Page 347 - BAM ONE REPORT 2564 (ENGLISH VERSION)
P. 347
Form 56-1 One Report 2021
Bangkok Commercial Asset Management Public Co., Ltd. 345
Insured properties Structures and buildings (excluding the foundation); decoration and renovation thereof;
advertisement boards, equipment, components or any parts of the advertisement boards
that bear the Company’s name (but not commercially used boards); furniture, fixtures and
fittings, computers (excluding notebooks) and computer equipment of the principal office
and all branch offices
Insurance period From December 31, 2020 (4:30 p.m.) to December 31, 2021 (4:30 p.m.)
Sum insured Baht 1,320,353,149.56 in total
Policy type Property risk insurance
Coverage/ 1. Insurance against all types of risks for physical damage or loss of the insured properties
Limited liability as a result of any accidents arising from all types of external causes under the terms,
conditions and exceptions of the standard property insurance form (OIC Standard Form),
with limited liability applied to the following perils that occur to the principal office
and branch offices of the Company:
1.1 Windstorm, flood, earthquake, volcanic eruption, underwater wave or Tsunami, and
hail;
1.2 Damage or loss from theft, with clear signs of intrusion of the insured properties,
plunder and robbery;
1.3 Damage or loss against electrical appliances;
1.4 Damage or loss against permanently installed glass panels and/or glass panels that
are integral parts of the structure; and
1.5 Damage or loss against machinery.
2. Third party liability
The insurer agrees to be responsible for paying the indemnity on the Company’s behalf
for the damage or loss incurred to the third party that the Company is liable to, in
accordance with the law, as a result of or caused by accidents arising from its business
operation or in relation to the insured business under the sum insured of the limited
liability for the following losses:
2.1 Loss of life and body, injury, illness or health of the third party; and
2.2 Loss of or damage to the third party’s property.
Auto Insurance Agreements
The Company has the policy to enter into auto insurance agreements for all vehicles used for supporting its
business operation with various insurance companies on a yearly basis, with the Company endorsed as the beneficiary
in accordance with the terms and conditions of those policies, with the insurance term of about one year. As of December
31, 2021, the Company took out the insurance for 326 vehicles, with the total sum insured of Baht 170.14 million.
Business Operation Registration
The Company was approved for registration as an asset management company, the details of which are as follows:
Registration Certificate Approver Registration term
Asset Management Company Registration Certificate Bank of Thailand Indefinite term
No. 001/2542, for the purpose of operating as an asset
management company under the Emergency Decree
on Asset Management Company

