairman of SET-listed Bangkok Insurance at a seminar during the Insurance Week from Sept 28-30 at Queen Sirikit National Convention Center.
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