Mapfre Nine-Month Profit Rises 11.5% as Core Markets Offset Catastrophe Losses
Mapfre reported an 11.5% rise in nine-month profit, with strong performances in the Iberian Peninsula, Brazil and North America helping offset natural-catastrophe losses in Latin America.
Spanish insurer Mapfre BME:MAP reported an 11.5% rise in its nine-month profit on Wednesday, as strong performances in the Iberian Peninsula, Brazil and North America, its core markets, helped offset the impact of natural catastrophes in Latin America.The results come as Mapfre moves ahead with its…