MAPFRE Announces Financial Target Improvements and Record Dividend

Mapfre, SA ( (ES:MAP) ) has provided an update.

MAPFRE has announced improvements in its financial targets, aiming for an average ROE of 11-12% and a combined ratio of 94-95% over the next two years. The company has also approved a record dividend for the 2024 fiscal year and introduced an Artificial Intelligence Center to strengthen its technological capabilities.

More about Mapfre, SA

MAPFRE, S.A. is a multinational insurance company that provides a wide range of insurance and reinsurance services. It is focused on improving its financial performance and enhancing shareholder value.

YTD Price Performance: 12.73%

Average Trading Volume: 111,625

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €8.34B

See more insights into MAP stock on TipRanks’ Stock Analysis page.