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Fitch confirms MAPFRE’s issuer rating

2021-07-30T06:36:31+00:0030 July 2021|Categories: Corporate News|

The rating agency Fitch Ratings has confirmed MAPFRE’s issuer rating at “A-” with the outlook “stable”, as well as that of its senior debt maturing in 2026 at “BBB+” and that of its subordinated debt maturing in 2047 and 2048 at “BBB-”.

MAPFRE score in FTSE4Good index improves for social commitment and corporate governance

2021-07-29T09:01:40+00:0029 July 2021|Categories: Corporate News|

The insurance company celebrates its 15th year in this international index In 2021, MAPFRE has again been included in the FTSE (Financial Times and Stock Exchange) 4Good sustainability index, and the company scored 0.7 points higher than the average of all companies in the insurance industry. The company is making gains in both the Corporate Governance [...]

MAPFRE’s earnings rise by 34.5 percent to 364 million euros in the first six months of the year

2021-07-26T10:31:53+00:0026 July 2021|Categories: Corporate News|

Keys aspects of the first half The Group records revenues of just under 14.1 billion euros (+6.1 percent) and premiums grow by 6.2 percent to 11.7 billion euros. Very positive performance in the Group’s main markets and the reinsurance business. Spain remains the Group's driving force, with premium growth of 7 percent and earnings of 204 [...]

Standard & Poor’s maintains MAPFRE’s ratings with a stable outlook

2021-07-23T08:11:19+00:0023 July 2021|Categories: Corporate News|

With a financial strength rating of "A +"   The credit rating agency Standard & Poor's has published its decision to maintain MAPFRE's issuer credit rating at “A-” with a stable outlook, that of its simple obligations at “A-” and that of its subordinated obligations. in "BBB". Standard & Poor’s considers MAPFRE's business model to be [...]

Increase in participation in MAPFRE PERÚ VIDA

2021-07-20T16:16:08+00:0020 July 2021|Categories: Corporate News|

MAPFRE, through its subsidiary MAPFRE INTERNACIONAL which currently holds 67.4071 percent of the share capital of the Peruvian insurance company MAPFRE Perú Vida Compañía de Seguros y Reaseguros (“MPV”), has reached an initial agreement with various shareholders of said entity, who hold 32.17 percent of the share capital, by means of which it would acquire said [...]

Giraez, a cash-to-service solution for sending money between people in different countries, has won the Insurtech Lab from IE University and MAPFRE

2021-07-20T12:42:12+00:0020 July 2021|Categories: Corporate News|

Giraez allows friends and relatives of people in other countries to receive remittances in the form of goods or services, with total control over the amount transferred and avoiding travel, excessive fees and security issues. The winning team will become part of insur_space, MAPFRE's fast-track-to-market program where, as well as receiving 30,000 euros to develop their [...]

MAPFRE premiums grow 6.2% in the first half of the year

2021-07-16T06:51:25+00:0016 July 2021|Categories: Corporate News|

The company gives advance information to the market regarding premiums by region and business unit In Spain, premiums grew almost 7%, surpassing 4.2 billion euros MAPFRE RE premiums increase over 11% MAPFRE has decided to release advance information to the market about premiums by region and business unit. This is part of our commitment to transparency [...]

MAPFRE, the largest internationally active Spanish insurance group

2021-07-15T10:45:12+00:0015 July 2021|Categories: Corporate News|

Premiums from outside Spain reach 13.81 billion, 67.8% of the total business MAPFRE Economics anticipates recovery as early as this year following the 8.2% drop in total premium volume posted in 2020 MAPFRE Vida is the most solvent company among the major Spanish insurance companies, with a ratio of 483%   MAPFRE has the greatest international presence [...]

MAPFRE and Monex join forces to insure Mexicans’ equity

2021-07-01T09:36:23+00:001 July 2021|Categories: Corporate News|

Creating a Life Insurance Investment that protects equity called "Previsión Óptima Monex," which takes full advantage of the tax benefits that encourage and reward savings. The investment is made in Monex's best portfolios, backed by the support and popularity that characterize this financial institution.   MAPFRE has partnered with Monex to offer Mexicans a life insurance [...]

MAPFRE remains the sixth-largest European Non-Life insurance company in Europe

2021-07-26T08:39:59+00:0030 June 2021|Categories: Corporate News|

The company is one of ten major European groups that managed to improve their solvency ratios despite the pandemic The premium volume of the insurance business in Europe fell by 4.9% in 2020   According to the latest edition of the annual ranking created by MAPFRE Economics, MAPFRE is among the 15 leading European insurance companies. [...]