Thailand’s Office of Insurance Commission (OIC) convened a public hearing on the draft Fifth Insurance Development Plan for 2026–2030, inviting industry input on the strategic framework intended to guide Thailand’s insurance sector from 2026. The draft plan sets a vision for the insurance system to support economic growth and national risk management, and highlights future-facing challenges including climate-driven severe disasters, Thailand’s transition to a super-aged society, and the expanding use of digital technology in insurance. The hearing drew more than 229 participants from industry associations, insurers and the OIC, with themes raised including the impact of low interest rates and rising health insurance costs on life insurance, structural changes to motor insurance linked to electric-vehicle growth, and suggestions to further develop the OIC’s Insure Mall access channel. Following the hearing, the OIC will consolidate and assess feedback to refine the draft plan before submitting it to the OIC Board for consideration and approval.

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