Mapfre Company profile
About Mapfre SA
Mapfre SA is a Spain-based company engaged in the insurance sector. The Company's activities are divided into four business units: Insurance, Assistance, Reinsurance and Global Risks. The Insurance line offers insurance policies, including life, accident, health, property and casualty and automotive insurance, among others. The Assistance line focuses on developing assistance services for insurance products, including road and travel assistance. The Reinsurance line is responsible for reinsurance activities. The Global Risks line offers integrated insurance services, such as risk prevention and protection, audit and control, for business customers. In addition, the Company is active in the management of pension funds, retirement plans and investment funds, as well as the provision of healthcare services in Spain. The Company operates in Europe, Africa, Asia and the Americas. It is a parent of the Mapfre Group.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Mapfre SA revenues increased 7% to EUR20.61B. Net income applicable to common stockholders increased 45% to EUR765.2M. Revenues reflect Non-Life segment increase of 25% to EUR5.13B, Reinsurance segment increase of 10% to EUR6.27B. Net income benefited from Negative foreign exchange differences decrease of 22% to EUR1.57B (expense).
Equity composition
10/2006, 5-for-1 stock split. 11/2008, Rights Issue, 1 new share for every 39 shares held @ EUR 2.21 (Factor: 1.00282). 03/2009, Rights Issue, 1 new share for every 22 shares held @ EUR 1.41 (Factor:1.0047). 11/2009, Rights Issue, 1 new shares for every 45 shares held @ EUR 2.583 (Factor: 1.00364). 06/2011, Rights Issue, 1-for-39 (1.00103)