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Mapfre, S.A. (Spanish pronunciation:, officially typeset MAPFRE) is a Spanish multinational insurance company, based in Majadahonda, Madrid.The name comes from the old mutual origin of the company (Mutualidad de la Agrupación de Propietarios de Fincas Rústicas de España), but the company now only refers to itself as Mapfre.
MAPFRE Insurance is a subsidiary of the Spanish multinational MAPFRE Group, an international insurer with business in 47 countries on five continents. The MAPFRE Group is a major insurer in Spain and also the non-life market in Latin America and the sixth-largest non-life insurer in Europe. [2]
In 1915, Spain completed the construction of an embassy in Panama City. [4] During the Spanish Civil War (1936-1939) several Spaniards immigrated to Panama seeking refuge. [5] In September 1977, King Juan Carlos I of Spain paid an official visit to Panama, the first of three visits. [6] From 1983 to 1989, Manuel Noriega ruled Panama.
In February 2015, Grupo Sura acquired Seguros Banistmo in Panama for a value of USD$96.4 million, [4] making it a strong competitor in the Central American country with sales of USD$126,400 in 2016 and occupying fourth place below ASSA, International Insurance and Mapfre. [5]
The Brazilian daily Folha de S.Paulo revealed in October 2023 that Noboa is the owner of two offshore companies located in Panama, according to the Panama Papers. [96] He is also linked to several other companies owned by his father in tax havens. [96] Ecuadorian law prohibits election candidates from owning assets in tax havens. [96]
Mapfre Middlesea plc (stylized as MAPFRE; previously Middlesea Insurance) is a Maltese insurance company headquartered in Floriana. It is a subsidiary of the Spanish multinational insurance company MAPFRE .
Panama is the second country in Latin America (the other being Costa Rica) to permanently abolish its standing army. Panama maintains armed police and security forces, and small air and maritime forces. They are tasked with law enforcement and can perform limited military actions.
The following year, she moved with her family to Panama where she taught engraving in a studio of the Museum of Contemporary Art (MAC). This 4-years stay in Central America had a decisive influence on her art. [3] Back to Madrid, the Mapfre foundation awarded her the drawing prize "Penagos" in 1990. [4]