Spanish credit union Caja Laboral has recently acquired all the shares in ICMIF member Seguros Lagun Aro which operates in both life and non-life insurance. Caja Laboral has taken 100% control of Seguros Lagun Aro after a payment of 65 million euros, which was an internal transaction with the Mondragón Corporation, the parent company of both Seguros Lagun Aro and Caja Laboral. Seguros Lagun Aro has a significant presence within the Basque insurance sector. In a year which has seen a dramatic ...