

MAPFRE’s solvency ratio stood at 197.3% as at June 2023, including transitional measures, its latest financial figures have shown.
The insurer said the ratio “remains highly stable and solid, backed by high diversification and strict investment and ALM policies”. The solvency position remains within the tolerance range established by the group (target solvency ratio of 200% with a 25-percentgae point tolerance range.
The latest ratio would be 188.8% excluding the effect of these measures, compared to 189.5% at the close of March 2023.
Eligible own funds reached over €9.3bn as at 31 March 2023 and 30 June 2023, of which 83% are of high quality (Tier 1).