Mapfre expects to generate revenues worth $34.66 billion by 2018

Spanish insurer Mapfre S.A. said that it expects to generate revenuesof €31 billion ($34.66 billion) by 2018 as part of its new 2016-2018 strategy plan, reported Reuters.

Mapfre said that it is targeting cost savings of at least €150 million by 2018.

The insurer also expects an average return on equity of at least 11%.

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