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UK-based MNK Group completes acquisition of Danish non-life insurer ETU Forsikring
UK-based MNK Group has completed the acquisition of 100% of ETU Forsikring, a Danish non-life insurer, marking MNK Group's first risk carrier domiciled in the EU. The deal followed approval from the Danish Financial Supervisory Authority. MNK Group plans to commit new capital to ETU and expand its existing Danish and Nordic operations, aiming to develop the insurer into a hub for its broader European operations.
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