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Although the general insurance business is still facing economic problem, but the going economic recovery
would cause many business sectors to improve. The government spending under “Prachawiwat” project would help
the general insurance business to further expand. It is expected that the growth rate will be about 8–10% as a result
of an increase in automobile sales, higher employment, increased exports and imports, improved tourism activities
and increased consumers and investors confidence.

Table Showing Projected Premium Income in 2011
(Unit: Million Baht)

2010f
Type of Insurance 2011f
Lower Case Higher Case
Fire Premium 8,014 8,049 8,313

(%) of Change 2.9 3.4 3.4

Marine and Transport Premium 4,553 4,626 4,841

(%) of Change 25.3 27.3 6.1

Motor Premium 75,472 76,726 80,845
(%) of Change 15.4 17.3 6.7

Miscellaneous Premium 38,123 38,307 41,968

(%) of Change 14.9 15.4 9.8

Total Premium 126,162 127,708 135,967

(%) of Change 14.7 16.1 7.4
Source: Research Bureau, Thai-Reinsurance PCL.

Annual Report 2010 94

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