Mapfre faces EUR1.1bn gross cat bill as it cuts US presence

01 December 2017

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Spanish (re)insurer Mapfre pegged gross third quarter cat claims in North America and the Caribbean at EUR1.1bn ($1.3bn) as it announced a geographic revamp including a retreat from five US states.

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Mapfre faces EUR1.1bn gross cat bill as it cuts US presence

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Mapfre faces EUR1.1bn gross cat bill as it cuts US presence

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Uncover exclusive insights tailored for insurance leaders

Topics

RiverStone International eyes global push to diversify from Lloyd’s heartland

Arch promotes Strack to SVP, CUO for national accounts casualty

Berkshire Q1 P&C reinsurance CoR improves 11 points

Ryan Specialty books $250mn cash consideration in Castel acquisition

Enstar Q1 earnings fall 71% to $119mn including one-time charge

Odyssey names Overy to succeed Young as group CEO

Brit reports 89.7% combined ratio, $913mn GWP for Q1