NHG represents Mapfre in acquisition in Insignia Life
Nader Hayaux & Goebel has represented Mapfre México in the acquisition of 94.4% of the share capital of the Mexican insurer Insignia Life, for an amount of 1,615,800,000 Mexican pesos.
With this acquisition, Mapfre aims to expand and diversify its range of life insurance products, driving further growth of this business in the Mexican market.
Insignia Life is a Mexican insurance company authorised to operate life insurance. The company has been operating in Mexico since 2008 and currently serves more than two million customers. Its current portfolio is valued at approximately EUR 105 million in premiums.
NHG’s team was led by partners Yves Hayaux-du-Tilly (pictured left), Luciano Pérez (pictured centre, left), Alejandro Mendiola (pictured centre right) and Ana Paula Pardo (pictured right), of counsel José Manuel Zavala and associates Mauricio López, Ana Paula Silva, Sandra Portillo and Mario Herrera.