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Mapfre, S.A., headquartered in Majadahonda (Madrid), Spain, is a leading global insurance group across life, non-life, and reinsurance businesses. In H1 2025, net profit rose 23.6% YoY to €570 million, driven by stronger technical margins, lower combined ratios, and €32 million in capital gains. Premiums grew 5.3% to €15.95 B, while combined ratio improved to 93.1%. The Iberia region delivered €239M net profit (+42.4%), and Mapfre RE contributed €132M with a combined ratio of 95.9%. Solvency remained strong at 208.7%. Asset management (Mapfre AM) AUM approached €40 billion, one of Spain’s largest non-bank fund platforms.
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