What is Seoul Guarantee Insurance Company?
'''Seoul Guarantee Insurance Company''' ('''SGIC''', {{Korean|hangul=서울보증보험}}) is a [[Finance|financial]] services company in [[South Korea]]. Its headquarters are in [[Seoul]]. SGIC is the largest provider of surety and [[trade credit insurance|trade credit]] [[insurance]]. It is fully owned by [[Korea Deposit Insurance Corporation]]. KDIC is a government institution that insures bank deposits. ==History== The company was formed after the merger between Hankuk and Korea Fidelity and Surety Corporation. It happened during the [[1997 Asian financial crisis|economic crisis]] that hit Korea in 1998. A mass [[layoff]] and [[restructuring]] followed. ==Other websites== * [http://www.sgic.co.kr/english/index.jsp Official Homepage] {{Webarchive|url=https://web.archive.org/web/20071010133132/http://www.sgic.co.kr/english/index.jsp |date=2007-10-10 }} [[Category:Insurance companies]] [[Category:Companies of South Korea]] {{Asia-stub}}