Currency depreciation hits growth at Mapfre but profits up

08-11-2018

Spanish re/insurer Mapfre posted increased profits in the first nine months of the year but its revenues and premiums written were both down – something it blamed mainly on sharp currency depreciations across many of the main countries in which it operates.


Mapfre, Spain, Insurance, Reinsurance, Third quarter 2018, Results, Europe, Global

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