interest of our members. Principle 3: Oversee asset managers to make informed investment decisions and engage in active ongoing monitoring of investee companies. Investment decisions should take into account
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
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
17.09 million, finance lease payable has net increase Baht 2.07 million, from purchase 2 new motor vehicles for executives, provision for long-term employee benefits has increase Baht 1.88 million and
:- 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