Mapfre
Top five European news stories
The top five stories from insuranceinsight.com over the past seven days.
Mapfre and Euler Hermes receive green light for JV
Spanish insurer Mapfre and French insurer Euler Hermes have been cleared by the European Commission to proceed with their planned credit insurance joint venture.
Mapfre and Genworth join forces to sell products in Latin America
Spanish insurer Mapfre is to distribute Genworth lifestyle protection insurance products in Latin America.
Mapfre Assistance signs deal for Italian rental firm's fleet
Mapfre Assistance has signed a deal to manage the fleet of Italian car hire firm Car Server.
Mapfre result down 20% owing to Eurozone impairments
Mapfre's attributable result fell 20.1% to €434.2m in the first half of 2012 after provisions and impairments resulting from the Eurozone crisis.
Mapfre to offer roadside assistance for bikers in India
Mapfre Assistance is to provide breakdown assistance for moped and motorcycle riders in India, after designing a trailer to transport two-wheeled vehicles.
Mapfre to create 150 jobs in Mexico in new Mapfre Tower
Mapfre chairman Antonio Huertas unveiled growth plans for Mexico in a visit to the country yesterday.
Mapfre consolidates Italian position with travel tie-up
Mapfre Assistance has signed an agreement with Intermundial company,the third biggest Spanish travel insurance group by market share, to provide a range of policies on the Italian market.
Brokers will use downgraded insurers, but only if clients make the request
Brokers have admitted they will continue to work with downgraded insurers at clients’ requests, despite rating agency Fitch conceding there is no end in sight to potential downgrades linked to the Eurozone crisis.
Allianz tops 2011 non-life rankings for premium income
Allianz retained its place as Europe's top non-life insurer in 2011, according to Spanish insurer Mapfre's non-life rankings published today.
Mapfre faces more rating downgrades
Mapfre Global Risks and Mapfre Asistencia have been downgraded as a result of the weakening creditworthiness of the Spanish government, according to Moody's.
Mapfre signs deal with Ford Italy for insurance on second-hand vehicles
Mapfre Asistencia has signed an agreement with the Ford vehicle brand in Italy to offer road cover and assistance schemes to customers buying used vehicles.
Mapfre to provide assistance services for Dominicana Compañía de Seguros
Mapfre Asistencia's Dominican Republic-based subsidiary will offer an assistance scheme for motor insurance cover to customers of general insurance firm Dominicana Compañía de Seguros.
Mapfre to supply motorcyle cover for Peugeot in Italy
Mapfre Asistencia's Italian arm has entered into an agreement with Peugeot Citröen Group to provide roadside assistance and customer services to Peugeot Scooters, the group's specialist motorcycle unit.
Mapfre Re downgraded amid fears over future of Spanish economy
Mapfre Group’s reinsurance arm’s issuer credit rating has been downgraded by AM Best Europe following an assessment of the consolidated group’s financial strength and ongoing risks in the Eurozone.
Market moves: A busy week for recruitment
Insurers were the most active recruiters in the industry this week, with Canopius, Mapfre, Zurich and Ace all welcoming new arrivals to their teams. It was also a busy seven days in the broking sector, after BGL, Giles, Miller and Aon made significant…
Mapfre appoints Midlands boss
Adrian Cairns has been appointed regional manager for the Midlands at Mapfre Abraxas.
Euler Hermes and Mapfre enter credit joint venture
Allianz-owned credit insurer Euler Hermes and Spanish insurer Mapfre have agreed a 50/50 joint venture to develop their credit insurance business in Spain and four Latin American countries.
Euler Hermes ties up with Mapfre for Spain and Latin America push
Spanish insurer Mapfre and Allianz-owned credit insurer Euler Hermes have signed a 50/50 joint venture to develop their credit insurance business in Spain and four Latin American countries.
Top 10 news stories
The top 10 most popular articles published on insuranceinsight.com over the past seven days.
Mapfre reports rise of 11.5% in Q1 revenues
Mapfre reported revenues of €6,835m in the first quarter of 2011, citing "sustained growth of the international business" for the 11.5% rise.
Mapfre continues to grow outside Spain
Spanish insurer Mapfre has reported Q1 revenues of €6,835m, up 11.5%, thanks to sustained growth of its international business.
Mapfre insures Iberia and LAN's aviation programmes
Mapfre Global Risks has agreed a three-year deal to insure the aviation risks in the insurance programmes of Iberia, Vueling, Air Nostruma and the newly created Iberia Express.
Catalana Occidente bids for Groupama Spain
Insurer Grupo Catalana Occidente SA has made a non-binding bid for the Spanish arm of French insurer Groupama SA.