trending Market Intelligence /marketintelligence/en/news-insights/trending/xbH82sL_d8TiHi7zSN_01w2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Mapfre projects impact of typhoons, riots on attributable result

Blog

Q&A: Navigating Climate Risk as a Financial Risk

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report


Mapfre projects impact of typhoons, riots on attributable result

Typhoons Faxai and Hagibis in Japan and the riots in Chile could impact Mapfre SA's attributable result by €130 million to €140 million, the insurer said.

The events will primarily affect Mapfre's reinsurance business and will not significantly impact the Spanish insurer's solvency position or capital strength. However, the insurer said the extraordinary increase in cost makes it necessary for it to update its 2019-2021 targets announced in March.