Chile - New lines of business

Guillermo Garcia Castellon, Mapfre's CEO in Chile, aims to achieve a general insurance market share of over 15%, against 11% today, including 10% of all Chilean life policies.Mapfre's expansion in Chile will focus on home and motor insurance, but will include the health insurance field and increase their third-party liability portfolio. Acquisitions are not discarded, says Mr Castellon."We are open to any opportunities," he added.