Mapfre
Mapfre net income rises 4.3% in first nine months
Spanish insurer Mapre posted net income of €683.9m for the first nine months of 2013, a 4.3% increase on the previous year’s total.
Market Moves: Zurich departures and Tripp’s return top what has been a busy week for the market
It was a busy week for insurers seeking to bolster their numbers, with HSB, Avanti and Sterling among the firms to bring in new faces. Zurich, however, may have made the most significant announcement in the form of the departures of two of its broker…
Former Mapfre travel claims boss Smith heads for Avanti
Avanti Insurance has appointed Mapfre’s former head of travel claims Julie Smith to the role of business development director.
Mapfre Assistance launches rental car cover
Mapfre Assistance has launched a group of products targeted at car rental companies and their customers.
Mapfre boosted by international growth as H1 profits climb 5%
Spanish insurance group Mapfre has seen growth in Latin American and other international territories bolster its pre-tax profits climb in spite of a contraction in its home market.
Mapfre grows pre-tax H1 profits 5%
Spanish insurance group Mapfre has seen its pre-tax profits climb in spite of a contraction in its home market.
Octo Telematics moves frontline operation from Rome to London
Italy-based telematics systems provider Octo Telematics has relocated its frontline operation from Rome to London in a bid to take advantage of opportunities in the burgeoning UK telematics market and to build stronger ties with both the insurance and…
Mapfre subsidiary to insure Maltese trade union
Mapfre subsidiary, Middlesea Assist, is to provide home assistance services to the members of the Union Haddiema Maghqudin, a major worker's organisation in Malta.
Mapfre expects revenues to top €26bn in 2013
Spanish insurer Mapfre plans to pay a record dividend of €0.11 per share after posting revenues of €25,301.2m for the 2012 financial year.
CNC conducted ‘incomplete economic analysis’ of cartel insurers
Improper economic analysis by Spain’s competition commission led it to wrongly find eight insurers guilty of price fixing, according to legal experts.
Spanish demand "very weak" across all lines
A decline in insurance demand is being seen across nearly all business lines in Spain, according to Mapfre’s vice chairman Esteban Tejera.
Mapfre reports 2012 revenues up 7.5%
Spanish insurer and reinsurer Mapfre has reported an increase of revenues for the year ended 31 December 2012, attributing the growth to its Brazilian and USA businesses.
Mapfre reports 2012 revenues up 7.5%
Spanish insurer and reinsurer Mapfre has reported an increase of revenues for the year ended 31 December 2012, attributing the growth to its Brazilian and USA businesses.
Three Mapfre offices become branches
Mapfre Global Risks' representative offices in Germany, France and the United Kingdom are to become fully fledged branches.
Mapfre to offer en route breakdown assistance in Turkey
Mapfre's Turkish subsidiary has set up what it claims to be the country’s first roadside Assistance fleet, specializing in repairing breakdowns that occur whilst en route.
Middlesea launches assistance app in Malta
Middlesea Assist has launched a smart-phone application that will provide automated response for its roadside assistance service in Malta.
Spain's Mapfre has 7.1% share of Latin America market
Mapfre continues to have the second largest market share in the Latin America insurance market, behind Bradesco Seguros, according to a survey published by the Insurance Sciences Institute of Fundación Mapfre.
Economy is biggest underwriting concern for Europe's credit insurers
The main underwriting issue for credit insurers in the European markets is the worsening of the economic situation in the Eurozone, according to Mapfre director of credit insurance Felipe Buhigas.
Top five European news stories
The top five European news stories from www.insuranceinsight.com over the past seven days.
Mapfre reports 44.8% growth in Brazil in Q3 2012 results
Mapfre has reported revenues of €19.4bn for the first nine months of 2012, a 10.5% rise compared with the same period last year.
Mapfre off S&P 'Credit Watch' but Spanish economy continues to cause fears
Standard & Poor's cited uncertainty over the future of the Spanish economy as the reason behind its decision to affirm a ‘BBB+’ long-term rating on the core operating entities of Mapfre.
Mapfre Assistance opens in Ireland creating 70 positions
Mapfre Assistance has opened a new assistance centre in Galway.
Mapfre eyes Middle East expansion with Turkish acquisition
Mapfre Genel Sigorta, the Spanish insurer's Turkish subsidiary, has acquired 51% of Genel Servis, a motor services firm.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.