“We expect that with the vaccine rollout gaining traction and the pandemic spread restrained, the economy starts heading to much-needed growth,” said Martin Galea, Non-Executive Chairman of MAPFRE Middlesea and Director of MAPFRE MSV Life.
His comments were made in light of the Group’s annual report for 2020, which registered a profit of €14.29 million after tax, including MAPFRE Middlesea and MAPFRE MSV Life.
MAPFRE Middlesea p.l.c., as a standalone Company, registered a turnover of €75.12 million in gross premium written, a one per cent increase over 2019, and a marginal increase in its market leadership share.
For the rest of 2021, Mr Galea said, “we expect the demand for general business to grow at a lower rate than that experienced in recent years, while that for the protection savings and investments products in life to remain strong.”
Bank of Valletta hosts Malta’s first customer experience conference
This event brought together leading international speakers, innovators, and BOV’s in-house experts.
Bart Bronselaer appointed MeDirect Non-Executive Director, Chair of the bank and MDB Group Limited
He has served as Director of the bank’s Belgian subsidiary, MeDirect Bank S.A., since January 2021.
ECJ ruling highlights the power of collaboration and neutrality in national issues, says ATTO Chairman Joseph Bugeja
The ‘return of vehicles’ rule would have imposed disproportionate burdens on Malta’s trailer and truck operators.
Law to ban wages in cash welcomed, but MEA DG Kevin J. Borg cautions it may not prevent abuse
Prime Minister Robert Abela announced the new measure on Sunday, saying it will protect workers from exploitative employers who don’t ...
