Mapfre predicts at least 6% rise in operating earnings in 2021
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Mapfre predicts at least 6% rise in operating earnings in 2021

Spanish (re)insurer Mapfre has predicted a more than 6% rise in operating earnings this year to over EUR700mn ($836.8mn), with a group combined ratio of about 95%.

It also predicted a 3% increase in insurance premiums and a return on equity of about 8.5%.

CEO Antonio Huertas delivered the forecasts at the carrier’s annual shareholders’ meeting.

He

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