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World Insurance Report

Wiese Aetna

Latin America

Peruvian composite insurer Wiese Aetna, the joint venture between local financial services group Wiese and ING of the Netherlands, will increase its capital by S10.5mn (US$3mn) to S77mn. Wiese Aetna also intends to increase its gross premium income by 10% to S274mn. Wiese Aetna has a 21% share of the Peruvian life market and a 8.5% of the nonlife market.

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