Mapfre prosperiert in Lateinamerika

06.11.2014 – mapfre-logoDer spanische Versicherer Mapfre hat in den ersten neun Monaten des laufenden Geschäftsjahres den operativen Gewinn um 13 Prozent steigern können. Ausschlaggebend – auch für den Umsatz von knapp 20 Mrd Euro (plus 1,6 Prozent) – sei vor allem das signifikante Geschäftswachstum in Brasilien und den anderen lateinamerikanischen Ländern gewesen, gibt der Konzern bekannt.

Mapfre says:

“These results confirm the sustained development of Mapfre’s global business, particularly in strategic markets. In Spain, where signs of economic recovery are increasingly visible, the success of our strategic approach is also clear to see”, stated Antonio Huertas, Mapfres’s Chairman and CEO.

Equity has risen by 1,242 million euros (up 12.5 percent) since 2013 year-end, to 11,135 million euros, thanks among other factors to business growth, an increase in the market value of the investment portfolio and the appreciation of the Brazilian real, the Turkish lira and, above all, the US dollar.

In September, Mapfre announced the acquisition of Direct Line Group’s Motor businesses in Italy and Germany for 550 million euros. This transaction reflects Mapfre’s firm commitment to online direct insurance, doubling its presence in Europe. In Italy, Direct Line leads the direct motor insurance segment, and in Germany it ranks third. In 2013, these companies, which together have 1.6 million clients, reported premium revenues of 714 million euros.

Mapfre’s Board of Directors has approved significant changes in its management structure in order to propel forward the company’s key strategic projects, which will allow the Group to take a further step in the creation of a new structure aligned with its global scale. (vwh)

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