23 Mar 2018, By Natalia Yanakieva, EMIS Acting Head of Editorial
ZURICH ACQUIRES QBE LATIN AMERICA OPERATIONS FOR USD 409MN
The QBE deal, which is subject to regulatory approvals, will provide the Swiss insurer with significant presence in Argentina and Ecuador while adding incremental scale and capabilities in Colombia, Brazil, and Mexico.
The deal, which is to be funded by internal resources, should be finalised by end-2018.
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