Tag: insruance
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No respite for MAPFRE’s Life insurance funds as the underpefromance continues
There is no respite for MAPFRE MSV LIFE PLC, the embattled fund owned by the insurer Mapfre in Malta, which is locally owned by Bank of Valletta. The fund has been hit with multiple orders by the financial tribunal to provide compensation to litigating clients who claim they have been over-promised bonuses and returns which…

