Mapfre sees decline in profit despite 'limited' impact of COVID-19

Antonio Huertas, chairman and CEO of Mapfre

Spanish re/insurer Mapfre's first quarter 2020 result was dragged down by natural catastrophe losses amounting to €68 million, while the impact of COVID-19 pandemic was "limited".

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Mapfre, Q1, 2020 results, Coronavirus, Insurance, Reinsurance, Catastrophe, Europe

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