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Charan Insurance Pcl (Thailand)

Main Activities: Insurance Carriers
Full name: Charan 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

Charan Insurance Pcl, located in Bangkok, Special Governed District of, is a Thailand-based company that was established on 10 November 1949 under the name "Soon Heng Lee Insurance Company Limited". The company has a starting capital of 2.0 million baht and is licensed to operate all lines of non-life insurance underwriting, including fire insurance, marine insurance, miscellaneous insurance, and automobile insurance. With authorized paid-up share capital of 120.0 million baht, Charan Insurance Pcl is listed on the Stock Exchange of Thailand under registration number 0107537000807 (formerly Bor Mor Jor 327). The company's core business is divided into direct insurance and reinsurance. Direct insurance involves selling insurance through agents, brokers, individuals and firms, financial institutions, and directly to customers. Charan Insurance Pcl operates in four classes of non-life insurance underwriting: fire insurance, marine cargo and logistics insurance, miscellaneous insurance, and motor insurance. The miscellaneous insurance category includes various types of coverage such as accidental damage (Property) insurance, contract works insurance, electronic equipment insurance, cancer guard policy, money insurance, plate glass insurance, fidelity guarantee insurance, dormitory insurance, gold insurance, crop insurance, bail after insurance, boat accident insurance, jobless insurance, director and officer insurance, all risks insurance, bail before insurance, fault building certification insurance, and unnamed passenger insurance.

Headquarters
408/1 Charan Insurance Building, Rachada Phisek Rd, Samsennok
Bangkok , Special Governed District of; Central Thailand; Postal Code: 10310

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Website: http://www.charaninsurance.com

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:
1949
Key Executives
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Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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18.23%
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9.08%
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6.17%
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5.77%
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4.82%
Company Performance
Financial values in the chart are available after Charan 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
-22.32%
Operating profit (EBIT)
-62.57%
Net Profit (Loss) for the Period
-61.91%
Total assets
-2.87%
Investments
-6.91%
Receivables
-2.44%
Total equity
-5.19%
Net Premiums Earned Trend
-1.25%
Net Profit Trend
230.36%
Return on Equity (ROE)
-2.23%
Loss Ratio
6.01%
Underwriting Expenses Ratio
21.24%

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