Spain
Spanish and French SMEs rank lowest in their understanding of insurance
Spanish and French SME’s rank the lowest when it comes understanding their insurance options, according to a recent study by Hiscox.
CED expands its network in Wallonia with the takeover of Bureau Farcy et Cie
Loss adjuster in the Benelux and Spainish regions, CED has expanded its presence in Belgium with the takeover of Bureau Farcy et Cie sprl.
Natcats and the insurance sector
The European Union is currently consulting on natural catastrophes. Vic Wyman reports on the part the insurance industry has to play.
Reaction to proposed ELD extension
The CEA claims the proposed extension to the Environmental Liability Directive will be damaging for European insurers. Francesca Nyman asks the market for its initial reaction to the proposal.
Groupama CEO Azéma sacked after Fitch and S&P action
A senior rating analyst has played down fears a raft of major European insurers could be on the end of downgrades in the wake of the European Union debt crisis.
Munich Re receives A+ (superior) rating
Munich Re has had its financial strength rating affirmed of A+ (Superior) and issuer credit ratings of “aa-” along with its subsidiaries.
Axa reports revenue up across Europe for Q3
Axa has reported increases its third quarter property & casualty revenues for all regions in Europe.
Mapfre sees 13.9% increase in GWP up to Q3 in 2011
Spanish reinsurer Mapfre’s gross written premiums for the first three quarters of 2011 were $14.7bn, a 13.9% increase year on year.
Shareholders show support for Jardine Matheson's JLT buy-in bid
Jardine Matheson’s bid to increase its stake in broker JLT by buying 10% of the company got more than 85% support from the other shareholders.
Insurance Insight weekly update live - 21 October
Insurance Insight’s weekly update is live with an article on how brokers need to be up to date on the cyber risks their customers are facing; and a feature of how Lloyd’s of London has spread its each across Europe.
Cyber risks in the modern business
Technology is evolving every day and as Iain Ainslie explains if brokers want to offer their customer the best cover possibly they need to be aware of all risks and the specialist policies available to help them.
Lloyd’s in Europe
Lloyd’s of London is no longer only accessed through London and has spread its reach across the globe in recent times. Francesca Nyman asks how established it is in Europe and what challenges it faces here.
S&P lowers ratings for Mapfre and core subsidiaries
Spanish insurer Mapfre has had its insurer financial strength and long-term counterparty credit rating downgraded to 'AA-' from 'AA' by Standard and Poor’s following its sovereign downgrade of Spain last week.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on how European insurers will be affected by US Asbestos, Pollution and Health Liabilities when Solvency II is implemented; and a guest blog on brokers putting business out to auction.
Risk managers skills poll result
Have risk managers had a adapt their skills-set?
BGL gears up European expansion plans
Compare The Market owner BGL has turned down acquisition opportunities in Europe, but continues to look to grow its presence on the Continent, with discussions in Italy and Spain ongoing.
European insurance market facing critical moment
The European non-life insurance sector is approaching critical moments, with economic, regulatory and market forces set to severely test the industry as a whole, according to a report from AM Best.
JLT acquires majority interest in Chilean Orbital Corredores de Seguros
JLT Group has confirmed it has completed the acquisition of an initial 50.1% interest in the share capital of Alta SA with an option to acquire a further 25% in 2020.
Insurance Insight October is now live
Insurance Insight October is now live with an article on ratings across Europe; a look at how a huge cloudburst in July has affect the Danish insurance market; and an interview with Alberto Corinit, formerly of the CEA and CEIOPS.
Axis appoints international business manager from Willis
Axis Global Accident & Health, a division of Axis Capital Holdings has appointed Jamie Cañellas as senior vice president and business development manager for its International operations.
Ferma 2011: Risk consultancy Herco aims to open in Spain by Q2 2012
MDS owned risk consultancy Herco is expanding into Spain in 2012.
European contract law poll result
Does the European insurance market need an optional contract law?
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on International geocoding; and a View from the Top on the importance of collaboration and partnership for the modern broker.
Portuguese Tranquilidade's maintains 'BBB-' rating
Portuguese insurer, Companhia de Seguros Tranquilidade SA's maintains 'BBB-' insurer financial strength rating on rating watch negative.