| MADRID, March 9
MADRID, March 9 Spanish insurer Mapfre
sees 26.0 billion euros of revenue in 2013 as it grows in Latin
America and expands to new areas of the United States, the
company said in a statement after a shareholders meeting on
The shareholders approved a dividend of 0.11 euro per share
out of 2012 earnings, equivalent to a pay-out of 51 percent of
profit, the highest in the company's history, the statement
Shareholders have already received a preliminary 0.04 euro
dividend in December, which will be complemented by a new
payment of 0.07 euro per share.
Mapfre reported net profit of 666 million euros last year,
based on revenue of 25.3 billion euros.
Chairman Antonio Huertas said in the statement that the
company expects growth in its home market in Spain to outpace
expansion in the country's insurance sector as a whole.
(Writing by Fiona Ortiz)