By Charoen Kittikanya, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Jun. 25--The General Insurance Association plans to set up a rating bureau to work out reference rates for premiums on all types of general insurance products as a part of its self-regulatory measures to strengthen the industry.
Having reference rates would give member insurers better guidelines in pricing their products, said Suchin Wanglee, president of the association.
"The rating bureau's establishment is a part of stepped-up self-regulation of the non-life