Mapfre Re improves combined ratio as H1 net result jumps 71%
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Mapfre Re improves combined ratio as H1 net result jumps 71%

Abbie Wood
28 July 2023
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Mapfre_results.png

Mapfre Re’s net result grew by more than 70% to EUR121mn ($133.8mn) compared with last year's EUR71mn.

The reinsurance unit’s combined ratio improved to 95.8% from 96.4% in June 2022.

Over the first half, gross written premium (GWP) grew by 11.5%,

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