Ace Thailand

ACE to buy Thailand insurer

The NYSE-listed multiline property and casualty insurer agreed to buy Siam Commercial Samaggi Insurance for about $185 million, the latest in a string of M&A deals in the sector.

ACE, a NYSE-listed multiline property and casualty insurer with operations in 54 countries, said on Monday it plans to buy Siam Commercial Samaggi Insurance for about $185 million.

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