Mapfre S A : (01.2023) Advance information regarding premiums
January 17, 2023 at 02:50 am EST
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Madrid, January 17, 2023
SPANISH SECURITIES AND EXCHANGE COMISSION
In accordance with article 227 of the Recast Text of the Securities Market Act, MAPFRE S.A. (MAPFRE) hereby gives notice to the Spanish Securities and Exchange Commission of the following
OTHER RELEVANT INFORMATION
In line with the current provisions, please find attached the relevant information for shareholders and the public in general.
Ángel L. Dávila Bermejo General Counsel
MAPFRE PREMIUMS GROW 10.8% IN 2022
Growth has been solid both in Non-Life lines (+12.0%) as well as in Life lines (+6.4%)
The Group would have 8.7% growth, adjusting for the following non-recurring effects: the sale of BANKIA VIDA at the end of 2021 (-0.8%), the relevant multi- year policy in Mexico issued in 2021 (-2.4%) and currency appreciation in 2022 (+5.3%)
Premiums from the insurance business grow 12.7%
MAPFRE RE premiums increase 15.1%
Advance Information - Written Premiums and Exchange Rates
REGION / BUSINESS UNIT
IBERIA
LATAM NORTH
LATAM SOUTH
BRAZIL
NORTH AMERICA
EURASIA
Written Premiums
DECEMBER 2022
DECEMBER 2021
Δ %
7,625.6
7,596.4
0.4%
2,117.1
2,187.7
-3.2%
2,006.8
1,631.1
23.0%
4,851.5
3,340.1
45.3%
2,589.5
2,073.1
24.9%
1,317.2
1,360.8
-3.2%
TOTAL INSURANCE
20,507.8
18,189.2
12.7%
MAPFRE ASISTENCIA
213.7
486.4
-56.1%
MAPFRE RE
7,221.3
6,274.6
15.1%
Reinsurance Business
5,670.7
4,991.6
13.6%
Global Risks Business
1,550.6
1,283.0
20.9%
Holding, eliminations and other
(3,402.5)
(2,795.6)
-21.7%
MAPFRE S.A.
24,540.3
22,154.6
10.8%
Non-Life
19,341.8
17,267.1
12.0%
Life
5,198.5
4,887.5
6.4%
Million Euros
CURRENCY
US dollar
Brazilian real
Mexican peso
Colombian peso
Peruvian sol
Dominican peso
Average Exchange Rate
DECEMBER 2022
DECEMBER 2021
Δ %
0.95525
0.84775
12.7%
0.18572
0.15731
18.1%
0.04696
0.04178
12.4%
0.00022
0.00022
-0.4%
0.24926
0.21805
14.3%
0.01736
0.01491
16.4%
This information is provisional and subject to change
In line with MAPFRE's commitment to transparency, we have released advance information to the market about premiums by region and business unit. This allows the public to follow the behavior of the key business indicator ahead of the full year results presentation, which is planned for February 9.
This information makes it possible to provide a more complete understanding of the Group business performance, since some countries release information about MAPFRE's written premiums in advance of the results presentation.
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Disclaimer
Mapfre SA published this content on 17 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 January 2023 07:49:02 UTC.
Mapfre S.A. is an insurance group organized around three areas of activity:
- non-life insurance (63.5% of written premiums): automotive insurance (38.3% of written premiums), P&C insurance (26.7%), accident and health insurance (11.4%) and other (33.6%);
- life insurance (19.2%);
- reinsurance (17.3%).
At the end of 2021, products are marketed through a network of 15 354 branches located in Iberia (8,992), Latin America (5,914), Eurasia (420) and North America (28).
Revenues break down geographically as follows: Iberia (41.8%), Eurasia (7.4%), Brazil (18.4%), Latin America (20.9%), North America (10.9%) and other (0.6%).
MAPFRE S.A. 
