trending Market Intelligence /marketintelligence/en/news-insights/trending/gn5WJ9BJtTUU2cyKdRY8eQ2 content esgSubNav
In This List

Mapfre sees 2021 revenues at €30B, premium growth of 5% from 2019 to 2021

Blog

Perspectives from China: The Shifting Regulatory Landscape

Blog

Anticipate the Unknown: Does Supply Chain Disruption Lead to Increased Credit Risk?

Blog

Data Stories: Data insights to help alleviate business complexity amid geopolitical risks

Podcast

Street Talk | Episode 90: Banks should not wait on the Fed to put cash to work


Mapfre sees 2021 revenues at €30B, premium growth of 5% from 2019 to 2021

Spanish insurer Mapfre SA is targeting 2021 revenues of €30 billion and average premium growth of 5% from 2019 to 2021, boosted by improved profitability at its life business, under its new strategic plan announced March 8.

In 2018, the group's revenues were €26.59 billion, and premiums were €22.54 billion.

The insurer said it was targeting average annual premium growth in its life business of 8% for the three years. It will also pursue an average return on equity of 10% and a combined ratio in nonlife of 96%.

ROE in 2018 was 6.4%, and the nonlife combined ratio was 97.6%.