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DEPUTY MANAGING DIRECTOR, VIRIYAH INSURANCE

453/) 533;4/:? #.+ 2';4). 5, :.+ " )5 + +4* 5, 4+>: ?+'8 /9 4'22? ;654 ;9 : :. 853/4+4: +)545

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the market? What are the key trends facing /4 ;4*+8=8/:/4- +<+256/4- 7;'2/:? 5, 9+8</)+ )/+4)? '4* +,,+) '4* )2' /39 :5 -'/4 358+ +,,/ ;9:53+8 4++*9 /4 :/<+4+99 /4 58*+8 :5 9+8<+ '22 ) '058 ,'):58 359: ' :/3+2? ,'9./54 /9 *+ 4/:+2? ' 3 unities in the : #./9 )'4 '295 8+ '(5; +99+9 )' What are the biggest opport )+ (;9/4 /49;8'4 t? ? :5 -' /4 99 652/) (;9/4+ Thai non-life insurance marke 8':+-/) '9 ' 9: 453/) 533;4/:? (+ ;9+* +49;8+ ./-. 9':/9,'):/54 #.+ 2';4). 5, :.+ " )5 '/ 358+ );9:53+89 '4* :.+ #. /:/+9 ,58 658:;4 ,58 ./-. 8+:;8 49 56+49 ;6 9/-4/ )'4: 56 "/4)+ );9:53+89 '8+ 2551/49 36'4/+ 8'4)+ )5 :+2? 8+4+= 454 2/,+ /49;8'4)+ /4*;9:8? 49; 8 /4<+9:3+4: :.+? =/22 '(952; 3'81+:9 /4 3'4? 54 :.+/ :.+8358+ =/22 (+4+ : ,853 :.+ 56+4/4- 5, 358+ /49;8'4)+ 652/)/+9 ;8 : .'<+ )536+:+4 58 (;? 3+3(+89 ,'3/2? /+4*9 58 )5;4:8/+9 +96+)/'22? :.59+ :.' :.+/8 ,8 22 :'21 :5 56;2':/54 5, :.+? =/ 4)+9 :.+? .'<+ )/+9 '4* 8+'*/4+99 #.+ 5<+8'22 6 62+ '(5;: :.+ -55* +>6+8/+ /54 6+5 3/22 ? '8+' 85;4* :.+8 1+ )5;4:8/+9 /9 );88+4:2? ' 49;8'4)+ 8+4+='2 8':+ /9 '45 4 2':/54 / 9: 656; 36+:/4- =./). 3'1+9 /: :.+ :./8* 2'8-+ 9;8'4)+ (;9/4+99+9 .'<+ (++4 )5 ' =.566/4- 4/4+ =.+8+ /4 =2? 8+-/9:+8+* <+ ':+ 5, 4+ 9/' ',:+8 ./4' '4* 4*/' '4* +'9/4- 8 .+ *+)8 ;+ :5 : 4 : /9 54+ 5, :.+ + +)5453/) 6+8)+4: 5, :.+ -25('2 656;2':/5 :.+ 3'81+: (+)';9+ 5, 4+-':/< 9 =/:. 6+8)+4: ./)2+9 /4 * '4* :.+ =582*A9 2'8-+9: +)5453/) -85;6 :.+ 652/:/)'2 9/:;':/54 /4 #.'/2'4 +9 5,,+8 3'4? 56 ,'):589 8+</5;9 ?+'8 B *;+ 5, :.+ =582*A9 ! #.+9+ -;8 ./-. 2+<+2 5, 6;8).'9/4- /4 :.+ 6 /4 6'4/+9 4)+ )53 '2+9 5, '22 658:;4/:/+9 ,58 454 2/,+ /49;8' + : ,853 :.+ -5<+843+4: B :.+ 9 :5 ' (+4 4 .+ 8+-/5 8/+9 /4 : '8+* =/:. :.+ 8+-/54 #.+ 2+'*/4- )5;4: +8 <+./)2+9 .'<+ *8566+* )536 .'/2'4* 4

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Value of Thai non-life insurance FIVE-YEAR DIRECT PREMIUMS IN USD

MILLIONS

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COMBINED POPULATION

+= :+).4525-/+9 /4,583':/54 4+= /445<':/549 4 9 >6+8/+4)+9 '4* 4+= 3'4'-+3+4: 9?9:+3 '4'2?9+ '4* 3'4 9;). '9 .5= :5 9?9:+3':/)'22? 9 /4 )53 5<':/54 '-+ <'8/5;9 8/919 '4* 4+= /44 2'/39 = /22 .+26 6+49':/54 3'4'-+3+4:9 '4* ) , :.+ #.'/ 454 2/,+ 9:8+4-:.+4 :.+ 9:'(2+ -85=:. 5 /49;8'4)+ /4*;9:8? nt to those of How are your products differe your competitors? + '4* 454 2/,+ /4 ;88+4:2? (5:. 2/,+ /49;8'4) =/:./4 :.+ :'8 /,, 9;8'4)+ 685*;):9 '8+ 2/3/:+* ,,/)+ 5, 49;8' 4)+ 9?9:+3 8+-;2':+* (? :.+ + )536'4? /9 ;4 533 /99/54 9 ' 8+9;2: :. </*+ ' = /*+8 8'4-+ '(2+ :5 /3685<+ )8+':+ 58 685 /49:+'* ,5);9+9 5, )5<+8'-+ ,58 )549;3+89 (;: 9 / + ) 536+49' 9+8</)+ +8 9'2+ 54 ',: 3'/42? )+ .'9 (++4 =+22 :/54 9+8 </)+9 %/8/?'. 49;8'4 ,5);9/4- 54 3+ ,58 145=4 ,58 ' 254- 6+8/5* 5, :/ :.+ (+9: 454 2/,+ /:9 );9:53+8 9+8</)+ &+ '8+ :8? &+ .'<+ :.+ /49;8'4)+ )536'4? /4 :.+ )5;4 9+8</) + 9?9:+3 359: +,,/)/+4: )536+49':/54 5;4* :.+ )5;4:8? =./). )5<+89 685</4)+9 '8 9 '))/*+4: /496+) &+ 5,,+8 3'4? 9+8</)+9 9;). ' 9 :/54 9+8 </)+9 '4* 8+6'/8 )+4:8+

have to expand What plans does Viriyah into new regions? (+4+ )/'2 -'/49 &+ 9++ ' 25: 5, 56658:;4/:/+9 '4* 533;4/:? 9 ' Left The Bangkok skyline at twilight. ,853 :.+ " )5453/) 8 Thailandâ&#x20AC;&#x2122;s economy is returning to normal 583+* ' 6'8:4+89./6 =/:. /49; + .'<+ , 8+9;2: = incident after a prolonged political 9 6'8:/)/6':/4- /4 '4)+ )536'4/+9 ,853 )5;4:8/+ 5, 5 "/-4 &+ :.+ ,583 4/:? /4 )533; 9 3'/42? 54 25= :.+ + 3/)85/49;8'4)+ =./). ,5);9+ =/:. 2/'4@ +4+8'2 '59 B :. ors be looking 4)+ ;8+'; "?9 .'<+ 6'8:4+8+* Why should foreign invest '59 B :5 +>6'4* ='-+ )549;3+89 '4* :.+ 49;8' 2'8-+9: /49;8'4)+ )536'4? /4 9;8'4)+ 8+2':+* /4,583' 49;8'4)+ at these opportunities? :+3 =./). '):9 '9 '4 /4 8/+89 2/'(/2/:? /49;8'4)+ '4* / ,+ /49;8 5;8 )'8 , 454 2/ +9 4 8':+ 5 ;9/4+99 +)';9+ :.+ 6+4+:8':/5 3+8)/'2 <+./)2+9 :8+ :5 .+26 /49;8'4)+ 8+2':+* ( )5<+8'-+ ,58 )8599 (58*+8 )53 /: .'9 ' <+8? ./-. :/54 )+4 =/22 '4)+ /4 #.'/2'4* /9 9:/22 25= + :.+/8 +, )/+4)/+9 '4* '4* '59 #.+ )5<+8'-+ + -8+': 55* :.': /3685< '? '4* 54 (+:=++4 #.'/2 + 65:+4:/'2 ,58 -85=:. ,:+8 :. 2'/3 5,,+89 '4 /4:+84+: -':+= )5<+8 :.+ );9:53+89 5, 6+562 8 /4:+8+9: /4 (;? '49,583' (+ +>6'4*+* :5 ++4 ' :8 .+8+A9 ( ./: #.'/2'4* /4 )549;3+ 9:+3 # 42'4* /4)2;*/4- 3+4: 9? '4* (;9/4+99+9 /4 :.+ 3'/ 654+4:/'22? *;+ 2/4+ 6'? '-+ '9+* +> + )5<+8 '9 /4)8+ 9;8'4) .+ 8'4)+ . /4- /49; '658+ %/+:4'3 '4* ./4' /4 : :/54 5, (;?/4- '4* 9+22/4- /4 /' "/4*/4- 5, '2'?9 *+89:'4 + ::+8 ;4 /: 542/4 :5 145=2+*-+ ' 4* ' (+ 4<+4:/54'2 3+:.5*9 :5 *5/4:;8+ 4)+ )5<+8'-+ ,58 ,853 )5 8 /49;8'4)+ 652/ 4+'8 ,; =/:. 3'058 /4 :.+ -'/49 ,853 .'</4- /49;8' !;8).' 9/4- )536;2958? 35:5 ;88+4:2? =+ '8+ 4+-5:/':/4- 4 :.+/8 6856+8:? '4 +>'362+ 5, : .': 58+/-4 /4 4/+9 /4 '2'?9/' :5 )54*;): )5 / 92? 68535:+9 )/+9 54 2/4+ /9 ;2':+ :.+ 9;8'4)+ )536' 4* 9:/3 6658: ' #.+ -5<+843+4: '295 )54:/4;5; 2+ :5 9; '4* 454 2/,+ /49;8'4)+ /4 99+9 '4* ' <'8/ <+9:589 '8+ '( ;2 9;8'4)+ 5, 2/,+ /49;8'4)+ (;9/4+ /4- ;9+, 9;8'4)+ ? 685</* +/4- 658:9 /4 8'4)+ ( '4* 9;6 3'81+: &+ (+2/+<+ :.': (? ( + -85=:. 5, 454 2/,+ /49; 2'?9/'4 9 /4)2;* :.+ ' 6850+): 9 #.+9+ +:? 5, /49;8'4)+ 652/)/+ 4 '4* ./-.2? :8;9: :.+ (+9: :.+ 2'8-+9: (+9: 145= '/2'4* B )53(/4+* +* /49;8'4)+ )536'4? /4 #. 536'4/+9A 9:'(/2/:? =/:. +>)+6:/54'2 +>6+8:/9+ /4 ) ce market share, 2013 insuran non-life Thai +39 B %/8/?'. 4 '4* )536+49':/54 9+8</)+ 9?9: PERCENTAGE + 5, -'/4/4- 3'4? 9;8'4)+ =/22 .'<+ ' (+::+8 ).'4) ,853 :.+ " VIRIYAH INSURANCE '*<'4:'-+9 '4* 56658:;4/:/+9 ;4/:? /) 533 )5453 DHIPAYA INSURANCE 6./)'22? =+22 58:;4':+2? #.'/2'4* /9 -+5-8' 8 )5;4:8/+9 /4 :.+ BANGKOK INSURANCE 62')+* =.+4 )536'8+* :5 5:.+ 22 '): '9 ' 25-/9:/)9 SYNMUNKONG INSURANCE 9 ' 8+9;2: #.'/2'4* =/ /4 :.+ '9: &+9: MUANG THAI INSURANCE PUBLIC .;( ,58 /3658 :9 '4* +>658:9 '4? /9 *+<+256/4- )5453/) 588/*58 #.+ )536 THE SAFETY INSURANCE A9 852+ '9 ' 25-/9:/) 685*;):9 :5 9;6658: #.'/2'4* TOKIO MARINE SRI MUANG INSURANCE + :.+8+ '8+ :8'<+2 .;( ,58 :.+ 58 /49:'4) LMG INSURANCE + '4* .+'2:. /4 /49;8'4)+ '))/*+4: /49;8'4) THANACHA RT INSURANCE 44+* /49;8'4)+ 9;8'4)+ 685*;):9 &+ .'<+ 62' :/54 :.': =/22 )5<+8 OTHERS MITSUI SUMITOMO INSURANCE 652/)/+9 ,58 /4 2'4* :8'49658:' 9 :.': 4++* <+./)2+ 3+8)/'2 4* )53 359: 6+8954'2 ' 40 35 '59 '2'?9/' 30 25 :5 :8'<+2 :.85;-.5;: ?'43'8 20 15 10 Q 5 0 "/4-'658+ %/+:4'3 '4* ./4' SOURCE: VIRIYAH INSURANCE Nov-Dec 2014 |

SOURCE: VIRIYAH INSURANCE

Nov-Dec 2014

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