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Article: AIG Europe Licensed to Operate a General Insurance Company In Georgia.
- Article from:
- Business Wire
- Article date:
- June 8, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK -- American International Group, Inc. (AIG) today announced that its wholly owned subsidiary, AIG Europe, S.A., has received approval from the Insurance State Supervision Service of Georgia for the establishment of a branch in Tbilisi, Georgia. AIG Europe, S.A. (AIG Europe) is headquartered in Paris, France.
"The AIG Companies are well established in Central & Eastern Europe and the Commonwealth of Independent States (CIS). We view the long term growth potential of the general insurance market in the Caucasus region as promising," said Bengt Westergren, President of AIG's general insurance operations in Central Europe & CIS, and Vice-Chairman of the ...