Mapfre Re grows top line in H1
Mapfre Re grew its non-life top line by 14.3 percent
year-on-year to EUR1.9bn ($2.1bn) during the first half of
2016.
The figure represents 20 percent of Mapfre Group's total
non-life gross written premiums (GWP).
Net earned premiums (NEP) for Mapfre Re also rose 19.1 percent
from the same period of 2015 to EUR1.2bn.
The reinsurance arm's combined ratio deteriorated slightly,
increasing by 1.8 percentage points compared with the same period
last year to 96.8 percent.
A 0.4 percentage point impro
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