• Sees “Improved Underwriting Earnings Diversification” as a driver for the new ‘A-‘ rating. • Raises its issuer credit and insurer financial strength ratings on MAPFRE RE to 'A+', one notch above the Spanish sovereign rating. Standard & Poor’s has improved the credit rating of the main entities of the MAPFRE Group as a result [...]
It’s been a long and difficult journey, but you made it, and we are so proud of what you have achieved. You are not just great, Rafa, you are number 1!
KEY POINTS FROM THE FIRST NINE MONTHS MAPFRE allocates 77 million to writing down the Asistencia business, following which Group earnings are 463 million (-12.5 percent). Not including this impact, the Group's profits would have grown by 2 percent. Premiums grow by 2.5 percent to 17.65 billion euros. Strength and profitable growth in the Group's [...]
China, United States and India Lead the Way in Insurance Potential, according to the MAPFRE GIP Index
India leads the ranking for potential in both Life and Non-Life from a total of 96 markets analyzed. MAPFRE Economic Research has updated its Global Insurance Potential Index (MAPFRE GIP) with the latest available data from 2018. The purpose of this indicator, calculated for 96 insurance markets (including both developed and emerging markets), is to measure [...]
MAPFRE is turning its corporate website and social network profiles pink tomorrow, October 19, to mark International Day Against Breast Cancer. The color pink has become a symbol of the fight against breast cancer and is used to raise awareness. The company will also be releasing a video featuring employees whose lives have been touched by [...]
MAPFRE AM, MAPFRE's asset management company, has been listed in the “Avant Gardist” category of the Hirschel and Kramer (H&K) Responsible Investment Brand Index (RIBI), which identifies the European firms in the sector who are most committed to Socially Responsible Investment. This is the most demanding category of this classification, to which only 17 percent of [...]
MAPFRE AM signs an agreement with BOYAR AM to enhance its analytical and management capabilities in the United States
Boyar AM specializes in uncovering intrinsically undervalued US-based companies across the market capitalization spectrum. MAPFRE, through its asset-management company, MAPFRE AM, has finalized a strategic alliance with New York-based Boyar Asset Management, to strengthen both its research capabilities and returns in this asset class. Founded in 1983 by value investor Mark Boyar, Boyar AM manages client [...]
She will develop the data governance policy, which will contribute to managing same as a strategic company asset MAPFRE has created the role of Group Chief Data Officer (CDO), reporting to the Transformation and Innovation Committee, with the mission of developing the Data Governance policy and helping to manage data as a strategic company asset. In [...]
The company appoints new CEOs in Colombia, Chile, Ecuador and in the Central America subregión and the Dominican Republic
From left to right, new CEOs in Colombia, Chile, Ecuador and in the Central AMerica subregión and the Dominican Republic: Pablo Andrés Jackson; José Óscar Ortega; Raphael Bauer and José María Romero. These appointments will come into force on January 1, 2020. Pablo Andrés Jackson Alvarado is to become the CEO of MAPFRE COLOMBIA, a position [...]
The payment of this interim dividend against the results for the financial year 2019 will be made on December 23. The Board of Directors of MAPFRE has ratified the payment of an interim dividend charged against the 2019 results of 0.06 euros gross per share. This dividend will be paid out on December 23, 2019.