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In the past year, the Association has organized prepare non-life insurance companies for converting

many and diverse activities in response to the needs of their private company status to public company and how

our member companies, including activities for senior to effectively regulate companies under the concept of
operational executives, especially in the development of good governance. The purpose of these activities were

information system, personnel, working procedures and to provide knowledge and understanding and to prepare

financial resource in preparation for the enforcement of the business sector on various changing regulations.

Risk-Based Capital regulatory policy by the Office of The 3 Genius Insurance Youth Project which has been
rd
Insurance Commission (OIC). The first parallel test run organized every year was organized to stimulate interest

was been performed during the months of June to July in insurance among the youth. The association also
2010. The General Insurance Association also assigned launched campaigns to provide knowledge and

a number of representatives to work in the Accounting understanding on insurance to the public through

Standard Working Group to prepare the industry for the various mediums such as Insurance Journal and annual

enforcement of new accounting standard. Other report. The association has enjoyed good cooperation

interesting projected organized by our association from the OIC and other government agencies who

include Rice Crop Insurance Research Project, granted us the opportunities to join their activities and to

organized in response to the “Strong Thailand” project hear our views on the drafts of all regulations to be

initiated by the government with an aim to undergo issued by the agencies.

a comprehensive reform of Thai rice farmers’ risk

management process. The responsible agency for this I would like to thank all agencies in both, the

project is the Fiscal Policy Department, the Ministry of government and private sectors and all member
Finance. Other research projects include those companies for the contribution to the success of all

undertook by the Agricultural Promotion Department and activities, implemented out by the association. I also

Naresuan University in which the General Insurance would like to thank all members of our Executive Board

Association has assigned representatives to be the and staff whose full supports have resulted in the

members of the working and study group. In addition, success of our association.
the association also implemented a micro insurance
project called “Smiling Motorcyclists” to provide
personal insurance schemes to about 103,000 “For Thank you

Hired” motorcyclists in Bangkok area who registered
with the Bangkok Metropolitan Administration
Other activities include the organization of many
seminars such as the Insurance Core Principles and Jiraphant Asvatanakul
IAIS Framework for Prudential Regulation, organized to President of the General Insurance Association

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