Mapfre reported a net profit of €829 million from January to September, driven by a 10% increase in premiums in Spain, emphasizing the growing importance of savings products.
- Between January and September, Mapfre achieved a net profit of €829 million, showcasing robust financial performance amidst rising demand for insurance products.
- In Spain, Mapfres premiums grew by 10%, reflecting strong market presence and the effective contribution of their savings products to overall business growth.
- The company announced a dividend of €0.07, to be paid on November 28, as confirmed to the National Securities Market Commission, indicating healthy returns for shareholders.
Why It Matters
The financial success of Mapfre underscores the resilience of the insurance market in Spain, particularly in savings and investment products, which may influence investor confidence and future market strategies.