Coronavirus: financial analysis XXXI

MAPFRE is succeeding, even in the midst of a global pandemic

MAPFRE has shown great resilience in the face of an economic crisis of historic dimensions, with premiums to the end of September falling by only 3 percent. In this article, Fernando Mata, CFO and Member of the Board, takes stock of the company’s results for the first nine months of the year, which were presented last Friday.

 This crisis is a crash course in managing emotions for investors and the sports industry

In a revealing interview, Luis García, manager at MAPFRE AM and author and coordinator of the recently published book Inversión y Deporte, talks about how more serious investments in sport, and more specifically, soccer, have begun to join the mainstream. Garcia manages the MAPFRE Behavioral Fund, which has allocated a share of its portfolio to sports companies.

 US elections: the economy is not the battleground

The result of the American elections suggests that it will take days or weeks to determine the final balance of power, and could run on until early 2021. In the area of investment, the expected policies can be summarized in two aspects: whether a strong fiscal stimulus will be implemented during the year to come and what measures may alter the relative attractiveness of the stock market sectors. Alberto Matellán, chief economist at MAPFRE Inversión, explains the key issues here.

 “What should be of concern to the investor is that there is a government in the U.S. within two months at most.”
The inconclusive election result in the world’s leading economy generates yet more uncertainty, which translates into high volatility. Alberto Matellán, chief economist at MAPFRE Inversión, analyzes the potential impact it may have on financial markets and offers his recommendations for retail investors.

The aviation sector’s perspectives in the wake of COVID-19

The airline industry has taken a battering as a result of the crisis resulting from the pandemic. Fewer flights, reduced on-ground aircraft maintenance and new risks arising from the situation have become one of the main focuses of concern for airlines and the insurance industry alike, which will have to be double down and show it is capable of adapting and supporting its clients during these difficult times.