Wire flash
FinanceMapfre: H1 net profit reaches EUR 624 mln, announces acquisition of Safety
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
Mapfre, S.A. held its Q2 2026 earnings call, reporting a solid performance with net profit reaching EUR 624 million for the first half of 2026, driven by strong results in core markets including Iberia and Mapfre Re. The call was opened by Deputy General Manager Felipe Navarro, followed by Group Executive Chairman Antonio Huertas, who discussed a recently announced acquisition and overall trends. Group CFO Jose Luis Jiménez provided an overview of IFRS figures and local accounting financials. Jaime Tamayo, CEO of North America, detailed the acquisition of Safety. The presentation also covered balance sheet and solvency data, with a Q&A session at the end.
Source report
Felipe Navarro López de Chicheri Deputy General Manager of Finance
Good morning, and welcome to MAPFRE's activity update for the first half of 2026. I am Felipe Navarro, Deputy General Manager of the Finance area. Thank you very much for joining us.
First, I would like to apologize for releasing results earlier than expected. We had to wait for the closing of the Nasdaq.
We are pleased to have with us:
- Antonio Huertas, Group Executive Chairman, who will open the presentation with remarks on the recently announced acquisition and an overview of recent trends.
- José Luis Jiménez, our Group CFO, who will provide a brief overview of IFRS figures (reported to the CNMV on a half-year basis) and discuss the main financials under local accounting.
- Jaime Tamayo, CEO of North America, who will discuss the details of the Safety acquisition.
I will walk you through the balance sheet and solvency data.
You may submit questions at any point during the call using the "Ask a Question" link. We will address them during the Q&A session at the end of the presentation.
I will now hand the floor over to Antonio.
Antonio Huertas Mejías President, CEO & Chairman
Thank you, Felipe. Good morning, everyone. Thank you for joining us today.
We are pleased to report that MAPFRE has delivered a solid performance with clear growth in profitability for the first half of 2026. Net profit reached €624 million, reflecting excellent performance across our core markets. Iberia and MAPFRE Re were key contributors to this result.
Source
All Articles on Seeking AlphaNeutral / independent
Part of this Story
Mapfre Q2 2026 Earnings Call: Net Profit Reaches EUR 624 Million, Acquisition of Safety Announced