Mapfre lifts profit 11.5% to 924.3 million through September
Mapfre posted a net profit of 924.3 million euros in the first nine months of 2024, up 11.5% from the same period last year. Total revenue reached 27,239.7 million, up 3%, and issued and accepted premiums totaled 22,826.7 million, up 2%. The August earthquake in Colombia had an estimated after-tax cost of 83 million for the group, of which 75 million came from the reinsurance business.
In 30 seconds
- Net profit of 924.3 million euros through September, up 11.5% year on year
- Revenue of 27,239.7 million (+3%) and premiums of 22,826.7 million (+2%)
- The August earthquake in Colombia cost 83 million after tax, 75 million of it in reinsurance
Read the full story at Valencia Plaza
IASummary generated by artificial intelligence from a story by Valencia Plaza. It may contain errors: the original source prevails.
Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.