Reinsurance News
Mapfre
Mapfre agrees to acquire 38.9% stake in Spanish insurtech Tuio
30th July 2026
Mapfre, an international insurance company, has reached an agreement to acquire a 38.9% stake in Spanish insurtech Tuio, the specialist digital insurance distributor that leverages advanced technological capabilities and significant artificial intelligence (AI) maturity in its business model. According to the announcement, the agreement will allow Tuio, which currently operates in ... Read the full article
AM Best says MAPFRE’s Safety Insurance acquisition is strategically compelling
28th July 2026
Credit rating agency AM Best has described Spain-based multinational insurance group MAPFRE S.A.'s planned acquisition of Safety Insurance Group, Inc. as strategically compelling, saying the transaction brings together two insurers with similar regional footprints and product offerings while strengthening MAPFRE's position in Massachusetts and supporting its expansion across the New ... Read the full article
Mapfre Re’s net profit climbs 24.6% to €186m in H1’26
24th July 2026
Mapfre Re, the reinsurance arm of Mapfre, has reported net earnings of €186 million in the first half of 2026, up 24.6% compared to the same period a year earlier. The performance was driven by the strong results of the Reinsurance Unit, which increased net earnings to more than €165 million, ... Read the full article
Mapfre to acquire Safety Insurance Group for $1.54bn to strengthen Northeast position
24th July 2026
Mapfre, an international insurance company, through its subsidiary, Mapfre U.S.A. Corporation (Mapfre USA), has agreed to acquire Safety Insurance Group, Inc. (Safety), a property and casualty insurer with a strong presence in Massachusetts and several Northeastern states, in an all-cash transaction valued at $1.54 billion. This acquisition aligns with global re/insurer ... Read the full article
Europe’s largest insurers deliver steady premium growth and improved solvency in 2025, MAPFRE reports
21st July 2026
MAPFRE Economics, the research arm of Spain-based global insurance group MAPFRE, has reported in its latest assessment of the European insurance sector that the region's 20 largest insurers continued to increase premium income during 2025, although growth slowed compared with the previous year. The research also indicates that international expansion has ... Read the full article
Mapfre Re secures $200m US named storm coverage with new cat bond
11th May 2026
Mapfre Re, the reinsurance arm of Mapfre, has completed a $200 million catastrophe bond via its special purpose vehicle Recoletos Re DAC, providing indemnity-based U.S. named storm coverage on a per-occurrence basis over a three-year risk period through June 2029. Mapfre Re explained that with this transaction, it continues to reinforce ... Read the full article
Mapfre Re’s net result rises 77% to €85m in Q1’26
29th April 2026
Mapfre Re, the reinsurance and global risks arm of Madrid-based insurer Mapfre, has reported a net result of €85 million for the first quarter of 2026, up 76.8% compared to the same period a year earlier, with an improved combined ratio of 96.8%. Mapfre Re attributed the improved results to prudent ... Read the full article
Mapfre appoints Miguel Serrano Loredo as Corporate Director of Administration & Finance
15th April 2026
Mapfre, an international insurance company, has announced the appointment of Miguel Serrano Loredo as its new Corporate Director of Administration and Finance, succeeding Oscar García-Serrano. García-Serrano has held the role since April 2022, and will now step into the position of Chief Executive Officer of Mapfre Colombia, replacing Rafael Prado. Loredo ... Read the full article
Mapfre raises ROE target to above 13% and sets improved CoR for 2026
13th March 2026
Mapfre, a global insurance company, has raised the ambitions of its Strategic Plan for 2026, lifting its ROE target to above 13% and setting its combined ratio target between 93% and 94%. Mapfre’s Annual General Meeting approved the accounts for the 2025 financial year, a record year for the company, with ... Read the full article
Jorge Colomer named CEO of Mapfre Asset Management
13th March 2026
Mapfre, an international insurance company, has announced the appointment of Jorge Colomer as Chief Executive Officer of Mapfre Asset Management (Mapfre AM). Mapfre AM is the asset management arm of Mapfre Group and has more than 30 years of experience managing investments. Headquartered in Spain, Mapfre AM manages over €40 billion ... Read the full article
Prudent management and few cat events drive record 2025 for Mapfre Re
12th February 2026
Mapfre has reported that Mapfre Re, which encompasses its Reinsurance and Global Risks businesses, delivered a record result of €381 million in 2025, an increase of 17.2% year on year, driven by prudent management and the absence of catastrophe events. Of the total, the Reinsurance division contributed €329.5 million, posting a ... Read the full article
LatAm insurtech investment surges 117% in 2025: Mapfre
6th February 2026
The Latin American (LatAm) insurtech market continued its recovery and maturation in 2025, with the number of active companies standing at 536 and investments reaching US$199 million, according to findings from Mapfre’s 11th edition of the ‘LatAm Insurtech Journey’ report. Investment surged 117% year-on-year, making it the third-strongest year on record ... Read the full article
MAPFRE restructures asset management company
22nd December 2025
Spanish insurance company MAPFRE has announced it is restructuring MAPFRE AM, its asset management company, by creating new departments and redefining responsibilities. As part of this move, MAPFRE has created a strategic project development and innovation area, which will integrate initiatives already underway, such as the incorporation of the Aladdin technology ... Read the full article
Underwriting discipline important amid challenging 1/1 renewal: Bueso, MAPFRE Re
18th December 2025
As the reinsurance industry approaches the January 1 renewal season, Carmen Bueso, Chief Underwriting Officer (CUO) Non-Life at Spanish reinsurer MAPFRE Re, notes that while the current market offers opportunities, the industry must avoid repeating past mistakes. Looking ahead to the upcoming renewal season, Bueso, in an interview with Reinsurance News, ... Read the full article
Global growth outlook strengthens as MAPFRE Economics lifts 2025 forecast
5th December 2025
The latest assessment from international insurance group MAPFRE Economics points to a more favourable environment for insurers worldwide. MAPRE notes that steadier economic conditions, improved financing in major markets and a gentler inflation backdrop are setting the stage for continued expansion across the sector. According to its new projections, life insurance activity ... Read the full article
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