We aim to be the most preferred non-life insurer in Thailand

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We aim to be the most preferred non-life insurer in Thailand We develop and update our website constantly in order to provide fully integrated services to customers. Thus, customers have the greater convenience and ease in purchasing insurance and making premium payments online through our website anytime, anywhere. INVESTMENT INCOME The Company’s investment portfolio at 2009 year-end had increased by Baht 1,328.7 million, or 14.6 percent, to Baht 10,452.6 million. The Baht 4,666.7 million fixed income investment accounted for 44.7 percent of the total investment portfolio, while the remaining Baht 5,785.9 million, or 55.3 percent, was invested in both listed and unlisted common stocks. Fixed income investments consisted of deposits at commercial banks, saving deposits, promissory notes, and government bonds and monetary notes. Deposits with commercial banks rose by Baht 184.9 million, or 24.5 percent, from the previous year to Baht 939.8 million, or 9.0 percent of the total investment portfolio. Saving deposits were Baht 89.0 million. Promissory notes of Baht 463.2 million, representing 4.4 percent of the total investment portfolio, increased by 90.5 percent. Government bonds and monetary notes rose by 64.2 percent from the previous year to Baht 775.2 million, or 7.4 percent of the total investment portfolio. In addition, the Company’s mortgaged loans with real estate as collateral decreased by 7.5 percent to Baht 2,431.7 million, representing 23.3 percent of the total investment portfolio. In 2009, the Company’s investments in listed securities rose by Baht 354.3 million, or 10.6 percent, to Baht 3,707.2 million, or 35.5 percent of the total investment portfolio, compared to 2008. The Company chose to invest in fundamentally sound stocks and focused on long-term investments. It believed that in the long run the stocks’ sound fundamentals would lead to their appropriate prices and help avoid price fluctuation. Investments in non-listed securities increased by Baht 272.7 million to Baht 764.6 million, representing 7.3 percent of the total investment portfolio. They were regarded as strategic investments in order to generate business relationships with others and support the Company’s business transactions. The investment capital in associated companies rose by 0.3 percent to Baht 119.0 million, or 1.1 percent of the total investment portfolio, the increase stemming from the acknowledgement of income in those associated companies. It was shareholding that ranged from 20.0 percent and over, and comprised overseas investments. This was aimed at enhancing an opportunity to make business transactions with foreign companies. Those associated companies had growth potential, with a high rate of turnover, and were able to pay a dividend. Furthermore, investments in listed real estate funds amounted to Baht 506.7 million, or 4.8 percent of the total investment portfolio. Similarly, investments in funds investing in debt securities increased by 43.8 percent to Baht 489.2 million, or 4.7 percent of the total investment portfolio, while investments in funds investing in non-marketable equity securities totalled Baht 199.1 million, representing 2.0 percent of the total investment portfolio. Net investment incomes in 2009 amounted to Baht 656.4 million. They comprised Baht 168.5 million from the interest (a decrease of 5.6 percent due to reduced rates of interest in 2009); Baht 1.1 million from loan fees (an increase of Baht 1.0 million, or 1,000.0 percent, from 2008); Baht 399.9 million from dividends (a decrease of Baht 53.1 million, or 11.7 percent, which was mainly due to Bangkok Life Assurance Public Company Limited’s payment of extra dividends totalling Baht 51.2 million in 2008, and regular payment in 2009, causing a total amount of dividends in 2009 to diminish); Baht 72.4 million profit from stocks and assets sale (a rise of 434.4 percent); Baht 103.9 million from rents and services (a decrease of 4.7 percent), and Baht 2.3 million of profit share from investments in associated companies (a reduction of 22.3 percent). In 2009, the Company’s investment expenses rose by 6.0 percent to Baht 78.7 million. At 2009 year-end, the SET index closed at 734.54, an increase of 284.58, or 63.2 percent, from 2008, which closed at 449.96, resulting in the Company’s having a surplus on revaluation of investments in stocks in the SET totalling Baht 6,925.9 million, a rise of Baht 4,057.9 million, or 141.5 percent, over 2008. 27
Page 1 and 2: Bangkok Insurance aims to be the mo
Page 3 and 4: CONTENTS VISION 2 FINANCIAL HIGHLIG
Page 5 and 6: We aim to be the most preferred non
Page 7 and 8: The year 2009 was, therefore, anoth
Page 9 and 10: In addition, the Company was still
Page 13 and 14: As a consequence, it is anticipated
Page 17 and 18: 6.2 Interest Rate Risk The Company
Page 19 and 20: Increase Convenience for Premium Pa
Page 21 and 22: REPORT OF THE COMPANYûS OPERATIONS
Page 23 and 24: The net investment income in 2009 w
Page 25: Goals of Business Transactions For
Page 29 and 30: INVESTMENTS IN SECURITIES Investmen
Page 31 and 32: FIVE YEARS REVIEW (Baht’000) 2009
Page 33 and 34: Mr. Chatri Sophonpanich Chairman Mr
Page 35 and 36: Miss Potjanee Thanavaranit Independ
Page 37 and 38: Mr. Witcha Damrongsinsak Director M
Page 39 and 40: 1. Mrs. Srichittra Pramojaney 2. Mr
Page 41 and 42: Miss Pagamas Charusathien Senior Vi
Page 43 and 44: Mr. Sontaya Chaichomlert Senior Vic
Page 45 and 46: Bangkok Insurance, Your Caring Part
Page 47 and 48: 1. Mr. Anant Pongpoon 2. Ms. Anchan
Page 49 and 50: 1. Mr. Alonggorn Gradtip 2. Mr. Ana
Page 51 and 52: Bangkok Insurance Public Company Li
Page 53 and 54: Public Health Relief of Public Disa
Page 55 and 56: 3. Checking to Prevent a Conflict o
Page 57 and 58: To the Shareholders of Bangkok Insu
Page 59 and 60: (Baht’000) Financial Statements i
Page 61 and 62: (Baht’000) Motor Miscellaneous 20
Page 63 and 64: (Baht’000) Motor Miscellaneous 20
Page 65 and 66: (Baht’000) Surplus (Deficit) on R
Page 67 and 68: (Baht’000) Surplus (Deficit) on R
Page 69 and 70: For the years ended December 31, 20
Page 71 and 72: 4.4 Related party transactions Rela
Page 73 and 74: 5. Significant Accounting Judgments
Page 75 and 76: Investments in debt securities as a
Page 77 and 78:
The Company received the 2008 finan
Page 79 and 80:
(Baht’000) 2009 2008 Investments
Page 81 and 82:
12. Premium Due and Uncollected The
Page 83 and 84:
20. Basic Earnings Per Share Basic
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Foreign Currency Risk The Company
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Debtors, overdue under 3 months, fo
Page 89 and 90:
FINANCIAL RATIO Financial Ratio 200
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SHAREHOLDING IN OTHER COMPANIES Inv
Page 93 and 94:
THE MANAGEMENT Management Structure
Page 95 and 96:
4. To consider a selection and prop
Page 97 and 98:
The Appointment of the Company’s
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Name Position No. of Attendance/ An
Page 101 and 102:
Name of the Management Committee Po
Page 103 and 104:
1. The Board of Directors shall com
Page 105 and 106:
SHAREHOLDINGS STRUCTURE Breakdown o
Page 107 and 108:
Dividend Payment Policy Since it is
Page 109 and 110:
The Section on Consideration of Sta
Page 111 and 112:
As for the consequence of an implem
Page 113 and 114:
4.1 Policy on Corporate Governance
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5. The Section on the Board of Dire
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5.4 The Board of Directors’ Meeti
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GENERAL INFORMATION Name of Company
Page 121 and 122:
Motor Claims Service Center Krabi B
Page 124:
Bangkok Insurance Building 25 Satho
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We aim to be the most preferred non-life insurer in Thailand

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