Chubb Q1 overshadowed by $1.47bn in wildfire losses

Chubb Q1 overshadowed by $1.47bn in wildfire losses

Chubb Ltd reported a fall in profits for the first quarter of 2025 as heavy catastrophe losses, particularly from the California wildfires, weighed on results, despite strong growth in core insurance ...

The insurance company Mapfre closes its first quarter of the year with very positive data. It obtained a net profit of 276 million , which represents an increase of 27.6% regarding the same period of 2024. The result is based on the performance of both the life and the non-life branch and reflects the success of the implementation of the Strategic Plan. In addition, the board of directors of Mapfre has agreed to set May 29 as the date to pay its…

The Ibex 35 opened Friday's session with a 0.98% rise, reaching 13,308.4 points minutes after the opening bell, thus marking another positive session and concluding a week of recovery. Furthermore, the bullish pullback on Wall Street and the favorable reception of Alphabet's results helped extend the lull in European markets: Paris rose 0.82%, Milan 0.67%, Frankfurt 0.51%, and London 0.19%. In the Spanish index, Mapfre led the gains, rising 7% a…

MAPFRE RE's premiums grow to nearly €2.4bn in Q1'25

MAPFRE RE, which encompasses the Reinsurance and Global Risks businesses of Madrid-based insurer MAPFRE, has reported a combined ratio of 97.9% for Q1 2025, an increase of 4.1 percentage points from Q1 2024, driven by the California wildfires, which had an attributable impact of €85 million. Despite the impact of catastrophe losses, MAPFRE RE’s premiums grew to nearly €2.4 billion in Q1 2025, representing a year-on-year increase of 10.6%. Within…

The improvement of the results of the branch of No Life represents the greatest key of the growth Mapfre is committed to the future of the rural world

MADRID, 25 (EUROPA PRESS) Mapfre led the Ibex 35 hikes from the first bars of this Friday's stock exchange session, to shoot almost 8%, after publishing his accounts corresponding to the first quarter of this year, when he won 276 million euros, 27.6% more, and announce that he will pay his supplemental dividend [...] The Mapfre ticket leads the Ibex 35 hikes (+7.8%) after winning 27.6% more until March and dating its dividend appears first in F…