Current Affairs
€18.5 million pre-tax profit for Mapfre Middlesea

Mapfre Middlesea has announced a pre-tax profit of just over 18.5 million euro for last year.

The company stated that despite the fact last year was one of the worst for claims in insurance history, it still managed to achieve goof financial results. In fact, Mapfre Group’s results are nearly one million euro up on 2017 profits, as a result of increased business and in Mapfre MSV profits.

The company announced that a 10.4 million euro dividend will be distributed to shareholders. A special eight million euro net dividend from profits of previous years will be distributed by Mapfre MSV Life.

 

 

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