Mapfre beats in Q3 with 99.5% reinsurance CR despite inflation pressures building

Spanish (re)insurer Mapfre saw its shares trade up this morning after posting a Q3 pre-tax profit of €353.2mn ($351.1mn) – a 6 percent consensus beat – fuelled by a good performance from the protection and P&C businesses in Spain, Brazil and LatAm South.

 

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