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NHG represented the Mexican Mapfre Group
NHG advised the Mexican Mapfre Group in the acquisition of 94.4% of the capital stock of the Mexican Insurance Company Insignia Life, for an initial amount of approximately 86 million euros.
With this new acquisition, Mapfre intends to develop a range of life insurance products that will drive the growth of this business in the Mexican market.
The acquisition is subject to the prior authorization of the National Insurance and Bonding Commission (CNSF) and the Federal Economic Competition Commission (COFECE).