expense over earned premium moreover increased from 58.1 % in the same period last year to 63.5% this year because the term and condition of compulsory motor policies had been adjusted in accordance with
three-month period ended September 30, 2019 is THB 58.91 million, an increase of THB 31.19 million (112.5%) relative to last year quarter’s. This is mainly due to the following factors: 1. Motor insurance
152.3 million in Q3 2022. The reduction mainly came from the following reasons: 1. No share of profit from Hyundai Motor (Thailand) (AH holds 20%) which stopped the business operation since Hyundai Motor
reasons: 1. No share of profit from Hyundai Motor (Thailand) (AH holds 20%) which stopped the business operation since Hyundai Motor Group has started the business operation in Thailand under Hyundai
Results Analysis on Previous Operation According to the economic situation in 2016, the capacity and sales of automobile and motorcycle manufacturing industry which is the main business unit of the Company
reservation in the 39th Bangkok International Motor Show was high, plenty of new model were launched especially the affordable price of SUV, increasing of private sectors’ investment, several infrastructure
: Thailand Automotive Industry Total vehicle production volume in Jan-Mar 2017 was 485,555 units, which was 4.2% lower than a production volume of 506,874 units during Jan-Mar 2016. This year-on-year decrease
amount of Baht 47.69 million, due to several large claims incurred in this quarter and also the increase of company’s retention in motor compulsory business. 2. The decrease of net investment revenue and
over net earned premium increased from 57.77% in the same quarter last year to 62.51%, as the terms and conditions of compulsory motor insurance had been adjusted in accordance with the notification of
declined from 63.48% to 58.46% mainly because the Company had adjusted the premium rate and condition of some non-motor policies. The overall loss ratio therefore was in decline. 2. Net investment revenue