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Mapfre to Acquire Stake in Spanish Insurtech Tuio
Mapfre said in a statement. Additional financial terms of the deal, which is subject to applicable regulations, were not disclosed. "The transaction will accelerate development of ...
Source: BestWire   Date: July 30, 2026
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Mapre Affiliate to Acquire Safety Insurance Group for $1.54 Billion Amid Shareholder Investigation
... The announcement came as both companies reported earnings. Mapfre said its net result in the first half of 2026 was €624.2 million ($710.7 million), growing 9.4% from the ...
Source: BestWire   Date: July 24, 2026
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Mapfre First-Quarter Net Income Rises 12.7%, Looks to Offset Softening Reinsurance Markets
United States, where the combined ratio improved 2.4 points to 95 and earnings rose. After "many quarters" of work to improve results, he said the company increased policyholders ...
Source: BestWire   Date: April 30, 2026
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Mapfre Names CEO for Its Asset Management Firm
Mapfre has appointed Jorge Colomer to succeed Alvaro Anguita as the new chief executive officer of its asset management firm, Mapfre AM. Anguita successfully led the firm since its ...
Source: BestWire   Date: March 13, 2026
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Mapfre Re Latest Reinsurer Approved for India Branch
Asia growth strategy, it said in a statement. The reinsurer said it will develop pre-opening procedures with the local administrations in line with local regulations and will seek ...
Source: BestWire   Date: February 13, 2026
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Mapfre 2025 Profit Rises on Higher Premiums, Lower Losses in Multiple Regions
The nonlife combined ratio improved to 92.2 from 94.4. Mapfre wrote more than one-third of premiums last year in Iberia, €10.02 billion, followed by €9.76 billion in Latin ...
Source: BestWire   Date: February 12, 2026
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Mapfre Invests in Emerging Markets Consortium Blue Marble
Mapfre Re, said in a statement. "By combining our technical knowledge and global presence with the consortium's collaborative approach, Mapfre can scale innovative solutions where ...
Source: BestWire   Date: September 9, 2025
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Mapfre USA Names Executive Vice President, General Counsel and Secretary
American and Bermudian operations. In February of this year Mapfre Re named Javier San Basilio as general manager during an organizational reconfiguration (BestWire, Feb. 10, ...
Source: BestWire   Date: June 24, 2025
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Mapfre First-Quarter Net Rises, Helped by Growth, Lower Combined Ratio
Mapfre said in a statement. The combined ratio improved more than four points to 95.6 in Iberia. Net income nearly doubled in North America on significant nonlife rate hikes, ...
Source: BestWire   Date: April 25, 2025
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Mapfre Lifts 2024 Profit Despite Weather Loss Events in Europe, Brazil
Executive Officer Antonio Huertas in a statement. "The dividend has reached a new historic maximum and is proof of our commitment to shareholders. We are starting 2025 full of ...
Source: BestWire   Date: February 12, 2025
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Mapfre Re Names General Manager
The planned changes will take effect on March 1. San Basilio will take on direct coordination of the regional divisions and responsibility for the development of large clients and ...
Source: BestWire   Date: February 10, 2025
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Mapfre Third-Quarter Net Income Rises to $207.5 Million, Aided by Growth, Underwriting
Mapfre net income in the third quarter rose to €192 million ($207.5 million) from €153.6 million, helped by growth and overall improvement in the combined ratio. Total written ...
Source: BestWire   Date: October 29, 2024
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Mapfre 1H Net Earnings Rise to $534.8 Million as Rates Rise
The combined ratio improved 2.5 points to 93.6. Based on applicable accounting criteria in each country, Mapfre swung to a €40.8 million operating profit in North America, ...
Source: BestWire   Date: July 29, 2024
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Mapfre Names Chief Operating Officer for Mapfre USA
Mapfre has named Daniel P. Olohan as chief operating officer of Mapfre USA, effective Aug. 1. Olohan joined Mapfre USA in 2006 and has served as general counsel and secretary since ...
Source: BestWire   Date: June 24, 2024
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Oona Acquires Balance of Philippines General Insurance Joint Venture From InLife
Oona acquire the stake in Oona Insular Insurance Corp., making the JV company a fully owned subsidiary, Oona said in a statement. The company did not reveal a value for the JV ...
Source: BestWire   Date: December 8, 2023
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Aircraft Lessor Greylag Sues Insurers Over ‘Cannibalized’ Planes in Indonesia
Airbus A330-300, according to the complaint. Greylag leased these aircraft to Garuda Indonesia Holiday France S.A.S., a French company wholly owned by PT Garuda Indonesia (Persero) ...
Source: BestWire   Date: October 6, 2023
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Mapfre, Affiliate Face Class-Action Suits Over Data Breach
The breach occurred July 1-2, the suit said. Mapfre subsequently acknowledged the hack and said the stolen information could be used to conduct "incidents of identity theft and ...
Source: BestWire   Date: September 13, 2023
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Mapfre Net Results Fall 17%, Weighed Down by Losses From Auto and Earthquake in Turkey
The consolidated property/casualty combined ratio worsened 0.5 points to 98.5. Mapfre noted ongoing economic volatility, and auto results, where the combined ratio increased 2.5 ...
Source: BestWire   Date: May 2, 2023
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Collateral Damage: Mapfre CEO Blames War in Ukraine for Global Economic Woes, Slowed Pandemic Recovery
Executive Officer Antonio Huertas. Mapfre's exposure in the war region is residual and does not notably impact its insurance or reinsurance activity, he said in the company's ...
Source: BestWire   Date: March 9, 2023
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Update: Mapfre Re Raises $261.8 Million to Fund Growth Amid Rising Demand
...Clarifies information in the fourth and fifth paragraphs.) Insurance group Mapfre's reinsurance unit is raising €250 million ($261.8 million) internally in an effort to fund ...
Source: BestWire   Date: December 2, 2022
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