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Sept 8 (Reuters) - RSA Insurance Group Ltd said it would sell its Latin American operations to the insurance arm of Colombia's GrupoSura for about 403 million pounds ($617 million) in cash.
RSA, which itself has received a friendly takeover offer from rival Zurich Insurance, said the deal announced on Tuesday was expected to be significantly positive for its capital ratios on all measures on completion. (bit.ly/1VK6pLv) ($1 = 0.6528 pounds) (Reporting by Esha Vaish in Bengaluru; Editing by Gopakumar Warrier)