MAPFRE has informed the Net-Zero Insurance Alliance (NZIA) of its decision to discontinue its membership in NZIA.  MAPFRE remains committed to the deployment of its sustainability strategy, reaffirming the principles of contributing to an energy transition that sets people at the center, as well as supporting clients throughout their own energy transition. All public commitments announced [...]

 The solvency position remains within the target range. MAPFRE has informed the General Directorate for Insurance and Pension Funds of the quarterly recalculation of its solvency position, following the Insurance Supervisor’s recommendations based on best practices for Internationally Active Insurance Groups. The current and previous quarters’ figures are detailed below for comparison purposes: MAPFRE Group Solvency [...]

ACTIVITY UPDATE REPORT TO MARCH 31, 2023* Revenue is up 21% and stands at over €9.1 billion The net result reached €128 million (-17%) due to the impact of the earthquake in Turkey, with an estimated net cost of €77 million, as well as the complex Auto environment. IBERIA grew above the market, both in Non-Life [...]

The insurance company is analyzing satisfaction levels for these employees, and the impact that its policies are having on their quality of life. The company has committed to ensuring that in 2024, persons with disabilities will represent 3.5% of its workforce. This inclusion is part of MAPFRE’s commitment to sustainability. MAPFRE has implemented its own methodology [...]

The highest level of potential is found in India, followed by the Philippines and China The Spanish market ranks 35th of the 43 countries analyzed MAPFRE Economics, MAPFRE’s research arm, has published the report “Real estate markets and the insurance industry,” which shows the interconnections between the two sectors and provides data on the most significant [...]

The prime office property covers 7,200 square meters and has an occupancy ratio of close to 100% The co-investment vehicle launched by both companies in 2018 reaches 500 million with this new asset The real estate co-investment vehicle formed by MAPFRE and entities of the Swiss Life Group in 2018 to invest in prime offices in [...]

The inclusion of 150 MW of additional operational photovoltaic modules brings the jointly-held company’s total to 445 MW, which will be further expanded through new green energy projects. Iberdrola and MAPFRE are reinforcing their strategic partnership in the energy sector in Spain. Both firms have incorporated 150 new photovoltaic megawatts (MW) into the company created two [...]

IBIS Worldwide, the world’s leading collision repair market conference provider, and CESVIMAP, a leader in automotive vehicle research and technology services to industry professionals, today announced the premiere of IBIS Iberia 2023, a unique one-day business conference focused on the Iberian (Spanish and Portuguese) collision repair market. IBIS Iberia 2023 will take place on 19 September [...]

VITTORIA ASSICURAZIONI is the eight-largest insurance company in the Italian non-life market in terms of premium volume. Mawdy is an international company operating in 23 countries, and the assistance unit of MAPFRE. The joint venture will focus on personal and vehicle assistance services, with the intention of expanding the offer in a second phase. MAPFRE's assistance [...]

It will be held this Saturday, March 25, between 8:30 pm and 9:30 pm. In 2022, more than 50 of the Group's buildings turned off their lights. Since 2009, the Group has participated in Earth Hour, which is a reminder of the main environmental problems, such as global warming. By 2022, the insurance company had reduced [...]