Mapfre Q1 net profit down 17.4% at EUR127.6mn
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Mapfre Q1 net profit down 17.4% at EUR127.6mn

Rachel Dalton
28 April 2023
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Mapfre has posted a net result of EUR127.6mn ($140.8mn) for the first quarter, down 17.4% on the prior-year period.

The carrier said the reduction in quarterly profit was mainly due to the impact of the earthquake that struck Turkey in February, which it estimated would have a net cost of EUR77mn.

Mapfre

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Rachel Dalton
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