Tag: mapfre
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MAPFRE MSV Life: saying many things to say nothing
MAPFRE MSV Life, the Bank of Valletta run insurance and funds-management company is running a PR campaign in the press to fight for its reputation after people discovered about financial education. CEO Etienne Sciberras claimed that MAPFRE did a €14.5 million profit in 2023 – I wonder how much of that was actual fees from…
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MAPFRE MSV Life: broken expectations and low returns
Yesterday, I was inundated with messages and and emails from clients of the MAPFRE MSV Life policies who feel they have been deceived. MAPFRE are acting simultaneously, as a financial advisor, fund manager and even fund/stock broker. Supposedly they provide insurance services, but their foray into financial services has left many Maltese clients broken and…
