Edition:
United States

Mapfre SA (MAP.MC)

MAP.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

Mapfre Formalizes Corporate Reorganization With Banco Do Brasil
Tuesday, 26 Jun 2018 12:39pm EDT 

June 26 (Reuters) - Mapfre ::ANNOUNCES FORMALIZATION OF CORPORATE REORGANIZATION WITH BANCO DO BRASIL.  Full Article

Mapfre Q1 Net Profit Down At 187.0 Mln Euros
Friday, 27 Apr 2018 05:36am EDT 

April 27 (Reuters) - Mapfre SA ::Q1 NET PROFIT 187.0 MILLION EUROS VERSUS 206.2 MILLION EUROS YEAR AGO.Q1 PREMIUMS 6.20 BILLION EUROS VERSUS 6.67 BILLION EUROS YEAR AGO.Q1 REVENUE 7.26 BILLION EUROS VERSUS 7.85 BILLION EUROS YEAR AGO.COMBINED RATIO 96.5 PERCENT AT END-MARCH.SAYS SHAREHOLDERS TO RECEIVE A FINAL DIVIDEND OF 0.085 EUROS PER SHARE ON JUNE 14.  Full Article

Mapfre And Swiss Life To Launch A Real Estate Vehicle To Invest In Offices In France‍​
Friday, 16 Mar 2018 03:40am EDT 

March 16 (Reuters) - Mapfre SA ::TO LAUNCH WITH SWISS LIFE A REAL ESTATE VEHICLE THAT WILL INVEST IN PRIME OFFICES IN FRANCE‍​.NEW FUND TO START WITH CAPITAL TARGET OF 150 MILLION EUROS, LOOKING FOR 4 PERCENT ANNUAL RETURNS.  Full Article

Mapfre buys 25 pct stake in French asset manager LFR‍​
Tuesday, 7 Nov 2017 04:46am EST 

Nov 7 (Reuters) - MAPFRE SA ::SAYS BUYS 25 PERCENT STAKE OF FRENCH ASSET MANAGER LA FINANCIERE RESPONSABLE (LFR)‍​.SAYS LFR HAS AROUND 150 MILLION EUROS OF ASSETS UNDER MANAGEMENT.  Full Article

Mapfre to pay interim dividend of 0.06 euros gross/shr‍​
Thursday, 26 Oct 2017 03:41am EDT 

Oct 26 (Reuters) - MAPFRE SA ::BOARD APPROVES 2017 INTERIM DIVIDEND OF 0.06 EUROS GROSS PER SHARE TO BE PAID ON DEC. 14‍​.  Full Article

Mapfre 9-month net profit down 22.3 pct YoY
Thursday, 26 Oct 2017 02:40am EDT 

Oct 26 (Reuters) - MAPFRE SA : :9-MONTH PREMIUMS 17.99 BILLION EUROS VERSUS 17.11 BILLION EUROS YEAR AGO.9-MONTH NET PROFIT 444.6 MILLION EUROS VERSUS 572.0 MILLION EUROS YEAR AGO‍​.9-MONTH REVENUE 21.29 BILLION EUROS VERSUS 20.96 BILLION EUROS YEAR AGO.SAYS MAINTAINS ITS INTERIM DIVIDEND AT 0.06 EURO PER SHARE AGAINST 2017 RESULTS.SAYS ESTIMATED IMPACT FROM HURRICANES AND EARTHQUAKES IS 176 MILLION EUROS, REDUCING PROFITS BY 22.3 PERCENT .CATASTROPHES AFFECTED THE GROUP COMBINED RATIO, WHICH NOW STANDS AT 98.7 PCT‍​.  Full Article

Mapfre says recent natural disasters to have impact of 150-200 mln euros on its profit
Monday, 25 Sep 2017 12:42pm EDT 

Sept 25 (Reuters) - MAPFRE ::SIZE AND FREQUENCY OF HURRICANES IN THE CARIBBEAN AND EARTHQUAKE IN MEXICO WILL IMPLY A NET COST OF BETWEEN 150 AND 200 MILLION EUROS ON MAPFRE'S ATTRIBUTABLE RESULT FOR THE YEAR, ACCORDING TO PRELIMINARY ESTIMATES CARRIED OUT BY THE COMPANY.TO REEVALUATE ITS EXPECTATIONS OF FULFILLING ITS OBJECTIVES FOR THE 2016-2018 PERIOD, SPECIFICALLY AVERAGE ROE AND AVERAGE COMBINED RATIO ANNOUNCED IN MARCH 2016.  Full Article

Mapfre buys 31 pct in Indonesia's ABDA for 92.3 million euros
Tuesday, 4 Oct 2016 02:00am EDT 

Mapfre SA : Buys 31 percent of insurance company PT Asuransi Bina Dana Arta Tbk (ABDA) in Indonesia for 92.3 million euros ($103.2 million) .Says already held 20 percent in ABDA, now holds majority stake.  Full Article

Mapfre to appoint Fernando Mata Verdejo as CFO
Thursday, 29 Sep 2016 08:33am EDT 

Mapfre SA : Says to appoint Fernando Mata Verdejo as chief financial officer, effective as of Jan. 1, 2017 .Esteban Tejera Montalvo to resign from the board of directors due to retirement as of Dec. 31, 2016.  Full Article

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BB Seguridade sells unit to Mapfre, may free up capital

SAO PAULO Brazilian insurance company BB Seguridade SA said its board has approved a new agreement with Spain's Mapfre SA that may free up 1.8 billion reais ($478.2 million) worth of capital.