Mapfre began well 2019 in terms of sales with a 5.8% rise in revenues to €7,674m. Non-Life and Life premiums reached €4,999m (up 0.7% yoy) and €1,399m (up 13.7% yoy), respectively. The Iberian units are the heart of the insurer’s profitability with a net profit of €119.6m, while the group’s one amounted to €188.1m. Mapfre Re is another business unit undergoing change with the integration of the Global Risks operations. We expect a better performance in nex
06 May 2019
Soft beginning to the year
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Soft beginning to the year
Mapfre SA (MAP:WBO) | 0 0 1.3% | Mkt Cap: 8,463m
- Published:
06 May 2019 -
Author:
Bassem Neifer -
Pages:
3
Mapfre began well 2019 in terms of sales with a 5.8% rise in revenues to €7,674m. Non-Life and Life premiums reached €4,999m (up 0.7% yoy) and €1,399m (up 13.7% yoy), respectively. The Iberian units are the heart of the insurer’s profitability with a net profit of €119.6m, while the group’s one amounted to €188.1m. Mapfre Re is another business unit undergoing change with the integration of the Global Risks operations. We expect a better performance in nex