Economic journal of Spain's foreign business

Mapfre

Mapfre

SECTOR: Finance and Insurance

Registered Global Reach

Puerto RicoUnited StatesGlobalLatin America

History of International Operations

Date	Operation Summary	Key Figures / Investment	Destination Country
2026-07-24	Mapfre has finalized an agreement to acquire 100% of the US company Safety Insurance Group. This transaction aims to consolidate Mapfre's strategic position in the northeastern US insurance market, strengthening its presence in Massachusetts and other states. Read News	Transaction value: €1.352 billion (US$1.542 billion). Price per share: US$105. Impact on Solvency II: 10 points.	United States
2026-05-28	Mapfre has positioned itself as the only Spanish brand in the world's top 100 insurers, increasing its value by 14% to $5.300 billion, driven by its global strategy. Read News	Brand value of $5.300 billion, a 14% increase, reaching 31st place in the global ranking.	Global
2026-05-19	Antonio Huertas, president of Mapfre, has been awarded the International Business Leader Award in Miami for his leadership in global business, consolidating the presence of the Spanish insurer in nearly 40 countries, highlighting its trajectory in the United States. Read News	Presence in nearly 40 countries; more than 200.000 people are part of Mapfre.	United States, Puerto Rico
2026-01-09	Mapfre has revamped its visual identity to reflect its digital transformation and connect with global audiences. The rollout of the new image will be gradual and strategic, encompassing all the regions where the company operates. Read News	Deployment in 3 years, affecting more than 4.600 offices worldwide.	Global
2025-06-20	MAPFRE has strengthened its position as the sixth largest insurer in Europe, achieving a 3.0% increase in insurance service revenues. The company has significantly improved its profitability and solvency, standing out in a resilient European market. Read News	Insurance service revenues of €25.513 million (+3.0%). Combined ratio of 93% (-3.5 pp). Solvency ratio of 207.4% (+7.8 pp).
2024-10-15	MAPFRE, the only Spanish insurer at ITC Vegas, actively participates in the event with presentations on the Latin American insurtech ecosystem and claims management, highlighting its innovation and international positioning. Read News		United States, Latin America