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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
Relationships with key management and other related parties were as follows:
Country of
incorporation/
Name of entities/person nationality Nature of relationships
Tokio Marine Insurance Singapore Ltd. Singapore Affiliated company of the Group
The Tokio Marine and Fire Insurance Co. (HK) Ltd. Hong Kong Affiliated company of the Group
PT Asuransi Tokio Marine Indonesia Indonesia Affiliated company of the Group
Tokio Marine dR Co., Ltd. Japan Affiliated company of the Group
Tokio Marine Insurance Vietnam Co., Ltd. Vietnam Affiliated company of the Group
Malayan Insurance Co., Ltd. Philippines Affiliated company of the Group
IFFCO - Tokio General Insurance Co., Ltd. India Affiliated company of the Group
NHCT Holding (Thailand) Co., Ltd. Thailand Affiliated company of the Group
Revenue and expense transactions with related parties for the year ended 31 December 2023 and 2022
are as follows:
2023 2022
Thousand Thousand
Baht Baht
Revenues
Gross written premium
Affiliated company of the Group 34,823 23,991
Total 34,823 23,991
Commission and brokerage income
Parent company 350,692 399,017
Affiliated company of the Group 242,582 274,837
Total 593,274 673,854
Other income
Parent company 26,918 24,177
Affiliated company of the Group 41,623 40,660
Total 68,541 64,837
Insurance claim expense recovered from reinsurers
Parent company 213,197 155,550
Affiliated company of the Group 190,492 144,144
Total 403,689 299,694
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174 | รายงานประจำาปี 2566 | ANNUAL REPORT 2023
