ECONOMY | 23.09.2021
With a payout of 7.8%, MAPFRE is second in the ranking of expected dividend yield. This exceptional performance is accompanied by a significant revaluation of the shares, which have accumulated gains of over 17% this year.
MAPFRE RE CEO Eduardo Pérez de Lema spoke with Rachel Dalton, senior reporter at Insurance Insider, about topics such as the growing severity and frequency of natural disasters, the company’s adaptation to Covid-19, Hurricane Ida’s impact, price adequacy in the different markets and cyber risk coverage evolution.
The stock markets began the week with losses, especially in the financial sector, following the collapse of the ‘Chinese Lehman’. However, Daniel Sancho clarifies on Negocios TV that, pending the decisions to be taken by the Chinese government in this regard, panic has not yet reached the markets.
Economic and financial publication Rankia has recognized the magnificent work of the MAPFRE AM fund manager. The fund he leads, the MAPFRE AM Behavioral Fund, has posted a return of 45% in the last twelve months and 23% year-to-date.
After Evergrande’s announcement of its debt payments, the markets are in a situation of tense calm. Despite this, our experts anticipate that the impact of Chinese real estate earthquake could cause a contagion effect on different scales.