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Chubb merges Mexican units

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Switzerland-based insurer Chubb Ltd. has merged its Mexican units, bringing the operations with ABA Seguros S.A. de C.V. and Chubb de Mexico Compania de Seguros S.A. under the license of ACE Seguros S.A. (Mexico), BNamericas reported. ACE Seguros will operate under the name of Chubb Seguros Mexico following the merger. The three units' gross written premiums totaled $420 million in the first six months of 2017.

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