Seoul Guarantee Insurance Company

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Seoul Guarantee Insurance Company (SGIC, 서울보증보험) is a financial services company incorporated in South Korea. Headquartered in Seoul, SGIC is the largest provider of surety and trade credit insurance. It is fully owned by Korea Deposit Insurance Corporation, a government institution that insures bank deposits.

History[edit]

The company was formed after the merger between Hankuk and Korea Fidelity and Surety Corporation during the economic crisis that hit Korea in 1998. A mass layoff and restructuring followed.

External links[edit]