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Bangkok Union Insurance Pcl (Thailand)

Main Activities: Insurance Carriers
Full name: Bangkok Union Insurance Pcl Profile Updated: September 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Bangkok Union Insurance Pcl is a non-life insurance company based in Bangkok, Thailand. It was established on February 5, 1929, under the name "Hua Cheung Lin Ha Kong Si Co., Ltd." with a registered capital of 400,000 baht. The company initially focused on fire insurance, which was popular among merchants at the time, making it the first Thai company to operate non-life insurance. Currently, Bangkok Union Insurance offers a wide range of non-life insurance services. The company prioritizes developing personnel and products to meet customer needs. It also emphasizes transparent and fair management, adhering to the principles of social responsibility. The company is committed to achieving maximum customer satisfaction and maintaining a good reputation in the long term. The company operates in two segments: non-life insurance business and rental of office space business. It underwrites both direct insurance and reinsurance from domestic and foreign non-life insurance providers. The company accepts risks from policyholders, who can choose from various insurance options based on their assets. The company offers four types of insurance products: Fire Insurance, Marine and Cargo Insurance, Motor Insurance, and Miscellaneous Insurance. These products include policies such as Fire Insurance Policy, Household Insurance Policy, Marine Cargo Insurance Policy, Compulsory Motor Insurance, and more.

Headquarters
175 177 Bangkok Union Insurance 1 Building, Surawong Road, Suriyawong
Bangkok , Special Governed District of; Central Thailand; Postal Code: 10500

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Website: http://www.bui.co.th

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1929
Key Executives
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Chairman
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Chairman of the Executive Committee
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Chairman of the Executive Committee
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Chairman of the Executive Committee
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Managing Director
Ownership Details
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29.24%
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6.27%
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5.47%
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5.22%
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4.05%
Company Performance
Financial values in the chart are available after Bangkok Union Insurance Pcl report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency THB. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-1.82%
Operating profit (EBIT)
14.9%
Net Profit (Loss) for the Period
14.51%
Total assets
-4.02%
Investments
-0.25%
Receivables
-19.44%
Total equity
23.31%
Net Premiums Earned Trend
8.74%
Net Profit Trend
-421.45%
Return on Equity (ROE)
-1.06%
Loss Ratio
-0.57%
Underwriting Expenses Ratio
-4.79%

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