Mapfre non-life GWP drops 2.3%
Spanish carrier Mapfre has reported a 2.3 percent decline in
nine-month gross written premiums (GWP) to EUR13.5bn in its
non-life business.
The insurance unit's top line dropped by 1.6 percent to
EUR14.0bn year-on-year, while the assistance, services and
specialty risks division reported a 5.6 percent fall in premiums to
EUR889mn.
This was driven by the Brazil and Latin America segments, which
experienced top line erosions compared to the year before.
The Brazil segment, which generates 17.9 per
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