commercial insurer News

AIG Closes Georgia Office, 420 Workers Shifting to Kansas

American International Group Inc., the largest commercial insurer in the U.S. and Canada, is closing an office in Georgia with 420 workers. Some positions at the Alpharetta shared-service center will move to other AIG sites, including one in Olathe, Kansas, …

ACE Acquires Majority Stake in Siam Commercial Samaggi Insurance in Thailand

ACE Limited announced that the company and its local partner have reached a conditional agreement to purchase a 60.9 percent stake in The Siam Commercial Samaggi Insurance PCL, a general insurance company in Thailand, from Siam Commercial Bank. Established in …