Mapfre up 6% after EUR176mn Q3 loss disclosure
Shares in Mapfre rose by 6 percent today after it estimated net
losses from hurricanes Harvey, Irma and Maria and the Mexican
earthquakes at EUR176mn ($207mn).
As of 13:20 UK time, shares in the carrier were up 5.8 percent
to EUR2.82.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, attributab
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