08-02-2017 15:45 via insuranceinsider.com

Mapfre Re Q4 premiums surge by a third

Higher volumes of proportionate and structured reinsurance
solutions led to a 31 percent year-on-year increase in fourth
quarter written premium at Mapfre Re.
Fourth quarter written premium totalled EUR1.05bn ($1.12bn),
while full-year written premium at the reinsurance arm grew 13.5
percent from the same period of the previous year to EUR4.23bn.
Mapfre Re accounted for 17 percent of group written premium in
2016.
"In recent renewal campaigns Mapfre Re has been able to
grow without reducing unde
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