HISTORY

Bangkok Life Assurance Limited was established as Siam Life Assurance Company Limited on June 1, 1951 The founders included Former Prime Minister Kuang Aphaiwongse, Phya Sriwisarnwacha, Mr. Chin Sophonpanch and many other high ranking honorable gentlemen. Their vision was to provide Thai society with peace and prosperity and a better quality of life.

During those early years, the company’s business activities were mostly involved with fraternal benefit until the year 1977 when the Chairman of the Advisory Board, Mr. Chin Sophonpanich, advised the company to concentrate on developing life insurance activities. The company underwent reorganization and the reputable and knowledgeable Mr. Vai Vathanakul was requested to advise the company in planning its new business endeavors, together with Mr. K.V. Claridge, F.I.A. from the Swiss Reinsurance Company of Switzerland.
On January 1, 1979, Siam Life Assurance Company Limited changed its legal name to “Bangkok Life Assurance Limited” to underscore the association with the prestigious Bangkok Bank Public Company Limited, a major shareholder which provides continuous support for the company.