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Tokio Marine to Enter Mortgage Insurance Biz in Brazil

Tokio Marine to Enter Mortgage Insurance Biz in Brazil

   Tokyo, Jan. 8 (Jiji Press)--Japanese nonlife insurer Tokio Marine Holdings Inc. <8766> will establish a joint venture in Brazil to underwrite mortgage and homeowner insurance.
   Tokio Marine said Tuesday it has reached an agreement on the establishment with Caixa Seguridade Participacoes SA, an insurance holding unit of Brazilian state-owned lender Caixa Economica Federal.

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