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 [...]
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 [...]
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 [...]
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.
MAPFRE has appointed Rosa María García García as a board director, substituting Georg Daschner as an independent director on the Group’s most senior supervisory body. Mr. Daschner stepped down as a member in August, having reached the age of 70, the maximum permitted under the Group’s statutes. Rosa María García García will add value to the [...]
Fitch confirms as A+, with outlook stable, the insurer financial strength credit rating for the MAPFRE Group's operating companies: MAPFRE ESPAÑA, MAPFRE VIDA, MAPFRE RE and MAPFRE ASISTENCIA. Similarly, the agency has reaffirmed MAPFRE’s issuer rating as ‘A-‘, with outlook stable, the same as that of the Kingdom of Spain. The agency explains in its note [...]