26-10-2017 11:00 via insuranceinsider.com

Mapfre pegs HIM and Mexico losses at EUR176mn

Mapfre today estimated net losses from hurricanes Harvey, Irma
and Maria and the Mexican earthquakes at EUR176mn ($207mn).
The losses pushed the company's nine-month attributable
result down 22.3 percent year-on-year to EUR445mn.
The catastrophe losses are at the mid-point of aEUR150mn to EUR200mn range Mapfre predicted in September.Excluding the effect of these catastrophes, attributable profit
would have grown 8.6 percent for the nine months to 30 September,
Mapfre said.
The group nine-month c
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