Post by account_disabled on Dec 19, 2023 22:26:09 GMT -6
Ms. Sopa Kanchanarin, Chief Executive Officer of Falcon Insurance Public Company Limited, revealed that the success that occurred in 2021 came from many factors. Although the COVID-19 infection situation It will have a wide impact on the insurance industry. But for Falcon Insurance We have implemented an effective risk management policy. Control every process within the company. To be able to manage risks to be within acceptable risks. and is the main reason why the Falcons Efficiently control the amount of COVID insurance. coupled with growth from other
types of insurance includi channel Phone Number List trategies for penetrating the market and adjusting work procedures by focusing on Automation processes in the company's main operating systems. in every department to increase efficiency and the ability to manage costs better In 2021, Falcon had total insurance premiums of 2,953 million baht, growing more than 15% compared to 2020. The proportion of insurance (Portfolio Mix) between Motor and Non-Motor was 51:49, with automobile insurance premiums accounting for The proportion was 51%, followed by property insurance 21%, accident and health insurance 12%, miscellaneous insurance 11%,
and other insurance 5% for the proportion of COVID-19 insurance premiums. It is approximately 1% of the premium received. Therefore, it does not affect the Company's claims management. Including business operations with all trading partners, it remains as usual. At the end of 2021, the company had a capital adequacy ratio that must be maintained according to law, or CAR, of 246%, compared to the minimum required by law of 120%. Ms. Sopa added, “In 2022, Falcon sets a target for the growth of earned premiums at 3,125 million baht. As for the strategy, Falcon continues to focus on marketing both single customer groups and corporate customer groups.
types of insurance includi channel Phone Number List trategies for penetrating the market and adjusting work procedures by focusing on Automation processes in the company's main operating systems. in every department to increase efficiency and the ability to manage costs better In 2021, Falcon had total insurance premiums of 2,953 million baht, growing more than 15% compared to 2020. The proportion of insurance (Portfolio Mix) between Motor and Non-Motor was 51:49, with automobile insurance premiums accounting for The proportion was 51%, followed by property insurance 21%, accident and health insurance 12%, miscellaneous insurance 11%,
and other insurance 5% for the proportion of COVID-19 insurance premiums. It is approximately 1% of the premium received. Therefore, it does not affect the Company's claims management. Including business operations with all trading partners, it remains as usual. At the end of 2021, the company had a capital adequacy ratio that must be maintained according to law, or CAR, of 246%, compared to the minimum required by law of 120%. Ms. Sopa added, “In 2022, Falcon sets a target for the growth of earned premiums at 3,125 million baht. As for the strategy, Falcon continues to focus on marketing both single customer groups and corporate customer groups.