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reviewed by the committee and shall be filed for an   2005/2006 and the Off Season Rice Crop Pledge Project

                 approval by the Insurance Commissioner.         for the year 2009, 2008, 2007 and 2006, the Committee,
                                                                 invited member companies to participate in the project.
                 8.  Actions Taken by the Property Insurance Committee   A number of 7 companies, or 90% of the sum-insured

                   During the Domestic Political Unrest Situation   agreed to join. The Public Warehouse Organization


                   8.1  Consultation Meeting to Find the Ways to  agree to a self-insurance of the balance of 10%.
                        Respond to the unrest  Situation

                        A consultation meeting between members of  11. Meetings, Trainings and Seminars


                 the Property Insurance Committee was held on May 21,     11.1 Consultation Meeting To Allocate Reinsurance
                 2010 at the Radison Hotel to find ways to respond to the       In view of an increase in the number of losses

                 situation.                                      caused by natural disaster and to set the guidelines for
                   8.2  Consultation Meeting with Member Companies   member companies to follow in case of filing for claim

                        A consultation meeting with member companies   payment from re-insurer, the Committee convened a
                 was held on May 25, 2010 at the Meeting Room of the  meeting on November 15, 2010 at the meeting room of


                 General Insurance Association to jointly find ways to  the General Insurance Association to discuss the issue.


                 respond to the unrest situation.                       For this purpose, the Committee also gather
                   8.3  Information on retail businesses affected by   information on the floods that occurred in the past from

                        political unrest situation               many sources and made available to the member

                        After the end of domestic political unrest, the   companies to use for their underwriting process.


                 Office of Insurance Commission asked for co-operations    11.2  Inviting Member Companies and Loss Adjusters

                 from member companies to provide assistance to the       to Be Members of Claim Club’s Working Group

                 affected persons. The Property Insurance Committee       As a result of the domestic political unrest, the


                 asked member companies to provide information on  General Insurance Association had informed member

                 retail property insurance cases with less than 5 million   companies of its progress. However, the review of claim
                 Baht of sum-insured in the areas that were affected by  payments to those affected by the event could not be



                 the situation. A number of 44 companies provided the   made because of several reasons. The Claims Club,
                 information and the Committee has sent the gather   therefore, gather information related to the incurred

                 information to the OIC and member companies.    losses from loss adjuster who were invited to be
                                                                 members of the working group and invited member
                 9.  Supporting a Seminar Organized by the Engineers   companies who have insured these losses but are not

                   Institute of Thailand                         represented in GIA’s Boards to take part as member of
                   Jointly hosted a seminar organized by the Engineers  the Claim Working Group. The meeting was held on July


                 Institute of Thailand Under the Royal Patronage and   15, 2010 at the Meeting Room of the Association.



                 assigned Mr. Arnon Opaspimoltum, the Chairman of the    11.3  Natural Disaster Models

                 Property Insurance Committee to be the moderator for a       The Committee members met with Dr. Anon

                 panel  discussion on  “Safety Engineering: Safety   Sanitwong na Ayutthaya, an expert on natural disaster
                 Engineering and Disaster Crisis” at the 2  National   model design from the Southeast Asia START Regional
                                                     nd

                 Safety Engine Meeting held on April 29, 2010 at the Lak  Center, Chulalongkorn University on August 10, 2010 to


                 Si Office of the Thai Airways International Plc.   get information, to learn and to exchange opinions. At
                                                                 the initial stage, the Southeast Asia START Regional
                 10. Assistance to the Public Warehouse Organization   Center has some information on flood model. The group
                   In response to a request from the Public Warehouse   also discussed the fee for carrying out the project.


                 Organization for a renewal of Rice Stockpile Fire     11.4 Discussion on “Fire Prevention and Distinguishing

                 Insurance made under the Annual Rice Crop Pledge       System for Workplaces”
                 Project for the year 2008/2009, 2007/2008, 2006/2007,      The Insurance Risk Management Club organized


              Annual Report 2010                              100




        _11-0038(092-133)E.indd   100                                                                            3/9/11   7:32:25 AM
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