Madrid, March 10, 2022

SPANISH SECURITIES AND EXCHANGE COMISSION

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'S SOLVENCY RATIO STANDS AT 206.3 PERCENT AT THE CLOSE OF

THE FOURTH QUARTER OF THE YEAR

It significantly improves compared to 2020 year-end and remains within the target range

MAPFRE has informed the General Directorate for Insurance and Pension Funds of an update of its solvency position as on December 31, 2021. The current and previous quarters' figures are detailed below for comparison purposes:

12/31/2020

03/31/2021

06/30/2021

09/30/2021

12/31/2021

Solvency Capital Requirement

4,622

4,695

4,772

4,777

4,508

(SCR)

Eligible Own Funds to cover the

8,917

9,436

9,281

9,255

9,302

SCR

Solvency ratio (SCR coverage)

192.9 %

201.0 %

194.5 %

193.8%

206.3%

Figures in millions of euros

MAPFRE Group Solvency II ratio stands at 206.3 percent as on December 2021, compared to 192.9 percent at the end of December 2020, including transitional measures. This ratio would be 195.2 percent excluding the effect of those measures.

Eligible own funds reached 9.3 billion euros at that date, of which 87 percent are of high quality (Tier 1).

The ratio remains highly stable and solid, backed by high diversification and strict investment and ALM policies. The Solvency Capital Requirement (SCR) reduction as on December 31, 2021 includes the impact of the Bankia Vida exit.

The Solvency position remains within the tolerance range established by the Group (target solvency ratio of 200 percent with a 25-percentage point tolerance range).

Madrid, March 10, 2022.

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Mapfre SA published this content on 10 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 March 2022 07:52:01 UTC.