01-07-2016 12:45 via insuranceinsider.com

Final RSA LatAm sale closes

The sale of RSA's Uruguayan arm to Suramericana has closed to
complete the Colombian insurer's acquisition of RSA's Latin
American operations.
Suramericana, part of Grupo de Inversiones Suramericana, struck
an all-cash deal to acquire all of RSA's Latin American
subsidiaries for £403mn ($546mn).
The Insurance Insider revealed in
March last year that RSA had appointed an investment bank to
auction the segment.
The sale of the Brazilian business completed on 29 February,
while the Colombian
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