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Mapfre has released its annual results for the financial year ended 31 December 2025. As of that date, written and accepted premiums totaled 29.145 billion EUR (34.3 billion USD), representing a year-on-year increase of 3.6%.
Non-life premiums reached 22.466 billion EUR (26.4 billion USD), while life insurance premiums stood at 6.679 billion EUR (7.9 billion USD).
The combined ratio improved by 2.3 percentage points to 92.2%.
Insurance revenue, calculated in accordance with IFRS accounting standards, increased by 3.3% to 26.352 billion EUR (31 billion USD).
The Spanish group closed 2025 with a net profit of 1.079 billion EUR (1.3 billion USD), up 19.6% compared to the end of 2024.
The company’s equity amounted to 8.96 billion EUR (10.5 billion USD), with a return on equity (ROE) of 12.4%.
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