The Spanish reinsurer Mapfre Re has reorganized his business structure with the aim of promoting its “strategic objectives”.
The changes, in force from 1 March, will focus on the development of the life company, together with a “sharper strategic, commercial and technical focus and improved relationship with customers and brokers”.
The new structure is also expected to support an “agile reaction” on evolving customer and market needs.
Mapfre Re has appointed Javier San Basilio as General Manager.
In its new role, Basilio will coordinate the regional departments and take responsibility for developing relationships with large customers and brokers.
The non-group activities of the reinsurer are now structured in non-life insurance and life company.
As assistant-general managers, Carmen Bueso will lead the non-living underwriting unit, while Maite González will lead the life company, including life, health and accident functions.
Ricardo Pérez has been appointed as a manager for the Iberia and Latin -America region and becomes a member of the Mapfre Re management committee.
The company is active in four regional divisions: Iberia/Latam, under the supervision of Pérez; APAC, led by Javier Sánchez CEA; EMEA, led by Mark Meyerhoff; and North America, managed by Carlos Sanzo.
Fernando Utrilla will continue to manage the company that comes from the Mapfre Group.
In addition, a strategy, communication, sustainability and innovation division has been established to offer an “integrated vision” of these aspects, led by Juan Satrústegui.
Mapfre Re CEO Miguel Rosa said: “These changes will enable us to continue with a greater agility and ambition in the Mapfre Re strategy, because we will meet even greater challenges in the coming years. We will continue to stimulate the non-lifelife company and encourage the development of our life company, where we still have a long way to go. “
In December 2024 Mapfre RE sponsored First Catastrophe Bond For $ 125 million (€ 120.98 million), designed to protect against catastrophic events such as tropical storms and hurricanes in the US.
“Mapfre re renews the business structure to stimulate strategic goals” was originally made and published by Life Insurance InternationalA brand of global data.
The information on this site is only included for general informative purposes. It is not intended to be an intended for advice on which you must trust, and we do not give a representation, warranty or warranty, whether we express whether we are implicit with regard to its accuracy or completeness. You must obtain professional or specialist advice before taking or taking all promotion on our site on the basis of the content.