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Moderate gains posted by listed firms last year.

Bangkok Post (Bangkok, Thailand)

| March 04, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Mar. 4--State-owned Dhipaya Insurance plans this year to tap into new products including directors' and officers' liability (D&O) coverage, and industrial coverage for small enterprises to build business growth.

According to managing director Charuek Kungwanphanich, Dhipaya last year generated premiums worth over 6.85 billion baht, a rise from 6.35 billion baht in 2003, with profit increasing to 506.795 million baht from 361.831 million baht in 2003.

A 40 percent rise in net profit was attributed mainly to higher underwriting profit and increased investment income, he said.

Dhipaya posted underwriting profits of 808.94 million baht, with ...

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Source: HighBeam Research, Moderate gains posted by listed firms last year.

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