Mapfre takes 31% hit on H1 net profit
Spanish insurer Mapfre has reported a 31% drop in post-tax profit for the first six months of 2015 to €315.6m (£223m).
The decrease was attributed to an "exceptionally" high claim level in the US and the higher tax rate in Colombia and Brazil.
The company's pre-tax profits shrunk 10.3% from €908.2m in the first half
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