Mapfre expects greater growth in Brazil after the elections
Mapfre views Brazil's future with optimism. The uncertainty inherent in any pre-election period will give way, after the general elections in October, to a stabilization in the country's situation that is conducive to the distribution of insurance, according to the management team of the insurance group.
Mapfre, a Spanish insurance group, is optimistic about Brazil's future despite the current electoral uncertainty. After the general elections in October, the company expects a stabilization of the country's situation, which will be favorable for insurance distribution. The company's president, Antonio Huertas, stated that Brazil offers room for growth and that he expects a very positive evolution for the next quarter.
Mapfre's Brazilian business generated 2.249 billion euros in premiums in the first half of the year, a 4.1% increase from the same period in 2025, and a profit of 136.3 million euros, up 4.3% from the same period last year.
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