We have returned to the catastrophe bond market with a new issuance of €125 million through Recoletos Re DAC. This transaction allows us to diversify our reinsurance sources and reinforce our global position, providing greater security against extreme wind events in the region.
Thanks to investor confidence, we exceeded initial expectations and reaffirm our commitment to innovative solutions for risk management.
In MAPFRE RE we continue to adapt our structure with the goal of consolidating our growth strategy.
MAPFRE has just released its first-quarter figures, which show a continuation of the positive trend already seen in 2024, a historic year.
This bond, launched through Recoletos Re DAC, provides us with coverage against catastrophic exposures to tropical storms and hurricanes in the United States.