CORPORATE | 05.09.2025
MAPFRE reinforces its relationship with analysts and investors in Madrid and London after a solid first quarter
MAPFRE recently published its figures for the first quarter, which show a continuation of the positive trend demonstrated in 2024, a banner year for the company. The Group reported earnings of 276 million for the first three months, up 27.6% on the previous year, reflecting the successful implementation of the Strategic Plan.
To discuss its main lines of business in further detail, the company organized a series of exclusive Meet the Management meetings in Madrid and London. These meetings, led by MAPFRE’s Investment and Analyst Relations Area, have served to connect leading analysts and investors in the sector with MAPFRE’s management team.
During the event, José Manuel Inchausti, vice chairman of MAPFRE, highlighted having delivered on 100% of the objectives set down in the Strategic Plan and underlined the new objectives established: an average ROE of between 11 and 12% and a combined ratio of between 95 and 94%. “These results show we are a well-balanced company, ready to deal with any eventuality,” he said.
One of the key points made during the meetings was the fundamental role digital transformation has played in achieving this success. Inchausti emphasized the importance that the digital business is gaining, the impact of the new innovation model, as well as the release of the first AI Manifesto and the rollout of the REEF platform, a technological ecosystem that efficiently implements digitalization in the different markets, leveraging scalable solutions that can be easily exported among countries.
The meeting also addressed the outlook for the Motor business – which has returned to profitability and is once again driving earnings growth in Iberia – as well as MAPFRE’s leadership positions in Latin America and the United States. The diversification of the MAPFRE RE portfolio and its plans to in the Life business were also highlighted, with the creation of a specific unit to this end. There is a special focus on growth in the United States, after successfully placing the first Cat Bond, and in Asia Pacific, mainly in India and China.
The meeting was attended by almost the entire senior management team, including Elena Sanz, CEO of Iberia; Eduardo Pérez de Lema, CEO of International Insurance; Jaime Tamayo, CEO of North America; Miguel Rosa, CEO of MAPFRE RE; José Luis Jiménez, CFO of MAPFRE; Felipe Navarro, Corporate Director of Investor Relations, Capital Markets, and M&A, and Leandra Clark, Head of Investor Relations.