Shutterstock.com_2563087915/Piotr Swat

24 July 2026Insurance

Mapfre bets $1.54bn on a bigger US insurance growth story

Global P&C carrier Mapfre will pay $1.54 billion in cash to buy US carrier Safety Insurance in a bid to add to its US growth story by building its presence in the New England region that it knows and likes.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Dropping commercial insurance rates hit hardest across Middle East, India and Africa

24 July 2026 IMEA leads the charge in plunging property, casualty and cyber rates.

Mapfre returns to selective growth Q2; margin beats target range

24 July 2026 Reinsurance rebounds from a steep Q1 contraction, but management talks caution.

US redrawing flood-risk maps could bring 5m extra mandatory policies into play: Neptune

23 July 2026 Flood MGA eyes windfall from federal emergency authority updating decades-old mapping.

More articles

Dropping commercial insurance rates hit hardest across Middle East, India and Africa

The Hartford sees business combined ratio deteriorate to 91.4% in Q2

Mapfre returns to selective growth Q2; margin beats target range

Chubb likes cheap reinsurance where it helps, ups cessions 5.2 pts

Going steady: RenaissanceRe improves Q2 combined ratio

US redrawing flood-risk maps could bring 5m extra mandatory policies into play: Neptune

RenaissanceRe ups ILS AuM on own cash and earnings, but flows don’t show

Florida got relief: nearly half of carriers cut reinsurance cost 15-25%

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze