Portugese FS group "weighed down" by "stagnant non-life market"
Portugese financial services group Espírito Santo Financial Group has reported a 29.6% year on year decline in net income to Euro 21m (Euro 29.8m).
It added its consolidated insurance earned premiums net of reinsurance rose 11.4% YOY to Euro 81.8m (Euro 73.5m) despite what it claimed was "continued competitive market pressures," while
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