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Sura Buys Asesuisa for $98m

Feb 8, 2011

Colombian insurance conglomerate Suramericana announced it is acquiring El Salvador-based insurance company Asesuisa from Bancolombia's Banco Agricola, also based in El Salvador. It says it will pay...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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