Mapfre posted satisfying results for its H1 release and keeps delivering as expected, with guidance reiterated. The insurer’s upside remains, according to us, locked-in and a function of the pace of recovery in Europe and the US, but also especially in LatAm and Brazil.
27 Jul 2021
Function of the recovery, LatAm still a drag
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Function of the recovery, LatAm still a drag
- Published:
27 Jul 2021 -
Author:
Grégoire Hermann -
Pages:
2
Mapfre posted satisfying results for its H1 release and keeps delivering as expected, with guidance reiterated. The insurer’s upside remains, according to us, locked-in and a function of the pace of recovery in Europe and the US, but also especially in LatAm and Brazil.