The downturn in the global economy worsened in the first quarter of the year, forcing MAPFRE Economic Research to lower the forecast for growth in a large number of the world’s leading economies in 2019. There are three factors that have led to the worsening of the...
During the meeting, the closure of the accounts from the previous year were approved and the new members of the Board of Directors were chosen. On April 25, the IGREA General Meeting was held, which included the approval of the closure of the 2018 accounts and the...
The insurance potential index involves the analysis of 96 insurance markets (both developed and emerging). It involves practically all insurance premiums issued globally, and will be updated and issued on an annual basis by MAPFRE Economic Research. This morning...
This is to certify that the management by MAPFRE Global Risks to guarantee the sustainability of its activity and the service it provides its clients complies with the market’s strictest standards. At a brief ceremony held at the company’s headquarters, Unit CEO Bosco...
Juan Luis Román, our Chief Technical Officer, and Joaquín Albertos, our Chief Claims Officer, will both be retiring from their posts as MAPFRE Global Risks executives this coming April 30, 2019, after long and productive professional careers at the MAPFRE group. The...
2018 profits total 529 million euros HIGHLIGHTS OF THE FISCAL YEAR Total revenue reaches 26.6 billion euros, and premiums exceed 22.54 billion euros. The impact of currency depreciations on premiums stands at 1.44 billion euros. Excluding this effect, premiums would...
Like all industry sectors which are directly dependent on mobility, aviation has been significantly impacted by the health crisis. According to IATA [International Air Transport Association] data, passenger traffic has declined by as much as 66%, and it will take...
After successfully overcoming the impact of the health crisis, the logistics industry faces an expansion cycle, beginning with a significant increase in global demand. Technological development and investment in innovation will be fundamental allies in this growth...
Like many of the most traditional industries, construction has also joined the mainstream of progress, both in materials and techniques, as well as tools. The usual procedures have not lost their importance, but technological innovation is advancing, making huge...