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
Intro to Impact Flow An Introduction to Impact Flow Impact Management and Measurement Tool Inspire Incubate Invest Spread insightful inspirations and build learning networks through a combination of
for their annual acknowledgement. Training and evaluation of employees’ knowledge of compliance with the Code of Conduct and Anti-Corruption Policy were also undertaken via the KBank e-Learning system
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
our good corporate governance practices included: Organizing training and evaluation of employees’ knowledge of compliance with the Code of Conduct and Anti-Corruption Policy via the KBank e-Learning
:- Information on Connected Transactions relating asset or service (investment in new die of press part of motor of Electric Fan) 1) Transaction date : December 2019 – December 2020 2) Connected Buyer : Kang Yong