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Dual buys Mexican MGA; opens new office in Brazil

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Mergers and acquisitions

U.K.-based brokerage Howden Group Holdings Ltd.’s underwriting arm Dual Corporate Risks Ltd. has acquired Mexico-based reinsurance managing general agent Dock Re, which focuses on property, casualty, and financial lines and is also a coverholder at Lloyd’s of London, Reinsurance News reported. Dual has also opened a new office in Sao Paulo, thus expanding its footprint in the Latin American market.

 

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