Mapfre

The headquarters of Mapfre, S.A., are in the Madrid neighborhood of Majadahonda. The company used to be known as Mutualidad de la Agrupación de Propietarios de Fincas Rsticas de Espaa (Mutualidad de la Agrupación de Propietarios de Fincas Rsticas of Spain), but now it just goes by the acronym Mapfre. In addition to being the largest non-life insurer in Latin America, it also has the title of "leading insurance company" in Spain.

The Commerce Insurance Group of Webster, Massachusetts, a significant supplier of auto insurance, was acquired by the business in October 2007 for more than €1.5 billion. The 2008 edition of Fortune's Global 500 list included Mapfre. The firm is Rafael Nadal's official sponsor. InsureandGo, a travel insurance company based in the United Kingdom, was acquired by Mapfre in October 2010 for an unknown sum. In March 2012, Antonio Huertas succeeded José Manuel Martnez as chairman of Mapfre.

Mapfre is worth $6.43 billion as of April 2023. Based on its market capitalization, Mapfre was the world's eighth-most valuable corporation in 2008. Mapfre has reported TTM revenue of $22.67 billion as of the end of the most recent reporting period. The company's 2021 revenue of $23.93 billion was up from the $22.20 billion it made in 2020.

Founded: 1933
Headquarters: Majadahonda, Madrid, Spain
Website: www.mapfre.es