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Grupo Assa completes integration of AIG Seguros El Salvador

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Grupo Assa completes integration of AIG Seguros El Salvador

ASSA Compania Tenedora SA unit ASSA Compania de Seguros SA has completed the integration process of AIG Seguros El Salvador SA, which it acquired from American International Group Inc. roughly a year ago.

With the integration, ASSA El Salvador has assumed all the liability, equity, assets and operations of AIG Seguros El Salvador, Grupo Assa SA said in an Oct. 12 statement.

The acquisition was part of a deal reached in 2015 for Grupo Assa to acquire 100% of AIG's operations in Central America.