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Siam City Insurance Co., Ltd., former name - The Menam Warehouse Insurance Co.,Ltd. was established on December 26, 1947 with initial registered capital of 2 million baht. Its main objective was to underwrite all types of general insurance business including reinsurance. The first underwriting for fire insurance business commenced on April 13, 1948. The Company increased its capital to 14 million baht and 20 million baht in 1967 and 1969 respectively and fully accomplished its main objective by writing all types of general insurance business in 1992.

Two years later, the group of Siam City Bank Public Company Limited become major shareholders of the Company. Then the Company changed its name, to be harmonious with the name of the bank, to Siam City Insurance Co., Ltd. in 1995 and the paid-up capital was subsequently increased to 40 million baht.

For more than 60 years, Siam City Insurance Co., Ltd. has bee operating steadily and successfully with the strong supports from clients and shareholders. It has now set out to move forward with determination : Providing wide range of insurance protection with quality services to clients.

 

© 2008 Siam City Insurance Co.,Ltd.

 

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