AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Thai Insurer Endeavours to Diversify.
May 5--Due to stiff competition and relatively low profit margins, Khoom Khao Insurance Plc is seeking to reduce the percentage of motor insurance in its portfolio to 60 percent this year from 75 percent.
According to Oran Wongsurapichet, assistant managing director, Khoom Khao has been steering the company toward non-motor insurance during the past four years.
Last year, it earned 800 million baht in direct premiums, down from 900 million baht in 2001.
Despite lower revenues, Khoom Khao's net profit climbed last year to 27.06 million baht (2.08 baht per share) compared with 12.47 million baht (1.32 baht per share) in 2001. The company's shares ...
- Thai Insurer Endeavours to Diversify.
- Newspaper article from: Knight Ridder/Tribune Business News May 5, 2003 700+ words
...Its major shareholders include the Bangkok Center Hotel, Thong Thai Textile Company Group, Cho Heng Rice Company Group and Nanyang Industry Company Group. Khoom Khao currently ranks 11th in premium sales in motor insurance and 20th in the general...
- Insurer Set to Ac...uire Thai Firm.
- Newspaper article from: Knight Ridder/Tribune Business News July 12, 2003 700+ words
...percent or 11.25 million shares of Khoom Khao Insurance Plc (KKI) for a 21.50 baht...effectively. Three major shareholders of Khoom Khao, whose total shareholding is about 6...to Narai at the tender offer price. Khoom Khao shares closed yesterday on the Stock...
- Thai Insurance Firm to Offer for Rest of Rival.
- Newspaper article from: Knight Ridder/Tribune Business News September 6, 2003 700+ words
...tender offer for the remaining shares of Khoom Khao Insurance Plc once the latter's delisting...to Narai president Robert Martin. The Khoom Khao board of directors has already approved...currently holds 78.99 percent of Khoom Khao Insurance following its acquisition of...
- Thai Insurance Firm Seeks Merger to Consolidate Strengths.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) (via Knight-Ridder/Tribune Business News) August 27, 2003 700+ words
...Co hopes to acquire as many shares of Khoom Khao Insurance Plc as possible through a tender...yesterday it had bought 79 percent of Khoom Khao's shares under an agreement signed with Khoom Khao's major shareholders in July. The shares...
- Insurer LMG pursues bigger auto-market share.
- Newspaper article from: Knight Ridder/Tribune Business News September 7, 2004 700+ words
...of Narai International Insurance and Khoom Khao Insurance, hopes to increase its share...premiums earned in combination by Narai and Khoom Khao) and ninth in all other segments. Liberty...venture made a tender offer to buy out Khoom Khao last year. Apart from Thailand, Liberty...
- Broadcast International Appoints SkyRec Company Group as Italian Representative.
- Press release article from: Business Wire April 8, 2009 700+ words
SkyRec Company Group will become the Italian distributor...announced today the appointment of SkyRec Company Group as its Italian representative and...International in the Italian market. SkyRec Company Group, the leading European company of...
- Rare earth companies in Baotou merged into company group.
- Newspaper article from: China Business News December 12, 2002 700+ words
...earth companies in Baotou merged into company group Shanghai. December 12. INTERFAX-CHINA - A company group comprising 24 local rare earth companies...member of the group. Formation of the company group is aimed at consolidating the now...
- Nonferrous metals company group formed in Huludao with assets worth USD 1 bln.
- Newspaper article from: China Business News December 19, 2002 700+ words
Nonferrous metals company group formed in Huludao with assets worth USD 1 bln Shanghai. December 19. INTERFAX-CHINA - A large nonferrous metals company group with total assets valued at RMB 8.32 bln (USD 1.00 bln), was recently established...