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Porto Seguro links with AIG Seguros do Brasil for SME insurance offering

Porto Seguro SA's subsidiary Porto Seguro Companhia de Seguros Gerais SA has partnered with AIG Seguros do Brasil for an alliance focused on the liability insurance market for small and medium-sized companies, according to a filing.

With the initiative, Porto Seguro aims to strengthen its position in the segment, with an increase in the portfolio of its main business branches.

The partnership is subject to the approval of antitrust regulator CADE and private insurance regulator SUSEP.