Nationale Suisse sells Belgian travel portfolio to Mapfre
Swiss insurer Nationale Suisse has agreed to sell the travel insurance portfolio of its Belgian subsidiary L'Européenne to Mapfre Asistencia, a subsidiary of Spanish insurer Mapfre, for an undisclosed fee.
The move will complete its withdrawal from the direct insurance market in Belgium.
As part of the transaction, Mapfre Asistencia will be taking over the 16 employees assigned to the travel insurance
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