results for the 2nd quarter of 2019 which has variance of over 20 percent comparing to the same period of the previous year. The relevant details are as follows:- “Net earned premium” and “Commission 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
million Baht as earned premium and commission and brokerage income from reinsurers increased by 4.66 million Baht. The ratio of net claim expense over earned premium over the same period last year moreover
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
revenue earned for Q2/2018 totaled Baht 405.76 million, increased from the Q2/2017 totaled Baht 358.39 million, which was increased of Baht 47.37 million or 13.22 percent. Because of sales revenue earned
revenue earned for Q3/2018 totaled Baht 313.56 million, decreased from the Q3/2017 totaled Baht 377.87 million, which was decreased of Baht 64.31 million or 17.02 percent. Because of sales revenue earned
, and eventually dropped. Premium on certain policies had been adjusted to suit their corresponding risks. Also, earned premium had risen by 16.45% Motor insurance contributed 75.29% to the company’s
. - Revenues from hotel operations in Q1/2019 amounted 88.15 million baht increased by 9.18 million baht or 11.62% from 78.97 million baht in Q1/2018 due to the opening of new hotel, MAVEN Stylish Hotel Bangkok
. - Revenues from hotel operations in Q2/2019 amounted 71.35 million baht increased by 8.98 million baht or 14.40% from 62.37 million baht in Q2/2018 due to the opening of new hotel, MAVEN Stylish Hotel Bangkok
revenue earned for Q.2/2017 totaled THB 358.39 million, decreased from the Q.2/2016 totaled THB 477.54 million, which was decreased of THB 119.15 million or 24.95 percent. Because of sales revenue earned