Approval_Authorization sheet_Aisin group-signed

UW Received on 17/9/2021

Mitsui Sumitomo Insurance Co., Ltd. Thailand Branch

Authorization Sheet for Advance Inquiry/Approval as per Authority for Acceptance according to Underwriting Manual
[ Non-Marine ]

TO: MSI HO International Dept. via GM or DGM or AGM and UW Mgr Ref. No. A21/200/MP4/00 Issue Date : 14/9/2021

GM or DGM or AGM via UW Mgr UW Mgr/EAM/AM New Renewal Endorsement Bad Result A/C

Person in Charge / Dept : Natenapa/MP4 Signed by MP Mgr : Date: 2021/09/20

Signed by DGM of MKT : Date:
POLICY DETAIL
(dd mm yyyy)

Insured Name Aisin Group (14 Insured Names) J-A/C Non-J-A/C
Policy No
Type of Coverage As attached Effective date 30/9/2021 to 30/9/2022 (dd mm yyyy)

Conditions (Liability Policy) PD/BI (specify) Suppliers/Customers Ext. Cover Engineering (specify)
Broker Name
Premium 100% Liability (specify) Others (specify)
Total Sum Insured (100%)
Claims Made Cost inclusive Exclusion (Liability Policy): Punitive Damage Asbestos/Pollution
Amount to be allocated
TTIB Brokerage % 18.00% Agent comm. % (if applicable) :

THB 94,742,410.00 Leader's Name : MSI Leader's Share % : 55.90%

THB 100,678,465,915.03 Allocation Basis Top Risk

Top Risk MSI Share % MSITB Gross Acceptance (MGA) MSIJ Exposure
6,358,814,628.04
THB 13,382,752,032.07 55.90% 7,480,958,385.93

PROPOSED REINSURANCE (% of MSI Thailand Branch Acceptance and Amount) unit : THB
Sum Insured/Limit
% Allocation based on % Allocation based % Allocation based
on MGA
MSIJ Exposure on MGA Sum Insured/Limit

Prop. QS & SP 0.0000% - QS Tty via GC 0.00% -

Prop. Sp. QS&SP 0.0000% - SP Tty via GC 0.00% -

Prop. New QS&SP 12.00% of 85% 10.2000% 763,057,755.36 ELC (if applicable) 0.00% -

Eng. Surplus 0.0000% - MSITB Retention 74.80% 5,595,756,872.67

Fac. To Local Reinsurers 0.00% - Amount to be allocated 100.00% 7,480,958,385.93

Fac. To Foreign Reinsurers 15.00% 1,122,143,757.89 MSIJ Exposure THB 6,358,814,628.04

Exchange Rate 3.80 JPY 24,163,495,586.54
Reinsurance Section's comment - R/I allocation based on top risk at 235 M.7,Tha Tum District, Srimahaphot, Prachinburi 25140

(under Insured Name: Siam Aisin Co., Ltd., Aisin Asia Pacific Co., Ltd. & AH Brake (Thailand) Company Limited),
and MSIJ Exposure is THB 6,358,814,628.04 (as attached).
- This policy is not accumulated risk with other policy.
- Fac. Captive to Aisin Captive via HO 15% of MSI's share 55.90% (or equivalent to 8.3850% of 100%).
- We are trying to find Facultative R/I arrangement, and we are still waiting for reinsurer's feedback.
(All reinsurers need update survey report of all insured under Aisin Group for their consideration.)

Jittima (20.09.2021)

RISK DETAIL

Occupancy Auto Part Mfg. Risk Grade B&C
Construction Type Concrete
Rate Construction Year 1989

Increase Decrease from As attached to As attached Tariff Yes No

Maintain Rate

REASON FOR APPLICATION

Exceeding the Authorized Amounts Underwriting for Risks under Detail Guideline for Underwriting Authority 1

(Please specify what application is required and explain in detail.)

1) The approval from HO is required for

1.1) Accum. is over THB 5,526 M.

1.2) A007HO : Cyber Risk (this policy extends Prevention or Denial of Access Clause (FLEXA), Public Utilities Extension Clause (FLEXA),

C & S Clause (FLEXA) (cover named & unnamed and worldwide), however this policy attach Cyber Risk Exclusion (NMA2915)

(Write-Back : Fire and Explosion)

For this bidding year of Aisin's global program, the insureds request us to consolidate the 14 policies and reduce the premium rate also.

However, the main T&C is same as last year.

1.3) B003HO (B) : Limit for unnamed C & S is exceeding 10% of BI sum insured (for Insured : Y C K, Shiroki and AH Brake only)

1.4) B013HO : Occupancy where MSIJ exposure exceeds JPY 1,000 M. (Aluminium mfg.)

2) The approval from AGM is required for premium rate reduction as attached.

Flood Insurance Underwriting fill this part additionally if sub limit for flood over THB 10,000

Flood Insurance Underwriting Zone
Flood Rate
Location
Existing New/Renewal
Flood Limit (Our Share)
Reason for Acceptance

(Policy Year Basis, Our Share Basis) LOSS RECORD (5 years) unit : THB
Remark
Year Premium Incurred Loss Paid Loss O/S Loss L/R Cause of Loss
2020 51,411,843.45 365,145.13 39,593.63 325,551.50 0.71% As attached Premium Rate
648,743.25 1.27% As attached
2019 51,051,294.80 648,743.25 - 5.54% As attached
2,776,839.79 8.55% As attached
2018 50,086,243.10 4,075,769.31 2,776,839.79 - 8.55% As attached
3,783,263.54
2017 47,697,181.80 4,075,769.31 -

2016 44,262,205.70 3,783,263.54 -

Total 244,508,768.85 11,649,761.02 11,324,209.52 325,551.50 4.76%

fill this part additionally if flood coverage and/or reduction in premium rate is required

Year Premium Incurred Loss Paid Loss O/S Loss L/R Cause of Loss
2011 13,278,294.00 1,539,270,057.08 1,539,270,057.08 - 11592.38% As attached

RISK SUMMARY & COMMENT
n Latest Survey

Thai Engineering 14/08/19, Siam AT 21/08/19, Aisin Takaoka Foundry 21/08/19, The Siam Nawaloha 26/08/19 ,
The Nawaloha Industry 28/08/19, Aisin Thai Automotive 24/11/16
n Exposure & Special Hazards (i.e. Fire loads, Perils, Flood prevention measurement, Surrounding, etc)
Fire
n Fire Prevention & Protection
Automatic Fire Alarm System, Manual Fire Alarm System, Fire Pump, Hydrant, Hose Reel, Fire Extinguisher
n Surveyor's Recommendation and Risk Improvement Progress (fill this part additionally if L/R of existing policy exceeding 60%)

n Overall Appraisal & Risk Opinion
Moderate

Unapprove Policy Wording / Special Clauses Checklist

Unapproved policy wording (manuscript)

Unapproved special clauses (specify clauses' name)

n Exposure & Protection UNDERWRITER'S VIEW
n Overall Appraisal & Risk Opinion
The occupancy is auto part manufacturing so risk of fire is considered as moderate, however there is
firefighting apparatus to reduce the possibility of fire risk. Other exposure is considered as moderate.
Loss record for the past 5 years is low. Some items of risk recommendation have been improved.
however please follow up pending items. Overall appraisal is considered as acceptable.

Weena (17/09/2021)

Approved (conditions if any) APPROVAL AT MSI Thailand Branch (Please also enter dates)
Not approved (specify reason)
Approved (conditions if any)
Not approved (specify reason)

Signed by UW Mgr/EAM/AM Signed by AGM/DGM/GM

Date 21/9/2021 (dd mm yyyy) Date 21/09/2021 (dd mm yyyy)
(dd mm yyyy)
TO: Mitsui Sumitomo Insurance Co., Ltd. Thailand Branch

FROM: MSI HO - International Dept. APPROVAL AT MSI HO - INTERNATIONAL DEPT (Please also enter dates)

Approved (conditions if any)

Not approved (specify reason)

Signed by MSI HO Date 27/09/2021

* Attachment No. 1 (Sheet 1 & 2) is required to be attached with the Authorization Sheet when obtaining approval from MSI HO and CBI extension is given. (For J-A/C)
* Attachment No. 2 is required to be attached with the Authorization Sheet when obtaining approval from MSI HO and CBI extension is given. (For Non-J A/C)
* This Authorization Sheet is applicable to risk exceeding the authority of MP Manager.
* When submitting to MSI HO for approval, please c.c. to Underwriting Manager.