Growth has been solid both in Non-Life lines (+12.0%) as well as in Life lines (+6.4%)
The Group would have 8.7% growth, adjusting for the following non-recurring effects: the sale of BANKIA VIDA at the end of 2021 (-0.8%), the relevant multi-year policy in Mexico issued in 2021 (-2.4%) and currency appreciation in 2022 (+5.3%)
Premiums from the insurance business grow 12.7%
MAPFRE RE premiums increase 15.1%
Advance Information - Written Premiums and Exchange Rates:
In line with MAPFRE's commitment to transparency, we have released advance information to the market about premiums by region and business unit. This allows the public to follow the behavior of the key business indicator ahead of the full year results presentation, which is planned for February 9.
This information makes it possible to provide a more complete understanding of the Group business performance, since some countries release information about MAPFRE's written premiums in advance of the results presentation.
Redacción MAPFRE2023-01-17T07:36:06+00:0017 January 2023|Categories: Corporate News|
Mapfre SA published this content on 17 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 January 2023 07:49:02 UTC.
Mapfre S.A. is an insurance group organized around three areas of activity:
- non-life insurance (63.5% of written premiums): automotive insurance (38.3% of written premiums), P&C insurance (26.7%), accident and health insurance (11.4%) and other (33.6%);
- life insurance (19.2%);
- reinsurance (17.3%).
At the end of 2021, products are marketed through a network of 15 354 branches located in Iberia (8,992), Latin America (5,914), Eurasia (420) and North America (28).
Revenues break down geographically as follows: Iberia (41.8%), Eurasia (7.4%), Brazil (18.4%), Latin America (20.9%), North America (10.9%) and other (0.6%).
MAPFRE S.A. 
