Page 161 - รายงานประจำปี 2566

Tokio Marine Safety Insurance (Thailand) Public Company Limited
Notes to the Financial Statements

Tokio Marine Safety Insurance (Thailand) Public Company Limited
For the year ended 31 December 2023
Notes to the Financial Statements
For the year ended 31 December 2023

The movement in deferred tax liabilities for the year ended 31 December 2023 are as follows:

Change in value of
financial assets
measured at fair
value through profit
or loss and other
comprehensive
income Total
Thousand Thousand
Baht Baht
Deferred tax liabilities
As at 1 January 2023 (17,385) (17,385)
Decrease in profit (1,002) (1,002)
Decrease in other comprehensive income (3,600) (3,600)

As at 31 December 2023 (21,987) (21,987)

17 Other assets

2023 2022
Thousand Thousand
Baht Baht
Suspense Input Value Added Tax 63,594 51,701
Receivable from Revenue Department - 15,760
Deposits 19,039 19,423
Other receivables 137,278 132,557
Others 16,783 6,639
Total other assets 236,694 226,080
Less Allowance for doubtful accounts (48,512) (44,331)
Other assets, net 188,182 181,749

18 Insurance liabilities

2023
Liabilities
Insurance recovered from
liabilities reinsurers Net
Thousand Thousand Thousand
Baht Baht Baht

Long-term insurance liabilities 3,503,651 - 3,503,651
Loss reserves and outstanding claims
- Incurred and reported claim reserves 5,150,930 (1,422,572) 3,728,358
- Incurred but not reported claim reserves 319,429 (410,676) (91,247)
Total claim reserves 5,470,359 (1,833,248) 3,637,111
Premium reserves
- Unearned premium reserves 9,634,032 (1,472,264) 8,161,768

Total 18,608,042 (3,305,512) 15,302,530

44
รายงานประจำาปี 2566 | ANNUAL REPORT 2023 | 161