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Arthur J. Gallagher acquires THB Chile

Arthur J. Gallagher (AJG) acquired Santiago, Chile-based THB Chile. Terms of the transaction were not disclosed. THB Chile is a retail insurance broker providing property/casualty, life and health benefits, and reinsurance services to clients throughout Chile. The THB Chile team will operate under the direction of Lionel Soffia, head of Gallagher’s retail insurance and reinsurance brokerage operations in Chile and Latin America.

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