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28 Feb 2010, 11:59 pm
The company has said it will initially target the auto insurance market.As discussed here, Grupo Mundial recently agreed to form a joint venture with Spain's Mapfre uniting the two companies' operations in six Central American countries.Another Panamanian company planning to enter the Costa Rican market, ASSA Compañía de Seguros, recently received initial approval to operate after fulfilling the capital requirements set out by Sugese. [read post]
29 Jan 2010, 4:30 am
According to a report released recently by Fundacion Mapfre, total premiums for Latin America as a whole grew by 7.4% when comparing the first half of 2009 to the first half of 2008. [read post]
16 Dec 2009, 12:00 am
The resulting venture would bring together Mapfre’s subsidiary in El Salvador and Grupo Mundial’s operations in Panama, Costa Rica, Nicaragua, Honduras and Guatemala. [read post]
15 Dec 2009, 12:39 am
ACE joins XL Re, Mapfre, Munich Re, J. [read post]
30 Nov 2009, 12:12 am
The top ten insurers in the market by total premium are Suramericana, Bolivar, Colseg, Mapfre, Liberty, Alfa, Previsora, BBVA and QBE.Mexico: Despite continuing economic and social upheaval, total premiums grew 3.8% in the third quarter of 2009. [read post]
18 Nov 2009, 10:24 pm
Un ejemplo reciente, lo encontramos cuando el Consejo de la Comisión Nacional de Competencia (CNC) ha sancionado a las compañÃas de seguros ASEFA, Mapfre Empresas y Mapfre Re, Caser, Swiss Re, Scor, y Münchener con multas que en total suman 120.72 millones de euros por formar un cártel de fijación de precios mÃnimos en el seguro decenal de daños a la edificación… [read post]
9 Nov 2009, 12:49 am
Malucelli Re (5.7%), XL Re Brazil (3.7%) and Mapfre Re Brazil (2.7%).If you would be interested in learning more about the Brazilian and/or other Latin American (re)insurance markets and/or regulatory environments, please click the “Email the Editor” button and provide your contact information for follow-up by an EAPD attorney. [read post]
23 Oct 2009, 3:15 pm
An email sent to Mapfre was not immediately returned.] [read post]
3 Sep 2009, 5:40 am
The largest insurers in Peru by total premiums for the twelve months ended July 31, 2009 are RIMAC, Pacifico, Mapfre, Positiva and Invita.If you would be interested in learning more about the Costa Rican, Brazilian, Ecuadorian, Peruvian and/or other Latin American (re)insurance markets and/or regulatory environments, please click the “Email the Editor” button and provide your contact information for follow-up by an EAPD attorney. [read post]
27 Jul 2009, 3:32 am
Mapfre’s Latin American operation, Mapfre America, recently announced that its net profits increased 25.0% and its total premiums 20.3% when comparing the first half of 2009 to the first half of 2008. [read post]
25 Jun 2009, 12:34 am
The former monopoly holder, IRB-Brasil Re reportedly made up more than 80% of this figure, followed by Munich Re (8.8%), JMalucelli Re (6.5%), XL Re (4.1%) and Mapfre Re (.3%).It is important to note that these figures do not include any earned premiums as to admitted and occasional foreign reinsurers.For a copy of the report or if you would be interested in learning more about the Brazilian and/or other Latin American (re)insurance markets and/or regulatory environments, please… [read post]
2 Jun 2009, 2:09 am
Cazar also reportedly commented that the company is considering expansion into additional countries in the region, including in Central America.Mapfre Chile recently indicated that it is seeking to grow its activity in the large risk market in Chile through its recently launched Mapfre Global Risks offerings in the country. [read post]
14 May 2009, 1:56 am
BN Americas reports that Mapfre America, Mapfre’s Latin American subsidiary, achieved net profits of US$ 39.4 million in the first quarter of 2009, an increase of 49.7% over the first quarter of 2008. [read post]
28 Apr 2009, 8:08 am
Mapfre's Chilean subsidiary, Mapfre Compañia de Seguros Generales de Chile S.A., having previously agreed to pay US$35 million toward resolution of the claim, reportedly agreed on April 24, 2009 to contribute an additional US$43.7 million. [read post]
24 Feb 2009, 11:51 pm
The PEIF is a group of CEOs of major European insurance companies such as Aegon, Allianz, Aviva, AXA, Generali, ING, Mapfre, Munich Re, RSA, Swiss Re, Uniqa and Zurich Financial Services. [read post]
25 Apr 2008, 7:05 am
Firms that still have bundled resolutions in 2008 include insurance company Mapfre, construction materials firm Grupo Uralita, and electric utility Red Eléctrica de España. [read post]
15 Nov 2007, 1:31 am
Mapfre, one of Spain's largest insurers, opened in the United States in 1993 and operates in Florida and New Jersey. [read post]
1 Nov 2007, 8:23 am
One of the interesting aspects about the news coverage of the Commerce acquisition is that the Spanish insurer, Mapfre, already operates in some 40 countries, but has a relatively small footprint in the United States and intends to use the purchase as a primary vehicle to expand its operations here. [read post]
19 Apr 2007, 1:17 am
Mapfre Empresas S.A.S. [read post]
