Building Confidence in the Capital Market No. 179/2014 SEC notifies ABC to rectify Q3/2014 financial statements Bangkok, December 17, 2014 – The SEC notified Asset Bright Plc. (ABC) to rectify its Q3
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
still expanding and has a bright future as well as continue to seek stability, safety and consider to all interested persons. Please be informed accordingly. Sincerely Yours, Mr.Thakoon Boonparn Managing
last year as a result of borrowing from financial institutions to invest in ABOVE Sukhumvit 39 project and the company’s working capital. Please be acknowledged accordingly, Yours truly, Asset Bright
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
previous quarterly To: The President The Stock Exchange of Thailand Thailand's economic outlook for the year 2018 is likely to be bright. After seeing a clear recovery in the last quarter of last year