Mapfre opens 2 new offices

Monday, August 1, 2005

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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