Mapfre completes the purchase from Santander of 50.01% of a new insurance broker

MapfreMapfre's total premiums up 10.9% yr-on-yr in Q1'22

Mapfre (MAP) said this week that the acquisition, which had already been announced in January, of 50.1% of a new insurance broker from Banco Santander through its subsidiary Mapfre España has been completed, pending the corresponding authorisations. The broker will commercialise insurance for cars, multi-risk trade, multi-risk SMEs and civil responsability exclusively for Santander´s network in Spain.




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