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A.M. Best Affirms Ratings of MAPFRE Insurance Company of Florida


OLDWICK
, N.J.
, JUNE 20, 2008

A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating (ICR) of "a-" of MAPFRE Insurance Company of Florida (MAPFRE Florida) (Miami, FL). The outlook for both ratings is stable.

 


MAPFRE APPROVES ITS 2007 ACCOUNTS WITH A RECORD PROFIT

Dividend per share increases 44% In 2008, the Group anticipates revenues from operations In excess of 17,500 million euros

 

MAPFREs Annual General Meeting of Shareholders approved today, among other agreements, the Groups results and the dividends to be paid out of the year 2007 results, the reorganisation of the strategic alliance with CAJA MADRID and the renewal of its Board of Directors.

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