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World Insurance Report

BCP relinquishes 21% stake in Eureko

Banco Comercial Portugues has decided to pull out of the pan-European insurance group, Eureko. BCP will take back control of its former insurance arm Seguros i Pensoes. In return BCP will relinquish its 20.8% stake in Eureko, plus €150mn. This will leave BCP with a 5% holding in Eureko, and give control of the Dutch based company to Achmea.

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