Mapfre Q3 nat cat costs exceed €1.1bn, cuts US presence


Spain-based Mapfre will pay out more than €1.1 billion to its clients in relation to the natural catastrophes occurred in the third quarter of 2017 and has announced a reorganisation of its international business and a reduction of its US presence.

Mapfre, Nat cat loss, Antonio Huertas, Global, North America

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