Page 104 - TGIA_AnnualReport2012

Vision: To lay down a foundation for a sustainable growth of general insurance business by providing
information service and the calculation of suitable and fair reference loss cost.

Mission: To calculate reference loss cost of general insurance products and to provide information service
and research works as a basis for operation, regulation and support of general insurance business development.

The IPRB receives its operational budget from the Thai General Insurance Association in pursuance to
structural proposal and the source of budget which have been approved by the Department of Insurance in 2012.
The total budget of the IPRB is 9.8 million Baht. The main missions of the IPRB include provision of information to
be used for analysis and the preparation of reports for the industry that are different from other sources such as the
compilation of statistics of insurance policies on an accident year which contained the underwriting and claim
information for motor, fire and property including the ultimate incurred claims. Furthermore, IPRB also shows the
other perspective such as underwriting results classified by models of cars or types of completed ultimate incurred
claims by the cause of claims and updating of information to be used in actuarial model for the calculation of

reference loss cost in the next period.
This year, IPRB will focus its efforts on the development of Insurance Bureau System. So far, it has
completed evaluating the readiness and supported the improvement of information management and the structure
of the IBS, proposed by Thai General Insurance Association/OIC Working Group.
Moreover, in 2012, IPRB also conducted a research and academic works in order to enable the general
insurance business to adjust according to the changing environment such as the mapping of frequency and the
depth of flood water in lower Chao Phraya Basin. IPRB also provided cooperation and exchanged knowledge with
foreign agencies such as joining the 5 ASEAN Natural Disaster Research Works Sharing Meeting, held in Thailand
th
and the International Insurance Premium Rating Seminar in 5 Asian countries such as Korea, Malaysia, Japan,
Taiwan and Thailand.

10. Activities Implemented by Insurance Member Club.
The Insurance Member Club organized sports and recreational events to promote good health and unity
among its members as follows:
10.1 Insurance Bowling Tournament
Organized the 6 Insurance Bowling Tournament on April 28, 2012 at the Strike Bowl, the Mall
th
Bangkapi Shopping Center. 96 bowlers joined the activity.
10.2 Insurance Basketball Tournament
Organized the 5 Insurance Basketball Tournament between July 14-15, 2012 at North Bangkok
th
University Sport Field. 192 persons attended the event.

10.3 Insurance Futsal Tournament
Organized the 3 Male and Female Insurance Futsal Tournament for the Trophy of HRH Princess
rd
Soamsawali between September 1-2 and 8-9, 2012 at the Jantanayingyong Stadium (Inside the
National Stadium, Pathumwan). There were 38 teams and 456 participants.

102 รายงานประจ�าปี 2555 | Annual Report 2012