MAPFRE Re names Javier San Basilio as general manager

Javier San Basilio has been appointed general manager of MAPFRE Re, taking on direct coordination of the regional divisions and responsibility for the development of large clients and brokers, among other functions.

This appointment is part of MAPFRE Re’s organisational restructure, aimed at advancing its strategic objectives, including further development of the Life business, a sharper strategic, commercial, and technical focus, and stronger relationships with clients and brokers.

According to the firm, the new structure, set to take effect on 1 March 2025, will facilitate a more agile response to market changes and client needs.

The Non-Group business is to be structured through two lines: Non-Life Underwriting and Life Business. Carmen Bueso will reportedly head up Non-Life Underwriting and Maite González will lead Life Business, encompassing the Life, Accident and Health businesses, assuming direct coordination of the regional supervisors for the Life business.

Meanwhile, Ricardo Pérez has also been appointed manager of the Iberia/Latam regional area, and he will also join MAPFRE Re’s Management Committee.

MAPFRE Re explained that the different markets it operates in are structured across four large regional areas: the aforementioned Iberia/Latam, APAC (led by Javier Sánchez Cea), EMEA (led by Mark Meyerhoff) and North America (with Carlos Sanzo as the most senior manager).

“Management of the business coming from the MAPFRE Group remains unchanged with Fernando Utrilla at the helm,” the firm added.

A Strategy, Communication, Sustainability and Innovation area has also been created with the objective of projecting an integrated vision of all these areas and will be led by Juan Satrústegui.

Miguel Rosa, CEO of MAPFRE Re, commented, “These changes will enable us to move forward with greater agility and ambition in the MAPFRE Re strategy as we take on even greater challenges in the coming years. We’ll continue boosting the Non-Life business and drive the development of our Life business, where there are still huge growth opportunities.”

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