Corporate Governance

Internal Code of Conduct

MAPFRE Corporate Governance is the set of the principles and standards that guarantee an adequate management and control, with the full participation of the directors and managers in decision making for the company’s orderly development. Further, the regulations and practices of good governance will always be aligned with legal requirements and with – save for duly justified exceptions – the recommendations of the authorities of each country.

With the aim of increasing the transparency of these principles, in this section you can access the relevant documents and information, and learn about the Corporate Governance policies that regulate MAPFRE’s structure, governing bodies and functioning.

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MAPFRE, S.A.'s Board of Directors accepts the 2nd recommendation of the Unified Code of Corporate Governance for Listed Companies (Código Unificado de Buen Gobierno de las Sociedades Cotizadas), approved by the Spanish Securities and Exchange Commission (CNMV); in the below attached document it has defined the framework of relations between MAPFRE, S.A., the holding company, and FUNESPAÑA, S.A.