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EuroAmerica to Purchase 50% of Rigel

Chilean financial conglomerate EuroAmerica announced Tuesday that they have agreed a deal to buy 50% of Peruvian insurance provider Rigel, and will share ownership of the company with the Dercorp Group.

Rigel has been in operation in Peru since 2013, providing disability and survival insurance. Details on the figures of the deal have not been made available, however the transition will materialise once the Peru regulators have approved the deal.