Mapfre Re and Global Risks turn profit as premiums rise

Mapfre Global Risks, which serves large corporate and multinational customers, delivered a net profit of €8m in the first quarter of 2021, from a loss of €8m in the same period last year. The unit also saw premiums move in the right direction too, rising 6.8% to €373m. Mapfre Re, which includes Global Risks, saw its combined ratio improve by…

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