SOLVENCY | 09.03.2024
MAPFRE’s solvency ratio stands at 196.6 percent at the end of the first half of the year
The solvency position remains stable and within the established target range.
MAPFRE has informed the General Directorate for Insurance and Pension Funds of the quarterly recalculation of its solvency position, following the Insurance Supervisor’s recommendations based on best practices for Internationally Active Insurance Groups. The current and previous quarters’ figures are detailed below for comparison purposes:
MAPFRE Group Solvency II ratio stands at 196.6 percent at June 2024. Eligible own funds reached nearly 9.3 billion euros at that date, of which 82.7 percent are of high quality (Tier 1).
The ratio remains highly stable and solid, backed by high diversification and strict investment and ALM policies, and remains within the tolerance range established by MAPFRE S.A.