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The most important historical facts in the history of MAPFRE :

1933. The Agrupación de Propietarios de Fincas Rústicas de España creates MAPFRE.

1944. An agreement is signed with the Caja Nacional del Seguro Obligatorio de Enfermedad.

1954. MAPFRE close to bankruptcy due to increase in the pharmaceutical services.

1955. Ignacio Hernando de Larramendi takes over the General Management and puts the company back on its feet. Sickness insurance is dropped.

1962. MAPFRE acquires Central de Obras y Créditos which operates a network of financing companies throughout Spain.

1966. Nationalisation of workmen’s compensation insurance. Legal separation and separation of assets of MAPFRE MUTUALIDAD and MAPFRE MUTUA PATRONAL de ACCIDENTES de TRABAJO.

1970. MAPFRE becomes an insurance group with the mutual company as the parent company (motor insurance) and two subsidiaries MAPFRE VIDA (personal insurance) and MAPFRE INDUSTRIAL (other branches).

1975. FUNDACIÓN MAPFRE is created. MAPFRE SERVICIOS de REASEGURO is set up.

1977. Acquisition of Mundial de Inversiones which becomes MAPFRE INTERNACIONAL, grouping together foreign investments.

1981. Central de Inversión y Crédito becomes CORPORACIÓN MAPFRE.

1982. MAPFRE CAUCIÓN Y CRÉDITO is set up.

1983. MAPFRE is ranked as the number one insurance company. MAPFRE GUANARTEME and FUNDACIÓN GUANARTEME are created. The CENTRO DE INVESTIGACIÓN Y SEGURIDAD VIAL MAPFRE (Cesvi), today CESVIMAP, is set up.

1984. SISTEMA MAPFRE is created. The Comisión de Defensa del Asegurado (Ombudsman Committee for the Insured) is set up.

1985. Mutualidad Agropecuaria joins the Sistema as MAPFRE AGROPECUARIA.

1988. MAPFRE RE, MAPFRE ASISTENCIA, MAPFRE INVERSIÓN and MAPFRE VIDA PENSIONES are set up. The MAPFRE VIDA, MAPFRE MEDICINA and MAPFRE ESTUDIOS foundations are set up. International expansion of MAPFRE ASISTENCIA commences.

 

 

   

1990. Julio Castelo is appointed chairman of MAPFRE MUTUALIDAD. BANCO MAPFRE commences operations. MAPFRE SEGUROS GENERALES is created. MAPFRE becomes the leading insurance company in Latin America.

1998. The first framework agreement with Caja Madrid is signed. MAPFRE INTERNACIONAL becomes MAPFRE AMERICA and MAPFRE AMERICA VIDA and MAPFRE AMERICA CAUCIÓN Y CRÉDITO are created.

2000. The strategic alliance between MAPFRE and Caja Madrid is signed. MAPFRE MUTUALIDAD acquires MAPFRE AMERICA VIDA. The good governance code is introduced.

2001. Jose Manuel Martínez becomes the new chairman of SISTEMA MAPFRE. MAPFRE SEGUROS GENERALES acquires Grupo Finisterre.

2002. MAPFRE MULTICENTRO DEL AUTOMÓVIL, MAPFRE RENTING and CLUB MAPFRE DEL AUTOMÓVIL are set up. MAPFRE VIDA becomes the leading Spanish insurance company. A new management team takes over at MAPFRE.

2003. The merger between MAPFRE MUTUALIDAD and MAPFRE AGROPECUARIA is agreed. SEPI awards MUSINI S.A. and MUSINI VIDA to MAPFRE.

 
 
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