Mapfre saw some positive developments in the second quarter, primarily fuelled by the Brazilian region. However, in other areas, we are still waiting for the realisation of strong pricing in premiums to reflect in the profitability. The company continues to face challenges in the Auto segment, with no immediate signs of improvement.
Despite the improvement in Brazil, our overall perspective on the company remains unchanged. We acknowledge the positive developments in this region, but we are cau ....

28 Jul 2023
Some signs of improvement but still a long way to go

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Some signs of improvement but still a long way to go
Mapfre (MAP:BME), 0 | Mapfre SA (MAP:MCE), 0
- Published:
28 Jul 2023 -
Author:
Grégoire Hermann -
Pages:
3 -
Mapfre saw some positive developments in the second quarter, primarily fuelled by the Brazilian region. However, in other areas, we are still waiting for the realisation of strong pricing in premiums to reflect in the profitability. The company continues to face challenges in the Auto segment, with no immediate signs of improvement.
Despite the improvement in Brazil, our overall perspective on the company remains unchanged. We acknowledge the positive developments in this region, but we are cau ....