“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.”
Why capable people are reluctant to lead
When people feel supported and understood, they are more likely to step into leadership.
‘People often drop vague hints, hoping the other person will magically figure out what you mean’ – MAKA CEO
Sean Aquilina reflects on how using suggestion boxes is an excuse to avoid hard conversations.
A bold vision for tomorrow: Virtual Economy & Sustainable Tourism Forum lights a new path
Leaders, public officials, and technologists examined how tools like Web3, AI, blockchain, and the Metaverse can revolutionise tourism and foster ...
‘You start dying the minute you stop learning’: Switch CEO believes change is essential for business survival
Richard Muscat Azzopardi explores the danger of stagnation.
