Hannover Re acquires 30% of Ecua Re
Hannover Re, the world's third largest reinsurer, will buy 30% of the shares in Ecuador's Ecua Re, according to insurance publication Inese.
"Hannover Re joining the ranks of our shareholders not only strengthens our excellent position in the current market, but is also a great support for our growth strategy," Inese reported Ecua Re chairman Jorge Abbud as saying.
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