Insurance News and Announcements

MAPFRE AM and GSI launch a social impact fund with a first goal of 50 million to finance companies

MAPFRE AM, the manager of the insurance group, and Global Social Impact Investments SGIIC (GSI) are joining forces to provide financing to companies with high social impact on both frontier and emerging markets. They will do so through an open private debt fund, called the Global Social Impact Fund (GSIF), which will initially focus on consolidated business models in sub-Saharan Africa and will potentially expand to Latin America. The vehicle, which aims to reach 50 million euros as a first goal, will be managed by GSI and has Santa Comba and MAPFRE as its main investors. MAPFRE AM will take on the role of investment advisor.

Fundación MAPFRE allocates 1 million euros to issue 10,000 food cards for families most affected by the crisis

To help these families recover, Fundación MAPFRE has created the Family Food Card, which will be distributed to socially vulnerable families with children through 30 social welfare organizations throughout Spain.

Fundación MAPFRE selects nine major social innovation projects in the new post-covid world

The nine projects selected provide real solutions to real health, mobility and insurance innovation problems.

MAPFRE Malta shows agility in their Business Training during COVID-19

The MAPFRE Malta business training programme for 2020 was originally planned as classroom training. However, due to the extraordinary circumstances presented by the Coronavirus, they had to be creative and agile by revamping their training programme in its entirety to online training. This was only possible due to the excellent teamwork that is prevalent within the Group along with the great partnership offered by PwC in terms of both training coordination and communication to the MAPFRE Sales Network. MAPFRE Malta is comprised of MAPFRE Middlesea and MAPFRE MSV Life.

MAPFRE Private Equity Investment

MAPFRE has decided to take an important step in alternative investment, specifically in private equity.

MAPFRE participated in the UN Target Gender Equality initiative to promote commitment to gender equality

"Inequalities are unfair on the individuals subjected to them but are also harmful to society as a whole.

MAPFRE Malta contribute towards World Blood Donor Day 2020

This month, several employees from MAPFRE Malta, which is comprised of MAPFRE Middlesea and MAPFRE MSV Life, will be celebrating World Blood Donor Day by donating blood towards the National Blood Transfusion Unit (NBTU). MAPFRE Malta recognise the universal need for safe blood, which time after time has played a critical role in both treatments and urgent interventions. Thus, the company will do their part in helping ensure that a safe and sustainable blood supply is readily available for those who need it.

MAPFRE donated €5,000 towards the Malta Trust Foundation

MAPFRE Malta has donated €5,000 towards the Malta Trust Foundation, which runs, amongst others, the Food Aid Project aimed at helping out families in need.

MAPFRE Malta supports refugee community during Ramadan

MAPFRE Malta recently made a contribution of food items consumed during the period of Ramadan by members of the local refugee community in Malta. The initiative was coordinated by TAMA, a mental health service provider dedicated towards providing aid to vulnerable communities in Malta..

Fundación MAPFRE donates 100,000 masks to Malta

Fundación MAPFRE, a nonprofit foundation of the MAPFRE Group, has donated 100,000 facemasks to Malta.

MAPFRE Middlesea announces measures to support clients during Covid-19 crisis

In an effort to support clients in these difficult times and to ease some of the financial burden many are experiencing, MAPFRE Middlesea are introducing additional benefits to their clients.

FUNDACIÓN MAPFRE ALLOCATES 35 MILLION EUROS TO STOP THE SPREAD OF COVID-19, HELP FAMILIES, AND CREATE JOBS

Today, in light of the emergency created by the coronavirus crisis, Fundación MAPFRE announced its plans to allocate 35 million euros to various international projects aiming to better protect the population against the virus, help society's most disadvantaged groups, and help the world to get out of this crisis with the least possible impact.

MAPFRE will donate €5 million to the Spanish National Research Council, to accelerate the investigation into COVID-19

MAPFRE will donate five million euros to the Spanish National Research Council (CSIC) to accelerate research in Spain

Fundación MAPFRE continues its mission to generate awareness on road safety measures

Throughout 2020, Fundación MAPFRE will continue in their efforts to generate awareness towards road safety measures by educating children and the public in general on road safety measures.

MAPFRE collaborate with Puttinu Cares

In February, MAPFRE, which is comprised of MAPFRE Middlesea and MAPFRE MSV Life, showed their support towards the patients at the Rainbow Ward in Mater Dei Hospital by organising an event for them in collaboration with Puttinu Cares.

MAPFRE Middlesea supports The Maltese Association of the Sovereign Military Order of Malta

In 2020, MAPFRE Middlesea have once again renewed their support towards the Maltese Association of the Sovereign Military Order of Malta (MASMOM) with the help of a voluntary pilgrimage to Lourdes for ill people and their families.

MAPFRE Malta Highlights of Socially Responsible Activities held in 2019

FUNDACIÓN MAPFRE LAUNCHES THE TENTH EDITION OF THE JULIO CASTELO MATRÁN INTERNATIONAL INSURANCE AWARD

The winner will receive a cash prize of 30,000 euros

A new ray of hope for three-flippered Tama

19 year-old loggerhead turtle by the name of Tama due to its miraculous comeback, has been released today at Golden bay.

Fundación MAPFRE supports Street Smart Road Safety Campaign in collaboration with D4RS

Doctors for Road Safety (D4RS) launched in the beginning of October 2019 the 6th edition of Fundacion MAPFRE Street Smart Road Safety Campaign with the aim of promoting road safety awareness through educational sessions held at Schools across Malta.

MAPFRE Middlesea employees donate over €1,000 to Foodbank Lifeline Foundation

In the last four years, MAPFRE Middlesea employees together with the Chairman and CEO have decided to collect a number of funds together in order to donate them towards a good cause. Every year, the management of the company chooses a different cause whereby the employees may contribute in the spirit of giving.

MAPFRE Malta organise party for elderly residents at Little Sisters of the Poor

MAPFRE Malta rounded off this year’s activities dedicated towards corporate social responsibility with an activity held at the Little Sisters of the Poor situated in Hamrun, whereby employees from both MAPFRE Middlesea and MAPFRE MSV Life organised a small party for the home’s residents.

MAPFRE Economic Research forecasts Non-Life premiums growth of less than 3 percent in the global insurance market during 2019–2020

For the first time, MAPFRE Economic Research has evaluated the performance and prospects of Non-Life premiums growth in 38 markets (33 countries and 5 regions), as part of its report “Growth Forecasts for Insurance Markets: Non-Life.”

MAPFRE team up with BirdLife Malta for Habitat Restoration

Following the successful event of MAPFRE’s Global Volunteering Day held in October, the company continued to strengthen its commitment towards environmental sustainability by teaming up with BirdLife Malta in order to aid restoration of sand dune habitats. Josianne Briffa, Chief Compliance Officer of MAPFRE MSV Life, organised this event in collaboration with BirdLife Malta.

MAPFRE's revenues grow by 6.5% to €21.62 billion

MAPFRE's revenues in the first nine months of the fiscal year rose to 21.62 billion euros, representing a 6.5 percent increase on the same period of the previous year, with premiums growing by 2.5 percent to 17.65 billion.

MAPFRE Malta implement new Behavioural Training as part of their Global #DigitalChallenge

MAPFRE Malta implement new Behavioural Training in conjunction with the MAPFRE Global #DigitalChallenge. This behavioural training is being facilitated within the framework of MAPFRE’s strategic initiative and commitment towards digital transformation. Training, which comprises of an overall of 9 sessions of 7 hours each, has been delivered to over 300 employees across MAPFRE Middlesea, MAPFRE MSV Life and MAPFRE Middlesea Assist. Additionally, 2 more sessions are being delivered to the leaders of the aforementioned companies, consisting of training up to 12 hours for all Managers and Senior Managers within those entities.

Fundacion MAPFRE supports Inspire Foundation

The Multi-Sensory Rooms at Inspire Foundation are being sponsored once more by Fundacion MAPFRE, a non-profit institution within the MAPFRE Group. The generous sum of €51,000 was contributed to cover the running costs of this service for the upcoming year, through which hundreds of children benefit.

MAPFRE Malta employees celebrate Pink October and make donations

Towards the end of the month, MAPFRE Malta continued to celebrate Pink October by encouraging all employees to come to the office wearing pink in order to further raise awareness for breast cancer.

MAPFRE AM joins the RIBI index as an ‘Avant Gardist’ manager in socially responsible investment

MAPFRE’s asset management company has been listed in the ‘Avant Gardist’ category of the H&K Responsible Investment Brand Index, which identifies the European firms in the sector who are most committed to Socially Responsible Investment.

MAPFRE Malta supports Action for Breast Cancer Foundation for Pink October

This month, MAPFRE Malta has contributed towards the production of a campaign created by the Action for Breast Cancer Foundation in order to support the initiative and generate awareness for Pink October. The campaign focuses on generating awareness regarding the prevention and/or early detection of breast cancer, emphasizing the importance of regular self-examinations in order to significantly improve the possibility of survival.

MAPFRE Malta organize clean-up at Ġnejna Bay for Global Volunteering Day

For the third consecutive year, MAPFRE has continued to strengthen its ongoing commitment towards environmental sustainability by holding its Global Volunteering Day. Similar to previous years, the volunteering activities pertaining to this year’s initiative focused on the restoration and reforestation of degraded areas as well as cleaning up garbage and waste from any marine habitats. The event took place this October as part of its global program dedicated to corporate social responsibility.

FUNDACIÓN MAPFRE Research Project Grant Approaches

Fundación MAPFRE has made a new call for applications for grants for a total of 315,000 Euros, open to academic and professional researchers and research teams that wish to develop research programs independently or within the scope of universities, hospitals, companies or research centers that they belong to.

MAPFRE Middlesea sponsors The Bubble Festival

For the fourth consecutive year, MAPFRE Middlesea has once again supported the NGO The Bubble by sponsoring the annual event, and thus reducing the total cost of the festival, allowing for more proceeds to be directed towards its beneficiaries.

Fundación MAPFRE supports a research project to prevent cellular deterioration and delay aging

A team of Spanish researchers, led by Prof. Juan Carlos Izpisúa and Dr. Pedro Guillén amongst several others, and supported by Fundación MAPFRE, have discovered a new function of protein DGCR8, which is key to reducing the severity of illnesses such as osteoarthritis.

Abante and MAPFRE sign agreement to offer their clients quality asset management and advisory services

The insurance group will hold 10 percent of the capital of the independent financial company, with the option to increase its shareholding to 20 percent within three years

MAPFRE Malta organise fund-raising event for Hospice

As part of its CSR programme in 2019, MAPFRE Malta organised an ice-cream day for its employees as a fund-raising to aid the NGO Hospice.

MAPFRE Malta employees volunteer to organise a boat trip for boys of St Patrick’s Residential Home

As part of its ongoing commitment to corporate social responsibility, MAPFRE Malta has once again organised a boat trip for some of the young residents of St Patrick’s Residential Home.

MAPFRE’s commitment to the environment

MAPFRE has met some very important objectives in its commitment to sustainability, most notably through its MAPFRE Sin Plástico campaign.

Equal Partners Foundation holds end of year celebrations of programme sponsored by Fundación MAPFRE

The ‘Young Explorers’ and ‘Stepping Out’ programme participants recently celebrated their achievements during a meeting wherein they all talked about their experiences.

Fundacion MAPFRE opens its call for applications

Fundación MAPFRE has made a new call for applications for grants for a total of 315,000 Euros

MAPFRE Middlesea launches new innovative campaign ‘Sketch your dreams’ with a chance to win a €1,000 Travel Voucher

This month MAPFRE Middlesea will be launching their latest and most innovative product campaign yet called ‘Sketch your dreams’.

MAPFRE Middlesea Group registered a profit before tax of €9.83 million for the first six months of 2019

The Board of Directors of MAPFRE Middlesea p.l.c., approved the unaudited financial statements of the Group for the financial half year ended 30 June 2019.

MAPFRE was the sixth largest European Non-Life insurer in 2018

According to the 2018 edition of the annual ranking created by MAPFRE Economic Research, the company is among the 15 leading European insurance companies.

Team-building with MAPFRE Malta

In an event organised by JUGS Malta, employees from MAPFRE Malta (comprised of MAPFRE Middlesea and MAPFRE MSV Life) stepped away from the office to participate in a treasure hunt themed team-building event this June.

MAPFRE Malta celebrate Health Week

This year, MAPFRE Malta, comprised of MAPFRE Middlesea and MAPFRE MSV Life, once again celebrated Health Week during the month of June in order to raise awareness on the importance of both physical and mental wellbeing for its group of employees.

Agreement signed between MAPFRE Middlesea and MUBE

January 2019 witnessed the introduction of renewed terms and conditions for all employees at MAPFRE Middlesea as a result of the new Collective Agreement signed between MAPFRE Middlesea and MUBE.

MAPFRE Middlesea: First to introduce Artificial Intelligence within the insurance industry in Malta

Leading insurance company MAPFRE Middlesea is the first to implement the use of Artificial Intelligence (AI) within the insurance industry in Malta.

Workshops on Cultural Diversity, Healthy Selfie, 1st MAPFRE run and talks on Inclusion, Health and Well-being, Notable Activities of the MAPFRE Week

The MAPFRE Week, which is a yearly project led by the company's Human Resources area, is held this year from the 10th to the 14th of June.

MAPFRE Group support Jays of Sunshine

This month, 10 employees from MAPFRE Group sponsored a recently formed non-governmental organisation (NGO) known as ‘Jays of Sunshine’ as part of their commitment to corporate social responsibility.

MAPFRE Middlesea sponsored the 2nd edition of the First Responder Doctors Training course

This year, MAPFRE Middlesea have sponsored the 2nd edition of the First Responder Doctors Training (FRDT) course which was held by Doctors for Road Safety (D4RS) in conjunction with the Association of Emergency Physicians of Malta (AEPM) as part of their ongoing initiative to support road safety.

MAPFRE Group team up with Inspire Foundation for World Autism Awareness month

As part of their ongoing commitment to corporate social responsibility, 6 employees from MAPFRE Group teamed up with Inspire Foundation by helping out with the STAR 25 Programme. This initiative was carried out in support of the cause pertaining to World Autism Awareness month.

MAPFRE Middlesea holds Annual General Meeting

MAPFRE Middlesea Chairman Martin Galea reported another successful year for the company during its Annual General Meeting which took place at the Corinthia Hotel last week.

MAPFRE’s economic research predicts global slowdown

The global economy exhausts its cycle by slowing down after having reached the highest level of growth during 2018, until it approaches the current values that are in line with its trend growth.

Fundacion MAPFRE sponsors Inspire Foundation’s Multi-Sensory Rooms for the 3rd year running

Inspire’s Multi-Sensory Rooms, a service offered to people with sensory issues, are being sponsored for the 3rd year running by Fundacion MAPFRE, a non-profit institution within the MAPFRE Group.

MAPFRE Group help out at Dar Papa Frangisku

During the month of March, 10 employees from MAPFRE Group helped out at Dar Papa Frangisku

New APP from the FUNDACIÓN MAPFRE documentation center

The ‘Biblioteca FM’ app gives access to more than 150,000 documents that can be downloaded and incorporated into your own library

FUNDACION MAPFRE joins the United Nations organization #Speakup campaign

Promoting a global campaign to fight against distractions at the wheel

Economic Research presents the MAPFRE GIP Index, the first global indicator that will measure the insurance potential of the world's different markets.

China leads the ranking for potential in both Life and Non-Life. The USA and India are among the top three positions in both lines. The new index will be updated on an annual basis.

27 Innovative Projects with a Social Impact to Transform the World

The Fundación MAPFRE Awards for Social Innovation assessment committee has chosen the 27 most innovative projects from among the more than 200 projects submitted