Mapfre S A : (07.2021) Advance information regarding premiums
July 16, 2021 at 02:27 am EDT
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Madrid, July 16, 2021
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 PREMIUMS GROW 6.2% IN THE FIRST HALF OF THE YEAR
The company gives advance information to the market regarding premiums by region and business unit
In Spain, premiums grew almost 7%, surpassing 4.2 billion euros
MAPFRE RE premiums increase over 11%
MAPFRE has decided to release advance information to the market about premiums by region and business unit. This is part of our commitment to transparency and it allows the public to follow the behavior of the key business indicator a few days ahead of the approval and publication of results, which is planned for July 26 for this quarter.
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 to June 30 in advance of the results presentation.
Advance Information - Written Premiums and Exchange Rates
JUNE 2021
REGION / BUSINESS UNIT
Written Premiums
JUNE 2020
JUNE 2021
%
IBERIA
3,977.7
4,251.5
6.9%
LATAM NORTH*
886.6
1,347.0
51.9%
LATAM SOUTH
726.8
756.0
4.0%
BRAZIL
1,612.0
1,595.6
-1.0%
NORTH AMERICA
1,115.8
1,025.3
-8.1%
EURASIA
775.8
737.7
-4.9%
TOTAL INSURANCE
9,094.7
9,713.1
6.8%
MAPFRE ASISTENCIA
337.7
246.9
-26.9%
MAPFRE RE
2,910.0
3,241.4
11.4%
Holding, eliminations and other
(1,359.7)
(1,538.8)
-13.2%
MAPFRE S.A.
10,982.7
11,662.6
6.2%
Million Euros
Currency
Average Exchange Rate
JUNE 2020
JUNE 2021
%
US dollar
0.90180
0.83343
-7.6%
Brazilian real
0.18048
0.15491
-14.2%
Turkish lira
0.13849
0.10352
-25.2%
Mexican peso
0.04202
0.04160
-1.0%
Colombian peso
0.00025
0.00023
-7.6%
Peruvian sol
0.26454
0.22180
-16.2%
Dominican peso
0.01641
0.01454
-11.4%
This information is provisional and subject to change
* Premiums to June 2021 include the multi -year PEMEX policy for the amount of 563 million USD (469 million euros)
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Disclaimer
Mapfre SA published this content on 16 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 July 2021 06:26:03 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%).