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Peruvian insurer Vida Camara to acquire Rigel Peru's portfolios

The board at Peruvian insurer Compania De Seguros De Vida Camara SA has approved its acquisition of Rigel Peru SA Compania De Seguros De Vida's disability, survival and funeral insurance portfolios for an undisclosed amount, according to a statement.

The transaction is subject to regulatory approvals, Vida Camara said in its Oct. 2 statement.