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Munich Re has announced the establishment of a subsidiary company in Sao Paulo

March 01, 2011
Brazil

Operating for ten years on the Brazilian market through a representation office, the reinsurer Munich Re has announced the establishment of a subsidiary company in Sao Paulo.
Regarded as the most important market in the South American area, Brazil, which generates an annual insurance premium volume of 27 billion USD, is credited with a high potential due to its economic growth.

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