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Mapfre SA (MAP.MC)

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

2.48EUR
6:45am EDT
Change (% chg)

€0.00 (+0.08%)
Prev Close
€2.48
Open
€2.49
Day's High
€2.49
Day's Low
€2.46
Volume
700,298
Avg. Vol
3,748,571
52-wk High
€2.93
52-wk Low
€2.25

Latest Key Developments (Source: Significant Developments)

Mapfre Expects 2021 Revenue At 30 Bln Euros
Monday, 25 Mar 2019 03:05am EDT 

March 25 (Reuters) - Mapfre SA ::SEES 2021 REVENUE AT 30 BILLION EUROS.SEES 2019-2021 RETURN ON EQUITY ON AVERAGE AT 10 PERCENT.SEES 2019-2021 NON-LIFE COMBINED RATIO AT 96 PERCENT AVERAGE.  Full Article

Mapfre And Banco Santander Reach Deal For Distribution Of Insurance Products
Monday, 21 Jan 2019 07:58am EST 

Jan 21 (Reuters) - Mapfre ::TO BUY THROUGH MAPFRE ESPANA 50.01 PERCENT OF A NEWLY CREATED COMPANY FOR TOTAL PRICE OF 82.2 MILLION EUROS.BANCO SANTANDER, THROUGH ITS UNIT SANTANDER SEGUROS, WILL CONTINUE TO BE THE OWNER OF THE REMAINING 49.99 PERCENT OF SAID COMPANY.NEWLY CREATED COMPANY WILL SELL AUTO, COMMERCIAL MULTI-RISK, AND OTHER INSURANCE DISTRIBUTED IN BANCO SANTANDER NETWORK IN SPAIN.DEAL TO LAST UNTIL END OF 2037.  Full Article

Mapfre And Bankia Extend Scope Of Current Alliance In Banco Mare Nostrum Network
Wednesday, 5 Dec 2018 02:37am EST 

Dec 5 (Reuters) - Mapfre ::MAPFRE AND BANKIA EXTEND SCOPE OF CURRENT ALLIANCE FOR GENERAL P&C IN NON-LIFE TO THE BANCO MARE NOSTRUM NETWORK.  Full Article

Bankia Reaches Deal With Mapfre And Caser For The Reorganisation Of Bancassurance Alliances
Wednesday, 5 Dec 2018 02:30am EST 

Dec 5 (Reuters) - Bankia ::SAYS REACHES AGREEMENT WITH GRUPO MAPFRE <<>> AND GRUPO CASER FOR THE REORGANISATION OF ITS BANCASSURANCE ALLIANCES.SAYS DEAL WITH MAPFRE IMPLIES SALE OF 51% OF CAJA GRANADA VIDA AND CAJAMURCIA VIDA TO MAPFRE VIDA FOR EUR 110.3 MILLION.TO MAINTAIN ITS EXCLUSIVE BANCASSURANCE AGREEMENT WITH CASER IN BALEARIC ISLAND FOR LIFE AND PENSIONS BUSINESSES.SAYS IN THE NON-LIFE BUSINESS AGREES TO TERMINATE ITS ALLIANCE WITH GRUPO CASER.THE REORGANISATION DEAL WILL NOT RESULT IN SIGNIFICANT NEGATIVE IMPACT ON NET TOTAL EQUITY OF THE ENTITY.  Full Article

Mapfre Partners With GLL To Invest Up To 300 Mln Euros In Office Space In Europe
Tuesday, 6 Mar 2018 05:38am EST 

March 6 (Reuters) - MAPFRE SA ::PARTNERS WITH GLL TO INVEST UP TO 300 MILLION EUROS IN OFFICE SPACE IN EUROPE WITHIN TWO OR THREE YEARS.INVESTMENT FOCUS IN LARGE CITIES IN GERMANY, FRANCE, AS WELL AS MARKETS LIKE AMSTERDAM, BRUSSELS, MILAN AND LUXEMBOURG.  Full Article

Brazil's BB Seguridade CEO José Mauricio Coelho expects profit levels to improve in 2019
Monday, 19 Feb 2018 09:33am EST 

Feb 19 (Reuters) - Bb Seguridade Participacoes Sa ::BRAZIL SEGURIDADE CEO JOSE MAURICIO COELHO SAYS OPERATIONAL IMPROVEMENT WAS NOT ENOUGH TO OFFSET FALL IN INTEREST RATES.BRAZIL SEGURIDADE CEO COELHO AIMS TO CONCLUDE REORGANIZATION WITH PARTNER MAPFRE THIS YEAR.BRAZIL SEGURIDADE CFO WERNER SUFFERT SAYS LOW INTEREST RATES STILL A CHALLENGE FOR 2018.BRAZIL'S BB SEGURIDADE CEO COELHO EXPECTS PROFIT LEVELS TO IMPROVE IN 2019.BB SEGURIDADE CEO COELHO SAYS COMPANY WILL PAY AT LEAST 80 PERCENT OF PROFITS AS DIVIDENDS IN 2018.  Full Article

Mapfre FY Net Profit Falls 9.7 Pct to 700.5 Million Euros
Thursday, 8 Feb 2018 02:21am EST 

Feb 8 (Reuters) - Mapfre SA ::SAYS NET COST OF LAST SEPTEMBER’S NATURAL DISASTERS IS 157 MILLION EUROS, 20 MILLION EUROS LESS THAN INITIAL ESTIMATE.FY NET PROFIT 700.5 MILLION EUROS VERSUS 775.5 MILLION EUROS YEAR AGO.FY PREMIUMS 23.48 BILLION EUROS VERSUS 22.81 BILLION EUROS YEAR AGO.FY REVENUE 27.98 BILLION EUROS VERSUS 27.09 BILLION EUROS YEAR AGO.TO PROPOSE FINAL DIVIDEND OF 0.085 EURO PER SHARE, MEETS OBJECTIVE TO MAINTAIN PAYOUT OF BETWEEN 50 AND 65 PERCENT.COMBINED RATIO 98.1 PERCENT AT END-DEC. VERSUS 97.4 PERCENT AT END-DEC. 2016.  Full Article

Mapfre Updates Terms Of Strategic Alliance With Banco Do Brasil‍​
Tuesday, 6 Feb 2018 05:13am EST 

Feb 6 (Reuters) - Mapfre SA ::SIGNS NON-BINDING MEMORANDUM OF UNDERSTANDING (MOU) TO UPDATE TERMS OF THE STRATEGIC ALLIANCE BETWEEN MAPFRE AND BANCO DO BRASIL‍​.TO OWN 100 PERCENT (CURRENTLY 50 PERCENT) OF BUSINESS GENERATED BY AGENCY NETWORK, AUTOMOBILE AND LARGE RISKS BUSINESS IN BB BANK CHANNEL.SAME CURRENT SHAREHOLDER CONFIGURATION FOR LIFE AND AGRICULTURE INSURANCE TO BE MAINTAINED.TO KEEP EXCLUSIVITY IN BANCO DO BRASIL BANK CHANNEL FOR ALL THE BUSINESSES IN SCOPE OF THE ALLIANCE.  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

Spanish stocks - Factors to watch on Wednesday

The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: