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FX Daily Updates
Spain's Mapfre profit soars almost 40% in the first nine months of the year
georgemiller
Publish Date: Tue, 29 Oct 2024, 07:27 AM

Oct 29 (Reuters) - Spain's largest insurer Mapfre (MAP.MC) , opens new tab said on Tuesday its net profit rose 39% in first nine months of the year as higher prices and a more benign weather and less severe natural disasters lifted its non-life business' profitability.
The firm's net profit soared to 654 million euros ($803.80 million) up from 471 million euros recorded in the same period last year, while its premiums reached 21.62 billion euros.
($1 = 0.9250 euros)
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https://www.reuters.com/business/finance/spains-mapfre-profit-soars-almost-40-first-nine-months-year-2024-10-29/