process in line with the current economic environment, international standards and relevant laws. The key points of revision are: (1) To increase the amount of damage claim eligible for entering the
million baht, due to the increase of claim and loss adjustment expenses net of reinsurance in the amount of 85.12 million baht because there are several major claim incurred in this year. At the same time
that, operating expenses rose by Baht 5.42 million because of the increase of the amount of employee benefit obligations in according with the accounting standard. The ratio of net claim expense over
assets which are rights of claim and the change of the agent to collect and receive payments of debt in accordance with Paragraph 2 of Section 15 of the SPV Act. This would allow the private sector clear
The Initiative launch and the Declaration of Intent ceremony took place today at the Royal Thai Army Club, Vibhavadi-Rangsit Road. The opening ceremony was presided over by General Paiboon
monitor investee companies responsibly for clients? best interest. Declaration of voluntary compliance with the I Code is expected for launch in 2017 and the disclosure of information based on the I Code
change include: - Lifting the requirement for pre-declaration of intent by RMF / LTF unitholders regarding obligatory transfer in case of fund dissolution; - Allowing asset management companies to use