The Navakij Insurance Public Company Limited (the “Company”) has been engaged in the non-life insurance business since 23 September 1933. Founded by the Wanglee Family, the Company was initially known as Luang Lee Insurance Company Limited. At the initial period, only fire and marine insurance were provided. The Company later changed its name to The Navakij Insurance Public Company Limited on 15 August 1985. On 24 August 1990, the Company was listed in the Stock Exchange of Thailand with a paid up capital of forty million Baht and increased its capital to eighty million Baht in 1992. On 20 August 1993, the Company was registered as a public limited company and changed its name to “The Navakij Insurance Public Company Limited.
The Navakij Insurance Public Company Limited, operated by Thai management team has financial stability, expertise and experience in non-life insurance business for more than 90 years. The Company underwrites all types of insurance business that are fire, marine and transportation, motor and miscellaneous.
At present, the Company’s registered capital is 380 million Baht with a paid-up capital of 380 million Baht. The headquarter is located at 100/47-55, 90/3-6 Sathorn Nakorn Building, 26th-27th Floor, North Sathorn Road, Silom, Bangrak, Bangkok 10500. There are 24 branches all over Thailand both in the metropolitan area and regions.
Significant changes and developments
2023
- Increased registered capital by 10 million Baht to support the stock dividend payment to existing shareholders by issuing new 1 million ordinary shares with a par value of 10 Baht per share, as a result total registered capital was 370 million Baht.
2022
- Increased registered capital by 10 million Baht to support the stock dividend payment to existing shareholders by issuing new 1 million ordinary
shares with a par value of 10 Baht per share, as a result total registered capital wer 360 million Baht.
2021
- Paid a dividend for 2020 operating performance from 2010 and 2015 retained earnings for 35 million shares at the rate of 1.50 Baht per share.
- Certified for Information Security Management Systems Standards (ISO 27001 : 2013)
- The Company received 100 points on the quality assessment of the Annual General Meeting of Shareholders conducted by Thai Investors Association, rated "excellent" for 15 consecutive years.
- The Company achieved the CG scores of “excellent” level of recognition or “5 star” rating in the Corporate Governance Report of Thai Listed Companies organized by the Thai Institute of Directors (IOD) for the 15 consecutive years.
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