News 2020 | Page 2

MAPFRE Malta holds its 39th Annual General Meeting

MAPFRE Malta holds its 39th Annual General Meeting

During 2019, MAPFRE Malta, comprising of MAPFRE Middlesea and MAPFRE MSV Life, registered a profit before tax of €20.1 million, 8.2% higher when compared to the previous year. After tax, the Group generated a profit of €15.5 million, 10.5% higher than the previous year. The total assets of the Group increased by 12.8% and totalled €2.62 billion. These results were announced by MAPFRE Middlesea Chairman Martin Galea during the Group’s 39th Annual General Meeting, which was streamed live on the company’s website on the 27th October.

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MAPFRE Malta holds its 39th Annual General Meeting

MAPFRE Malta holds its 39th Annual General Meeting

During 2019, MAPFRE Malta, comprising of MAPFRE Middlesea and MAPFRE MSV Life, registered a profit before tax of €20.1 million, 8.2% higher when compared to the previous year. After tax, the Group generated a profit of €15.5 million, 10.5% higher than the previous year. The total assets of the Group increased by 12.8% and totalled €2.62 billion. These results were announced by MAPFRE Middlesea Chairman Martin Galea during the Group’s 39th Annual General Meeting, which was streamed live on the company’s website on the 27th October.

read more