MAPFRE has felt the bite of the economic downturn caused by the COVID-19 crisis as its revenue dropped for the first six months of 2020.
MAPFRE’s latest data has revealed that its revenue for the first six months of 2020 totalled €13.28 billion, an 11.8% decrease compared to the same period last year. Its earnings at the end of June totalled €271 million, 27.7% lower than the result obtained between January and June of the previous year.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.