Insurance Post

Mapfre and Euler Hermes receive green light for JV

Models of people representing mergers and acquisitions

Spanish insurer Mapfre and French insurer Euler Hermes have been cleared by the European Commission to proceed with their planned credit insurance joint venture.

The firms unveiled the plan to integrate their existing credit insurance activities in Spain, Argentina, Chile, Colombia and Mexico in May this year, but only notified the Commission of the

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