The ratings of MAPFRE RE and MAPFRE Global Risks reflect their integral role within MAPFRE, along with their strong level of operating performance and risk-adjusted capitalisation. The ratings of both companies benefit from the financial strength of MAPFRE and the support provided by the Group […]

Our analysis of MAPFRE's exposure to Spanish assets and its liability profile leads us to rate its core operating entities up to three notches above the foreign currency rating on Spain in 2014 and the first half of 2015.

The A2 Insurance Financial Strengths Rating of MAPFRE Global Risks is two notches above Spain's sovereign rating, which reflects MAPFRE group's strong credit fundamentals and its excellent geographic diversification.