Hyperion takes control of Chilean broker
UK insurance and reinsurance brokering group Hyperion has continued its Latin American expansion by taking control of an insurance broker in Chile.
Hyperion has increased its ownership in Howden Patagonia to 51% from 25%, people with knowledge of the deal confirmed to BNamericas.
Hyperion's Howden Broking Group acquired the 25% stake in 2013 in what was then Patagonia Corredores de Seguros – and the broker began operating under the Howden brand.
The Santiago-based firm is active in several market segments, including property, energy, liability, construction, accident and health, and affinity.
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