Thailand: ACE to acquire majority control of Thai insurer
    
        
            
                
            Source: Asia Insurance Review | Feb 2014
         
     
    
    
    
    
    
    
    
    Zurich-headquartered ACE has agreed to buy a 60.9% stake in Thai non-life insurer, Siam Commercial Samaggi Insurance, for about US$185 million as foreign insurers step up their presence in underdeveloped Southeast Asian insurance markets.
    
    
    
    
    
	
        
		
        
            
                
				
					
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