Mapfre earns 924.3 million up to September, an 11.5% increase
The insurance company Mapfre obtained a net profit of 924.3 million euros in the first nine months of 2024, which represents an increase of 11.5% compared to the same period last year.
Mapfre's net profit rose 11.5% to 924.3 million euros for the first nine months of 2024. The company's total income was 27.239.7 million euros, a 3% increase from the same period last year. The earthquake in Colombia in August had an estimated net cost of 83 million euros. Mapfre's president, Antonio Huertas, stated that the acquisition of Safety Insurance will reinforce their presence in the US and growth prospects. The company's premiums issued and accepted reached 22.826.7 million euros, a 2% increase.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
