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Bermudian insurer Sompo International Holdings Ltd. has launched a Luxembourg unit of SI Insurance (Europe) S.A., The Royal Gazette reports. SI Insurance (Europe) has branches in the United Kingdom, Spain, Italy, Germany, France and Belgium. It will issue insurance policies and reinsurance treaties for new and renewal business in continental Europe. European Economic Area will continue to be serviced from London via the U.K. branch of SI Insurance (Europe).