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Everest receives regulatory nod to operate in Mexico


Bermuda-based Everest Group Ltd. has received approval regulators to operate in Mexico, with Jaime Lopez as the head of country’s operations, The Royal Gazette reported. Mr. Lopez said that the rapidly evolving insurance market in the country presents a major opportunity for the insurer. Pablo Korze, senior vice-president and regional president, Latin America, said that the country’s growing economy and geographical location make it a key emerging market in the global financial landscape.

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