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Friday, February 23, 2007

Company Profile

MSIG Insurance (Thailand) : Company Profile

MSIG Insurance (Thailand) Co., Ltd. is a leading ISO 9001:2000 certified international general insurer with annual premium income of over Baht 2,000 million. The company employs more than 400 dedicated and service-minded staff at its head office in Bangkok and in a nationwide network of 12 branches and service offices.

In October 2003, we received ISO9001:2000 accreditation for all our internal processes. This achievement, an international recognition of quality, underlines the company's commitment to put our customer's satisfaction first.

In September 2004, Mitsui Sumitomo Insurance (MSI), a leading Japanese general insurer signed an agreement to purchase the general insurance operations of the Aviva International Insurance plc group in Singapore, Hong Kong, Malaysia, Thailand, Indonesia, Philippines, Macau and Brunei. MSI agreed to purchase all of the Aviva group's shareholdings in Aviva Insurance (Thai) Co., Ltd. and this share transfer was finalised on March 1st 2005. MSIG Insurance (Thai) is now a proud affiliate company of the MSI group.

The MSI group operates in 38 countries providing a full range of general insurance products and services. In 2006, MSI NWP income was US$12,466 million (Baht 473,700 million). Its current total assets is approximately US$80,447 million (Baht 3 million)

MSIG Insurance (Thailand) continues to grow strongly, building on its long successful history of providing the best in trusted insurance risk management services. As a progressive company with an excellent reputation for prudent underwriting, strong financial fundamentals and a professional management team, MSIG Insurance (Thailand) is committed to good corporate governance, pro-active corporate social responsibility practices and providing the best in insurance products and services that meet the needs of all our customers.

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