Mapfre opens 2 new offices

- Monday, August 1, 2005

Mapfre opens 2 new offices

The Paraguayan unit of Spanish insurance giant Mapfre recently opened two new branches in the cities of Luque and San Ignacio, the company said in a press release.

Mapfre led the Paraguayan insurance market in 2004 with premiums totaling US$8.77mn at year-end, and a US$575,000 pre-tax profit.

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