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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
2023 2022
Thousand Thousand
Baht Baht
Expenses
Ceded premium
Parent company 1,209,251 1,358,478
Affiliated company of the Group 856,247 697,963
Total 2,065,498 2,056,441
Gross claim
Parent company 142 -
Affiliated company of the Group 12,487 20,606
Total 12,629 20,606
Commissions and brokerage expenses
Affiliated company of the Group 462,723 532,064
Other underwriting expenses
Affiliated company of the Group 87,115 125,685
Operating expenses
Affiliated company of the Group 33,744 41,882
Balances with the related parties as at 31 December 2023 and 2022 consist of:
2023 2022
Thousand Thousand
Baht Baht
Assets
Premium receivables, net
Affiliated company of the Group 519 365
Due from reinsurers, net
Parent company 72,724 58,374
Affiliated company of the Group 197,390 256,944
Total 270,114 315,318
Other assets
Parent company 69,631 13,561
Affiliated company of the Group 10,204 14,869
Total 79,835 28,430
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รายงานประจำาปี 2566 | ANNUAL REPORT 2023 | 175
