Mapfre net income rises 4.3% in first nine months

Spanish insurer Mapre posted net income of €683.9m for the first nine months of 2013, a 4.3% increase on the previous year’s total.

The growth in profits was driven by the company's continued business expansion overseas, which now generates 70% of total Group revenues.

Consolidated income climbed by 0.3% to €19.47bn, with premiums

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