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Chilean insurance market likely to see more mergers and acquisitions: Fitch

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Chile's insurance industry is likely to experience more mergers and acquisitions in the years to come, Fitch Ratings Chile said.

Rodrigo Salas, the ratings agency's senior director for insurers, said the deals seen in the past few years involved both overseas and local players, BNamericas reported.

Mr. Salas added that the country's insurance market continues to present growth potential.

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