Mapfre Middlesea plc - Interim Directors’ Statement

On 19 November, Middlesea Insurance plc issued its Interim Directors’ Statement providing details of the Group’s performance for the first nine months of 2013.

During the period under review, Middlesea Insurance plc stated that it is showing a positive performance as the technical results remain satisfactory, in spite of fierce price competition, and further satisfactory returns on the investment portfolios especially that of MSV Life plc. The improved results for 2013 continue to strengthen the solvency position of Middlesea Insurance plc which remains well above the regulatory requirement.