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2008/1 - CSS is set to swallow rival Intras |
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Swiss health insurance group CSS is set to swallow rival Intras, leading to the creation of the country's largest compulsory health insurer.
The move, which should guarantee the smaller firm's future, comes amid ongoing consolidation in the health insurance market and gives its new owner a stronger presence nationwide.
The CSS group will have 1.6 million policyholders and yearly premiums worth SFr 4.5 billion, making it the country's biggest insurer for compulsory health insurance.
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