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Mapfre s social footprint in the areas of disabilities and volunteering

Mapfre s social footprint in the areas of disabilities and volunteering
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Mapfre Middlesea plc holds its 40th annual general meeting

Mapfre Middlesea AGM was held remotely and streamed live on its website. Commenting on the year under review, chairman Martin Galea remarked that Mapfre Middlesea and Mapfre MSV Life have both performed well in spite of the pandemic. Both companies posted excellent returns. While Mapfre Middlesea posted a profit after tax of €4.12 million (2019 €4.01 excluding Group Dividends), Mapfre MSV Life posted a profit of €10.33 million (2019 €11.75 million) of which half is attributable to Mapfre Middlesea (the remaining half being owned by the bank). Due to these excellent returns Mapfre Middlesea will be issuing a net dividend of €3.20 million being 77.7 per cent of the company profit. 

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