Latest Press Releases
11-03-2011
MAPFRE BECOMES THE SECOND INSURANCE GROUP IN LATIN AMERICA WITH A 7.4% MARKET SHARE.
The 2010 ranking published by FUNDACIÓN MAPFRE shows the
strength of the sector, with premiums of €90,316 million, a 19.2%
increase.
10-26-2011
MAPFRE ACHIEVED IN THE FIRST NINE MONTHS A NET ATTRIBUTABLE RESULT OF €765.6 MILLION, AN 8.7% RISE; REVENUES INCREASED OVER 12% (€17,563.9 MILLION).
MAPFRE achieved in the first nine months of the year a net attributable result of
€765.6 million, 8.7% more than in the same period of the previous year, due to the
favourable business development in Spain, especially in the Motor, Home and Life
Assurance lines, and the excellent performance of the international business.
10-03-2011
MAPFRE, ELECTED BEST PRIMARY INSURANCE COMPANY IN LATIN AMERICA FOR THE SIXTH CONSECUTIVE YEAR.
MAPFRE was elected for the sixth consecutive year, Best Latin American Primary
Insurance Company by Reactions, a Euromoney group magazine. As in previous
occasions, the Reactions magazine granted these awards following a survey among its
readers, who are professionals from the financial, insurance and legal sectors.
7-10-2011
MAPFRE ACHIEVED IN THE FIRST HALF A NET ATTRIBUTABLE RESULT OF
€543.2 MILLION, AN 8.6% INCREASE.
REVENUES INCREASED BY 6%
(€11,625.7 MILLION)
MAPFRE achieved in the first half of the year a net attributable result of €543.2
million, 8.6% more than in the same period of the previous year, due to the
extraordinary growth of results in the international business and the excellent
performance of businesses in Spain where, excluding capital gains and extraordinary
expenses, net results grew by 16.8%.
6-13-2011
STANDARD & POOR'S RAISES THE RATING
ON MAPFRE USA'S SUBSIDIARIES TO A+ WITH STABLE OUTLOOK
The rating agency Standard & Poor's has raised its counterparty credit and
financial strength ratings on MAPFRE USA's subsidiaries –Commerce and
Citation– from A to A+ with stable outlook.
Commerce C.A.R.E.S.…Commerce Insurance donates automobiles to area schools for
repair and raffle as part of "C.A.R.E.S in the Community" program.
Commerce Insurance, a Division of MAPFRE USA "C.A.R.E.S in the Community" program
is reaching out to new drivers about safe driving practices as well as providing
opportunities for vocational technical students to improve their auto body repair skills.
10-26-2009
MAPFRE'S revenues increased 9.9% in the first nine months of the year, to €14,350 million, obtaining a net attribute result of €743.4 million,
nearly a 4% rise over 2008
10-12-2009
MAPFRE, AMONG THE 40 WORLD'S BEST COMPANIES
According to the study published by the magazine Business Week.
08-11-2009
MAPFRE'S Revenues Exceeded 10.000 Million Euros in the
First Half (a 12.9% increase over 2008)
NET ATTRIBUTABLE RESULT WAS 530.6 MILLION EUROS
The diversification of the Group's businesses and its prudent and professional management allowed it to slightly increase (0.2%) the net attributable result versus the first half 2008, while the recurrent result grew 5.5% to 492.9 million euros.
05-09-2009
American Commerce Insurance Company Undergoes New Branding Efforts as “A MAPFRE Company”
Today American Commerce Insurance Company (ACIC) announced plans to strategically align company branding efforts with that of MAPFRE, displaying the financial strength and stability gained from MAPFRE’s acquisition of The Commerce Group, Inc. in June 2008.
02-04-2009
MAPFRE Increased In 2008 It's Net Result 23.2%, To 900.7 Million Euros
Revenues Exceded 17,700 Million Euros, A 19% Increase Over The Previous Year, Will Increase Total Dividend To 0.15 Euros Per Share