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World Insurance Report

Insurers’ profits rise by 8% in first half of 2007

Underwriting results also improved • Mapfre: More than half of profits should come from overseas operations by 2012

Spanish insurers showed in the first half-year of 2007 a profit of 8.12% on retained premium. With a premium volume of €24.9bn (US$35.43bn) profits reached €2bn (US$2.88bn), 7.18% less than in 2006.

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