Mapfre S A : (07.2022) Advance information regarding premiums
July 15, 2022 at 03:44 am EDT
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Madrid, July 15, 2022
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 7.3% IN THE FIRST HALF OF 2022
The Group would have 7.7% 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 (-4.5%) and currency appreciation in 2022 (+4.9%)
Premiums from the insurance business grew 8.5%
MAPFRE RE premiums increase 13.9%
Advance Information - Written Premiums and Exchange Rates
REGION / BUSINESS UNIT
Written Premiums
JUNE 2022
JUNE 2021
%
IBERIA
4,235.8
4,251.5
-0.4%
LATAM NORTH
1,127.2
1,347.0
-16.3%
LATAM SOUTH
962.7
763.4
26.1%
BRAZIL
2,240.2
1,595.6
40.4%
NORTH AMERICA
1,269.3
1,025.3
23.8%
EURASIA
708.3
737.7
-4.0%
TOTAL INSURANCE
10,543.5
9,720.5
8.5%
MAPFRE ASISTENCIA
104.5
246.9
-57.7%
MAPFRE RE
3,692.8
3,241.4
13.9%
Reinsurance Business
2,734.6
2,454.2
11.4%
Global Risks Business
958.2
787.3
21.7%
Holding, eliminations and other
(1,831.1)
(1,546.2)
-18.4%
MAPFRE S.A.
12,509.7
11,662.6
7.3%
Million Euros
CURRENCY
Average Exchange Rate
JUNE 2022
JUNE 2021
%
US dollar
0.92365
0.83343
10.8%
Brazilian real
0.18357
0.15491
18.5%
Mexican peso
0.04542
0.04160
9.2%
Colombian peso
0.00024
0.00023
3.6%
Peruvian sol
0.24246
0.22180
9.3%
Dominican peso
0.01661
0.01454
14.3%
Turkish lira
0.06158
0.10352
-40.5%
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 a few days ahead of the second quarter results presentation, which is planned for July 28.
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 15 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2022 07:43:05 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%).