Mapfre grows reinsurance premium at Q3

Spanish carrier Mapfre today (4 November) reported a 6.5 percent
increase in nine-month gross written premium (GWP) at its P&C
reinsurance arm, at EUR2.47bn ($3.01bn).
Mapfre Re's non-life division reported an underwriting
result of EUR61.5mn in the nine months to 30 September, a 19.9
percent increase on the previous year.
The unit's combined ratio stood at 95.6 percent, compared to
95.7 percent in the year-ago period.
Including Mapfre Re's life business, the division reported a
6.9 percent