value gains (losses) and other income totally increased by 16.9 million Baht, net claim expenses (less claim recovery from reinsurers) however rose by 33.32 million Baht. The ratio of net claim expenses
profit from underwriting decreased by 11.83 million Baht due to significant fact that earned premium and commission and brokerage income from reinsurers dropped by 4.3 million Baht. The ratio of net claim
the ratio of the claim expenses (including loss adjustment expenses) over net earned premium increased from 60.22% in the previous year to 61.59% in the reported year because of the fact that the
operated. General controls are implemented to ensure that all automated applications are developed, implemented, and maintained properly, and in addition, that the integrity of program and data files and of
underwriting amounted to Baht 7.95 million, an increase of Baht 16.08 million, as the ratio of net claims (less claim recovery from reinsurers) over earned premium during the same period last year decreased from
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
recognition of non-recurring income from the insurance claim under terrorism coverage of THB 3,500 mn (for the first nine months of 2018, CPN reported total revenue of THB 27,126 mn, an increase of 2.2% YoY
dispute to the Office, the claimant shall submit a statement of claim in the Form OrYor. 1 prescribed by the Office, together with documents and evidence as specified in such form and shall make sufficient
dispute to the Office, the claimant shall submit a statement of claim in the Form OrYor. 1 prescribed by the Office, together with documents and evidence as specified in such form and shall make sufficient