Thai Reinsurance Public Co., Ltd. · SET:THRE
Thai Reinsurance Public — Q1 2018 Earnings Presentation
13 slides from Thai Reinsurance Public's earnings presentation, May 8, 2018
Slide 1: Q1/18 results & outlooks
Thai Re Q1/I8 results & outlooks
Slide 2: Major Events in Q1/18
Major Events in QI/1I8
Slide 3: Operational Strategy
Operational Strategy ฿ ฿ Doubtful Account Profit Commission Expenses - ฿295m
Slide 4: Snapshot (THBm) Q1/17 Q1/18
Snapshot (THBm) Q1/17 Q1/18 YoY Gross premium written 1,216 1,232 1% Net earned premium 805 753 -6% Profit (loss) from underwriting -27 -137 -409% Net investment income 134 -2 -101% Net service income 8 21 155% EBT 68 -233 -443% Income tax expenses 13 245 1783% After tax profit 55 -478 -969% After t
Slide 5: ROI (annualized) and investment assets
ROI (annualized) Bank deposits, 14% 6.5% Q1/17 Common 6.5% stock, 32% T-bills & T- bonds, 20% 0.1% Debentures Q1/18 & loans, 1% 4.7% Unit trusts, 33% Reported excl THREL Investment assets THB 7,046m
Slide 6: Outlooks Q2-Q4/18
Outlooks Q2-Q4/18
Slide 7: Our project pipeline in 2018
Our project pipeline in 2018 Domestic Oversea Health insurance SABAIDEE PA Q1/18 Cancer insurance Group PA Happy PA for child Reinsurance business Domestic Oversea Health insurance Loan protection in Vietnam Motor TPPD Health insurance in Vietnam Cancer insurance Household & SME treaty in Laos Q2-Q4
Slide 8: Our project pipeline in 2018
Our project pipeline in 2018 Service businesses THRES Domestic Oversea TPA in Laos Training for individual in CLMV Q2-Q4/18 EMCS Domestic Oversea Live VDO claim Mobile M-survey in Laos Mobile app for car owner E-claim in Laos M-inspection E-POS
Slide 9: Appendix: Details of Q1/18
Appendix Details of Q1/18
Slide 10: Consolidate
Consolidate Quarterly income statement Q1/17 Q4/17 Q1/18 QoQ YoY Gross premium written 1,216 1,559 1,232 -21% 1% Net earned premium 805 791 753 -5% -6% Net claims 420 339 352 4% -16% Net commission expenses 382 389 504 29% 32% Other underwriting expenses 30 34 35 1% 17% Underwriting profit -27 28 -1
Slide 11: Key metrics Q1/17 Q4/17 Q1/18
Key metrics Q1/17 Q4/17 Q1/18 QoQ YoY Conventional business net earned premium (THBm) 348 344 321 -7% -8% loss and acquisition expenses ratio 101.3% 54.6% 80.4% 0.5 -0.21 Non-conventional business net earned premium (THBm) 457 447 432 -3% -6% loss and acquisition expenses ratio 104.9% 128.6% 146.4%
Slide 12: Contact us
Contact us Mr. Bheerawas Bhunakh, IR • (66)2-660-6111 #1429 • ir@thaire.co.th • http://investor.thaire.co.th/home.html
Slide 13: Disclaimer
Disclaimer The information contained in this presentation is intended solely for your personal reference. Please do not circulate this material. If you are not an intended recipient, you must not read, disclose, copy, retain, distribute or take any action in reliance upon it. Some statements made in
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