Businessweek

Mapfre, S.A. operates as an insurance company in Spain. The company operates in the insurance, reinsurance, finance and assistance sectors. The company’s activities, in Spain, also involve Investment Funds, Pension Funds and Pension Plans management, and other business services. The company’s market is focused mainly in Spain, Europe and Latin America. It also has a presence in USA and Turkey. The company’s product range covers all fields of the insurance business. It offers solutions to meet each of client needs, as well as those related to their properties and assets. Solutions for Individuals The company offers personalized solutions in the insurance, finance and services sectors. It operates in various insurance classes such as: motor, home, health, life, retirement, accidents, death, and assistance. Agriculture and livestock activities: The company also offers savings and investment solutions or services for senior citizens. Solutions for Professionals The company offers insurance and financial solutions adapted to meet the needs of professionals, self-employed and small companies, designed to guarantee their business activity and protect their assets. It also offers savings and investment solutions or vehicle renting. Solutions for Companies The company offers specific solutions designed to guarantee the business activity of both small and medium companies and large corporations and institutions. It also offers solutions in the following lines of the insurance sector: motor, third party liability, engineering and construction, marine and aviation, fire and other property damage, credit and surety, collective health, accident, life, retirement, insurance policies, agriculture and livestock industries. Through MAPFRE RE, a reinsurance company in Spain and Latin America, the company maintains business relationships with insurance companies in all countries worldwide. Significant Events On October 6, 2009, Banco do Brasil S.A. plans to form a strategic alliance with Mapfre SA.