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
million and the loss sharing from Wisdom Tree Investment (S) PTE. Limited (Wisdom Tree”) which was Baht 2.57 million. The Company gained the profit sharing from investment in associated and joint ventures
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
proportion of average claim expenses over accident related to voluntary motor insurance increased from Baht 21,138 in the previous year to Baht 22,094 in the reported year. Net investment income, gains on
million and the loss sharing amount of Baht 6.01 million from Wisdom Tree Investment (S) PTE. Limited, which the Company recognized the net loss sharing Baht 0.57 million, comparing with the same period of
THE WISDOM brand to mark its 10th anniversary and maintain our leadership status through the delivery of extraordinary experience and knowledge to our clients under the Forward Your WISDOM concept. One
sharing from Mctric Public Company Limited (“Mctric”) which was Baht 10.04 million and the loss sharing from Wisdom Tree Investment (S) PTE. Limited (Wisdom Tree”) which was Baht 2.97 million. The Company