8 February 2017 News

Mapfre's reinsurance unit makes healthy contribution to 2016 results

Spain's Mapfre increased its gross written premiums by 2.2 percent year-on-year in 2016 to €22.81 billion. Mapfre’s net profit for 2016 increased by 9.4 percent to €775 million, driven by its units operating in Spain, Brazil and the US, the company said.

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