Business Segments Mapfre, S.A. Borsa Italiana

Stocks

1MAP

ES0124244E34

Multiline Insurance & Brokers

Real-time Estimate Tradegate 10:42:03 30/09/2026 +04			5-day change	1st Jan Change
4.324 ^EUR	+0.28%		-2.66%	-

09-28	Spanish stocks - Factors to watch on Sept 28	RE
09-21	Spanish stocks - Factors to watch on Sept 21	RE

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Geographical Revenue Distribution History

Breakdown by Business Segment (EUR)

Fiscal Period: December	2021	2022	2023	2024	2025
Multi-line Insurance
Iberia	8.26B	7.35B	6.93B	8.75B	9.4B
Interest Expense	-3.1M	-4.9M	-	-	-
Income Tax Expense	189M	101M	77M	122M	156M
EBT	802M	512M	445M	590M	686M
Operating Income	753M	453M	-	-	-
Net Income	541M	376M	342M	436M	501M
Other - LATAM	-	-	-	6.09B	5.77B
Income Tax Expense	-	-	-	61.7M	35.5M
EBT	-	-	-	217M	91.2M
Net Income	-	-	-	140M	40.3M
Brazil	2.49B	3.57B	5.02B	5.3B	5.12B
Interest Expense	-1.8M	-2.6M	-	-	-
Income Tax Expense	71.2M	186M	230M	234M	281M
EBT	302M	705M	978M	1.03B	1.15B
Operating Income	282M	696M	-	-	-
Net Income	74.3M	144M	228M	253M	282M
	-	-	-	-	2.96B
Global Risks	216M	244M	2.47B	2.31B	2.97B
Income Tax Expense	11.3M	6.9M	9.6M	13.2M	18.5M
EBT	45.2M	27.7M	38.5M	52.7M	73.9M
Operating Income	45.4M	27.8M	-	-	-
Net Income	33.9M	20.8M	28.9M	39.5M	55.4M
North America	1.64B	1.88B	2.8B	3.08B	2.96B
Interest Expense	-	-	-	-	-
Income Tax Expense	31.2M	-1.7M	6.7M	32M	34.4M
EBT	120M	-18.5M	-53.7M	142M	173M
Operating Income	124M	-17M	-	-	-
Net Income	88.8M	-16.8M	-60.4M	112M	138M
	-	-	-	-	1.83B
EMEA	1.25B	754M	1.19B	1.7B	1.83B
Interest Expense	-	-	-	-	-
Income Tax Expense	6.5M	-100K	7.4M	-13.1M	62.8M
EBT	20.6M	-16.9M	-22.2M	-44.4M	59.2M
Operating Income	19.9M	-1M	-	-	-
Net Income	900K	-29.6M	-39.4M	-42.3M	-16M
Mexico	-	-	2.29B	-	-
Income Tax Expense	-	-	15.4M	-	-
EBT	-	-	64.4M	-	-
Net Income	-	-	49M	-	-
	-	-	-	-	5.77B
APAC	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
EBT	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
	-	-	-	-	2.97B
Latam South	1.01B	1.29B	3.62B	-	-
Interest Expense	-200K	-400K	-	-	-
Income Tax Expense	12M	-3.2M	3.4M	-	-
EBT	68.5M	109M	86.7M	-	-
Operating Income	76.9M	139M	-	-	-
Net Income	54.1M	111M	71.7M	-	-
	-	-	-	-	5.12B
Latam North	1.27B	1.53B	-	-	-
Interest Expense	-1.4M	-4.5M	-	-	-
Income Tax Expense	13.4M	16.8M	-	-	-
EBT	52M	69.9M	-	-	-
Operating Income	51.4M	68.2M	-	-	-
Net Income	26.8M	45.9M	-	-	-
	-	-	-	-	9.4B
Life Reinsurance Carriers
Reinsurance	3.38B	3.78B	7.32B	7.11B	7.74B
Income Tax Expense	30.8M	42.4M	71.4M	106M	178M
EBT	149M	165M	295M	401M	543M
Operating Income	149M	165M	-	-	-
Net Income	118M	123M	223M	295M	365M
	-	-	-	-	7.74B
Casualty
Assistance - MAWDY	489M	488M	232M	217M	238M
Interest Expense	-3.9M	-14.6M	-	-	-
Income Tax Expense	-12.4M	3.4M	-800K	2.3M	6M
EBT	-10.1M	10.6M	4.2M	6.6M	12.7M
Operating Income	-4.7M	6.8M	-	-	-
Net Income	600K	6.9M	5M	4.3M	6M
	-	-	-	-	238M
Holdings & Consolidation Adjustments	-56.8M	-82.5M	-5.66B	-5.01B	-5.79B
Interest Expense	-98.1M	-84.9M	-	-	-
Income Tax Expense	-33.2M	-38.4M	-39.4M	-46M	-44.8M
EBT	-195M	-165M	-188M	-300M	-263M
Operating Income	-13.4M	6.7M	-	-	-
Net Income	-173M	-138M	-170M	-270M	-240M
	-	-	-	-	-5.79B

Geographical breakdown of sales (EUR)

Fiscal Period: December	2021	2022	2023	2024	2025
Unallocated	6.83B	7.65B	10.36B	9.8B	10.79B
Total Assets	146M	183M	164M	195M	274M
	-	-	-	-	469M
Spain	7.76B	7.82B	7.82B	8.2B	8.89B
Total Assets	2.07B	2B	1.84B	1.98B	1.98B
	-	-	-	-	2.47B
Brazil	3.35B	4.86B	5.19B	5.08B	4.87B
Total Assets	564M	695M	783M	621M	601M
	-	-	-	-	524M
United States of America	1.74B	2.23B	2.46B	2.53B	2.47B
Total Assets	252M	258M	244M	213M	168M
Mexico	1.33B	1.03B	2.32B	2.05B	1.76B
Total Assets	153M	157M	176M	171M	225M
	-	-	-	-	581M
Peru	517M	732M	930M	795M	846M
Total Assets	126M	160M	192M	217M	132M
	-	-	-	-	202M
Other South Latin America	213M	283M	817M	938M	818M
Total Assets	24.1M	28.5M	73.9M	84.4M	70.1M
	-	-	-	-	423M
Colombia	368M	411M	523M	695M	581M
Total Assets	27M	22M	46.4M	36.9M	49.1M
	-	-	-	-	547M
Turkey	305M	369M	425M	510M	547M
Total Assets	22.7M	47.4M	66.2M	69.7M	80.2M
Chile	339M	398M	604M	383M	524M
Total Assets	24.9M	27.2M	17.6M	23.2M	41.9M
	-	-	-	-	1.76B
Germany	-	-	483M	492M	508M
Total Assets	-	-	26.4M	21.1M	25.2M
Dom. Republic	-	-	471M	504M	469M
Total Assets	-	-	46.8M	55M	38.2M
	-	-	-	-	508M
Italy	218M	198M	338M	368M	440M
Total Assets	81.9M	70.9M	63.1M	70.3M	56.9M
	-	-	-	-	158M
Puerto Rico	336M	368M	377M	465M	423M
Total Assets	54.2M	73.8M	56.1M	61.7M	55.8M
	-	-	-	-	440M
Argentina	191M	222M	159M	256M	286M
Total Assets	34.8M	41.7M	25.4M	43.8M	35.8M
	-	-	-	-	4.87B
Panama	224M	255M	275M	252M	256M
Total Assets	56M	43.9M	54.4M	16.4M	33.8M
Portugal	130M	144M	190M	201M	202M
Total Assets	42.9M	41M	67.3M	64.3M	85.6M
	-	-	-	-	256M
Malta	407M	339M	139M	151M	158M
Total Assets	232M	226M	156M	161M	161M
Unallocated Mapfre Re	-	-	-	-	-
Total Assets	-	-	-	-	-
	-	-	-	-	10.79B
Unallocated Mapfre Global Risks	-	-	-	-	-
Total Assets	-	-	-	-	-
	-	-	-	-	-5.77B
Unallocated Mapfre Asistencia	-	-	-	-	-
Total Assets	-	-	-	-	-
Other Eurasia	434M	415M	-	-	-
Total Assets	253M	21.6M	-	-	-
Other North Latin America	646M	840M	-	-	-
Total Assets	63.6M	71.4M	-	-	-
	-	-	-	-	818M
Venezuela	-	-	-	-	-
Total Assets	-	-	-	-	-
	-	-	-	-	846M
Other Countries	-	-	-	-	-
Total Assets	-	-	-	-	-
	-	-	-	-	286M
Corporate Areas and Consolidation Adjustments	-2.87B	-3.5B	-5.62B	-5B	-5.77B
Total Assets	829M	490M	473M	409M	422M
	-	-	-	-	8.89B