MAPFRE: Everything points to new highs!! Pay attention!!
On February 12, Mapfre presented its income statement, beating expectations!!.
Premiums will grow solidly in 2024 (+6.6% at constant exchange rates) to €28,122M, beating expectations. The biggest surprise comes from the margins side. The Non-Life combined ratio stands at 94.4% (vs 97.2% in 2023),