Mapfre Re improves FY CoR by 2 points as net result jumps 33%
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Mapfre Re improves FY CoR by 2 points as net result jumps 33%

The Dana floods in Valencia resulted in a EUR34mn net impact at group level.

By Rebecca Perkins
February 12, 2025
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mapfre logo Mapfre building in Valencia.png

Mapfre Re has posted a combined ratio of 93.6% in 2024, a 2-percentage-point improvement on the prior-year period.

The reinsurance unit of the Spanish carrier delivered a net result of EUR285.6mn

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News Mapfre Results Re/insurers
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