In 2022, it will be the 90th anniversary of “Muang Thai Insurance.”
It is 90 years that we have accumulated longstanding experience which is stabilizing our company that is ready to make everyone “Smile over Trouble.”
| 6M22 | 6M21 | 2021 | 2020 |
|---|
| Revenues | 5,384.33 | 5,092.29 | 10,278.91 | 9,895.83 |
| Expenses | 4,798.92 | 4,520.43 | 9,307.17 | 9,144.69 |
| Net Profit (Loss) | 477.86 | 452.13 | 767.45 | 590.90 |
| Assets | 31,192.62 | 26,824.18 | 30,011.02 | 25,585.33 |
| Liabilities | 25,397.45 | 21,149.13 | 24,006.05 | 20,156.78 |
| Shareholders' Equity | 5,795.17 | 5,675.05 | 6,004.97 | 5,428.55 |
| Operating | 548.94 | 126.87 | 571.71 | 212.87 |
| Investing | -122.69 | -66.21 | -175.22 | -73.51 |
| Financing | -322.02 | -278.41 | -298.13 | -193.88 |
| EPS (Baht) | 8.10 | 7.66 | 13.01 | 10.02 |
| GP Margin (%) | -0.39 | -1.77 | -5.99 | -4.55 |
| NP Margin (%) | 8.87 | 8.88 | 7.47 | 5.97 |
| D/E Ratio (x) | 4.38 | 3.73 | 4.00 | 3.71 |
| ROE (%) | 13.83 | 12.77 | 13.42 | 10.75 |
| ROA (%) | 3.41 | 3.45 | 3.51 | 3.09 |
using technology to help manage and develop internal work
processes to be more efficient and can reduce operating expenses, resulting in higher net profit while the Company always prioritizes customer satisfaction and service quality In 2022, the Company has launched the campaign “No.1 to make Thai people smile” to celebrate the 90th years of Muang Thai Insurance
Muang Thai Insurance Public Company Limited has been operating the business, at the same time with ensuring stability, honesty, and trust from the customers. The Company has maintained its reputation as a leading non-life insurance company with the main goal of meeting the needs of the customer and generating returns to shareholders at a satisfactory level through strategic business plans as below 1. Development of insurance products: 2. Distribution channel management: 3. Improvement of work processes: 4. Human resource development: 5. Information technology improvement: 6. Public relations: 7. Corporate social responsibility:
Muang Thai Insurance Public Company Limited has been conducting the business alongside Thai people for a long time. We are a company that has always adhered business ethics and to the e and transparency at work. This is the working principle of all employee of Muang Thai Insurance. We are proud that our business has been helping people when the disasters strike, and we believe that creating emotional encouragement through helping Thai society in all aspects is as important as generating business profit. So, we has been continuously focusing on returning "emotional benefit" To be a customer centric organization. 1.Optimize shareholder’s value through sustainable and profitable growth with sound risk management. 2.Emphasize continuous improvement through value added products, service excellence and operational efficiency. 3.Commit to corporate governance and social responsibilities.4.Be an employer of choice.
The Company has provided the comprehensive risk management
per the notification of the OIC. on the Criteria, Procedures, and Conditions for Supervising Enterprise Risk Management and Own Risk and Solvency Assessment of Non-life Insurance Companies B.E. 2019. The BoD has assigned the Risk Management Committee to define the policies with the approval from the BoD and assigned the Risk Management Department to communicate the defined policies and monitor within the Company in order to comply with the guideline and to continuously report to the BoD. The risk management policy has been set in writing and submitted to the OIC annually. The Committee must ensure that the risk management of the Company has been implemented appropriately per the policy requirement and conformed to the Company’s strategies and assure that the policy thoroughly covers the risks and the important issues of the Company. Types of risk are classified as follows: 1. Strategic Risk 2. Insurance Risk 3. Liquidity Risk 4. Operational Risk 5. Market Risk 6. Credit Risk 7.Reputational Risk 8. Information Technology Risk 9. Catastrophe Risk 10. Emerging Risk 11. Group Risk
1.Award for Non-life Insurance Company which builds the good image for the non-life insurance industry in 2019 by OIC. 2.Award for Non-life Insurance Company with Outstanding Management in 2020,2017,2016,2014,2011,2010 by OIC. 3.Building a Good Society Award in 2018 by MSDHS. 4.Supporting the Disabilities Award in 2016, 2015,2013 by Ministry of Social Development and Human Security 5.Plaque of honor Value of the Land:Pride and Dignity of Thais for social development and quality of life promotion by the National Identity Committee Office of the PMO. 6.Ethics Standard Test Award 2007,2021 by Thai Chamber of Commerce 7.Magnifying award under the STRONG Project Self-sufficiency & Anti-corruption by Office of NACC.
| as of 30/06/22 | MTI | INSUR | SET |
|---|---|---|---|
| P/E (X) | 9.14 | - | 18.46 |
| P/BV (X) | 1.16 | 2.06 | 1.65 |
| Dividend yield (%) | 4.32 | 2.05 | 2.74 |
| 30/06/22 | 30/12/21 | 30/12/20 | |
|---|---|---|---|
| Market Cap (MB) | 7,109.50 | 6,519.50 | 5,044.50 |
| Price (B/Share) | 120.50 | 110.50 | 85.50 |
| P/E (X) | 9.14 | 9.10 | 7.91 |
| P/BV (X) | 1.16 | 1.13 | 1.01 |
