NU Online News Service, July 5, 12:12 p.m. EDT

Jardine Lloyd Thompson Group plc (JLT) says it has acquired an initial 50.1 percent interest in the share capital of Alta SA, holder of a major insurance brokerage firm in Chile.

JLT says that Alta is the holding company of Orbital Corredores de Seguros, the fourth-largest insurance broker in Chile, and Alta Re, a reinsurance broker which commenced operations in April 2010.

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