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Annual Report 202341
Thai General Insurance Association Thai General Insurance Association
40 Annual Report 2023

5. Attended CEO Insurance Forum 2023 9. BAAC Charity Run 2 2023
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Dr. Somporn Suebthawilkul, President of the Thai General Insurance Association, attended the opening ceremony of the The Thai General Insurance Association, led by Dr. Pongpanu Damrongsiri, Executive Director, Ms. Kalaya Jukhom, Senior
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CEO Insurance Forum 2023 under the theme of “Navigating Resiliency and Sustainability: Challenges and Opportunities for the Assistant Executive Director, Academic Affairs, along with the association staff, joined the “BAAC Charity Run 2 2023” activity,
Thai Insurance Industry” organized by the Office of the Insurance Commission (OIC) to serve as a platform for communication organized by the Bank for Agriculture and Agricultural Cooperatives on October 29, 2023, at the Bank for Agriculture and Agricultural
between executives of the Office of the Insurance Commission and executives of the insurance business sector on the policy of Cooperatives (BAAC), Head Office.
developing the Thai insurance system, expressing their opinions, exchanging knowledge and experiences of those involved, with
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Mr. Arkhom Termpittayapaisith, Minister of Finance, as the chairman of the opening ceremony and giving a special speech on 10. 56 Anniversary of the Establishment of the Thai General Insurance Association
July 19, 2023 at The Athenee Hotel, Bangkok.
Dr. Somporn Suebthawilkul, President of the Thai General Insurance Association, presided over the merit-making ceremony on the
6. The Thai General Insurance Association meets with Thaicom to follow up on the results of the satellite’s occasion of the “56 Anniversary of the Establishment of the Thai General Insurance Association”, with the association’s executive
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assessment of crop insurance damage. committee, executives from member companies, executives and association staff attending the ceremony on November 16, 2023, at the
Thai General Insurance Association Building.
Dr. Somporn Suebthawilkul, President of the Thai General Insurance Association and Chairman of the Agricultural Insurance
Fund Committee, Thai General Insurance Association, held a meeting with Thaicom Public Company Limited, led by Mr. Patompop 11. The Thai General Insurance Association congratulates the new OIC Secretary-General.
Suwansiri, Chief Executive Officer, to receive the results of the project to develop guidelines for the use of Scientific and Technology
Solution for Agricultural Insurance, which is a joint project between the Thai General Insurance Association and Thaicom Public Dr. Somporn Suebthawilkul, President of the Thai General Insurance Association, led the board of directors and the
Company Limited in the application of satellite technology to develop an assessment method for crop insurance damage, using association’s executives to meet Mr. Chuchatr Pramoolpol to congratulate him on his appointment as Secretary-General of the
scientific and technological models to elevate the agricultural sector of Thailand and to promote the use of technology to develop Insurance Business Commission (OIC Secretary-General), and held a meeting to discuss and exchange ideas and guidelines for
the country under government policy. The first phase has been implemented in the specified areas designated as Innovation and cooperation in developing the general insurance business together, on November 17, 2023, at the Office of the Insurance
Information Areas (Sandbox Areas) 6 provinces, namely Khon Kaen, Nakhon Ratchasima, Nakhon Sawan, Nakhon Si Thammarat, Commission (OIC), Ratchadaphisek Road.
Roi Et, and Sukhothai, totaling 3 million rai. The project received support from the Plant Insurance Fund of the Thai General
Insurance Association on September 7, 2023, at the meeting room of the Thai General Insurance Association. 12. Crop Insurance Project, Production Year 2023

7. Congratulating the insurance company that received the Prime Minister’s Insurance Awards in 2023. 12.1 Preparation of insurance policies
(1) Rice insurance policies for the 2023 production year for the farmer group
Dr. Somporn Suebthawilkul, President of the Thai General Insurance Association and the association’s executive committee,
congratulated the insurance companies that received the Outstanding Complete Insurance Award in 2023 at the “Prime Minister’s The Thai General Insurance Association has issued the 2023 rice insurance policy for the agricultural group and the
Insurance Awards 2023” organized by the Office of the Insurance Commission (OIC), with Mr. Kritsada Jinavijarana, Deputy insurance premium rates that provide coverage for damages caused by flooding or heavy rain, drought, drought or dry spells,
Minister of Finance, as the chairman of the award presentation ceremony, on September 8, 2023 at the Phoenix Meeting Room, storms or typhoons, cold weather or freezes, hail, fire, wild elephant attacks, pests or diseases, totaling 3 policies as follows:
Impact Exhibition and Convention Center, Muang Thong Thani. 1. Rice insurance policy for the wet season, production year 2023, for the rice planting loan customer group
of the Bank for Agriculture and Agricultural Cooperatives (BAAC) and insurance premium rates
8. Swiss Re Asia’s Building a Sustainable Future Together seminar 2. Rice insurance policy for the wet season, production year 2023, for small-scale farmers (microinsurance)
and insurance premium rates
Dr. Somporn Suebthawilkul, President of the Thai General Insurance Association, shared his views in a panel discussion 3. Additional Rice insurance policy for the wet season, production year 2023, for small-scale farmers (microinsurance)
titled “Shaping a sustainable future for Thailand Insurance Industry: Challenges and New Business Opportunities”, together with and insurance premium rates
Mr. Chuchatr Pramoolpol, Deputy Secretary-General of the Office of Insurance Commission (OIC), Mr. Artak Melkonyan, Senior
Advisor an Equity Financing and Funds, United Nations Development Programme (UNDP), and Mr. Victor Kuk, CEO SRAL & This received approval of the form and content of the rice insurance policy for the 2023 production year for the farmer group
Head Reinsurance SID, Swiss Re Asia. The discussion was an exchange of views on the importance of the conference and the and the insurance premium rate by the registrar of the Office of the Insurance Commission on March 20, 2023.
importance of driving sustainability policies in the context of various agencies at the macro level, regulatory agencies, and the
insurance business sector. Moreover, the seminar exchanged views on opportunities and challenges for the insurance business
sector, which plays a key role as a professional risk manager, stability, and sustainable growth. The activities during the seminar
are part of the seminar “Building a Sustainable Future Together” organized by Swiss Re Asia on September 19, 2023, at the
Shangri-La Hotel, Bangkok.