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Mapfre regroups in Central America and Dominican Republic

Tuesday 05 December, 2017


Spain-based Mapfre will pay out more than $1.3 billion to its clients in relation to the natural catastrophes occurred in the third quarter of 2017 and has announced a reorganization of its international business and a reduction of its US presence.

In addition, Mapfre is creating a Latin American North sub-region to cover Panama, Honduras, El Salvador, Guatemala, Costa Rica, Nicaragua and the Dominican Republic.

Source: Intelligent Insurer