Page 96 - TGIA_AnnualReport2011

The total amount of claims payment in the first 10 months of 2011 was 58,920 million Baht of the loss ratio
of 50.97% which was a decrease from 53.21% in the same period of 2010. The detail of claims payment,
classified by types of insurance is shown in Table 2. However, it is expected that in the whole 12 years of 2011,
the claims payment rate shall be increased in fire, property (miscellaneous) and motor insurance as a result of
a great flood that occurred in the last quarter of 2011.

Table 2: Loss Ratio of General Insurance
(Unit: Million Baht)

Direct Premium Claim Payment Loss Ratio (%) Loss Ratio (%)
Type of Insurance 2011 2010
(Jan-Oct) (Jan-Oct)
(Jan-Oct) (Jan-Oct)

Fire 6,729 1,187 8.85 18.45

Marine & Transport 3,917 1,560 28.43 27.61

Motor 68,801 37,498 58.50 57.59

Miscellaneous 36,138 18,675 50.38 51.50

Total 115,585 58,920 50.97 53.21

Source: The Office of Insurance Commission

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