February 3Viriyah Insurance Company Limited was incorporated under the name Asiatic Distributing Company Limited
with 5 million Baht paid-up capital. At the beginning, the company offered two major insurance classes, fire insurance and marine and cargo insurance.
January 14The name of the company was changed to "Asiatic Distributing Insurance Company Limited"
The company expanded its insurance business to include car insurance and miscellaneous insurance in order to serve the growing Thai economy and ensure the security of Thai people and communities. The company was then renamed “Viriyah Panich Insurance Company Limited.”
To become a professional non-life insurer, the company was renamed once again to be “Viriyah Insurance Co., Ltd.”
and has since operated its business under this name, which has gained the acceptance and trust of the Thai people all along.
1987The year of pride, as the company reached the number one position in the car insurance company for the first time. This position has been maintained until the present day.
The company once again achieved great success in the non-life insurance business with the top ranked position in the entire non-life insurance market. The company has maintained this market leadership until today.
The value of premium received was surpassed 20,000 million baht
for the first time.
To become a public company under the name “The Viriyah Insurance Public Company Limited”.
The value of premium received was surpassed 30,000 million baht for the first time.
The Viriyah Insurance Public Company Limited is Thailand’s number one non-life insurance company that has maintained its leadership in the industry over a long period of time. The company’s direct insurance premiums for the year 2013 totaled 33,983.11 million bath, with the current market share of 16.74%.