Spain
The diverse and evolving nature of travel insurance distribution
Consumers’ travel habits and purchasing of travel insurance varies from country to country. Simon Tottman takes a look at which product and channels are dominating this line of insurance throughout Europe.
Groupama downgrade poll results
Find out what the market voted for on Fitch's downgrade of Groupama.
Short selling of insurance stocks banned in four EU countries
France, Spain, Italy and Belgium have imposed bans on short-selling on bank and insurance stocks to stabilize markets.
Bupa sees improved European performance in H1
Healthcare provider Bupa has reported half year revenue for Europe and North America of £1,464.4m, which contributed 37% to the group revenues of £3,929m.
Europe's senior-level professionals pack work for their holidays
Europe's senior-level managers and executives are bringing work with them on holidays according a recent survey.
EU corporate governance poll results
Find out what the market voted for on EU corporate governance.
Generali reports strong growth in Q2 but net profits down 7.7%
Generali has reported operating result of €2.4bn for the first six months of 2011 reflecting a stronger pace of growth in the second quarter, with robust progress in Italy, France and Eastern Europe.
Global storm activity increased in July
Aon Benfield's Impact Forecasting has revealed that July was characterised by an increase in global tropical cyclone activity as the calendar turns to the Atlantic Hurricane Season reaching its historical peak of activity.
Barclays Corporate bolsters insurance team with new appointment
Barclays Corporate is growing its corporate banking franchise in the insurance sector with the appointment of Jean-Pierre Darque, who will take on the role of relationship director within the insurance team, covering Western Europe.
Groupama reports rise in net income despite €84m Greece hit
Groupama SA has reported premium income of €8.4bn for the first six months of 2011, down -2.5% on a like-for-like consolidation and exchange rate basis.
Aviva reports 21% jump in European profits in first half of 2011
Aviva this morning reported that its European business reported an IFRS operating profit up 21% to £525m in the first six months of 2011 (HY10: £434m).
Axa sees P&C revenue up 3% to Euros 15.4bn in first half of 2011
Axa Group has revealed that underlying earnings are up 10% to Euro 2.2bn (£1.34bn) in the first half of 2011.
Mapfre sends Spanish travel specialist to UK
Mapfre Assistance has appointed Jair Marrugo as its managing director of UK travel.
Mapfre names UK travel MD
Mapfre Assistance has appointed Jair Marrugo as its managing director of UK travel.
Fitch: Sovereign downgrades would not automatically lead to rating actions for Italian and Spanish insurers
The majority of Italian and Spanish insurers rated by Fitch Ratings would be likely to see their ratings affirmed, even in the hypothetical scenario of a modest downgrade in the sovereign rating of their respective countries, according to the ratings…
Exclusive IP and catastrophe articles now live
Insurance Insight’s weekly update is live with articles on intellectual property and natural catastrophes.
View from the Top: Threat from wave of natural catastrophes?
The spate of natural catastrophes around the world shows no signs of abating.
Markel launches Dutch operation
Markel International is preparing to open a branch office in Rotterdam this September.
Mapfre Re financial strength rating affirmed
AM Best Europe has affirmed the FSR of A+ (superior) and issuer credit rating of “aa-” of Mapfre Re, Compania de Reaseguros, SA. The outlook for both ratings remains negative.
Aon makes senior European appointments
Aon Risk Solutions has made three senior-level appointments for Aon GRIP Solutions in Europe, the Middle East and Africa.
View from the Top: Time for a new way of working with risk
Having recently attended the Airmic conference in Bournemouth, it struck me how much the risk management profession has changed over the last decade.
Report finds insurance capacity remains buoyant in Europe
Insurers are still vying for lucrative accounts and insurance capacity remains buoyant in Europe, the Middle East and Africa, however, in some areas rates have increased, and insurers have tightened their policy terms and conditions in the second quarter…
Euler Hermes links with Mapfre
Spanish insurance giant Mapfre and Allianz-owned Euler Hermes have signed a memorandum of understanding to build a strategic alliance aimed at jointly developing their credit and bond insurance business in Spain, Portugal and Latin America.
Munich Re in solar energy deal in Spain and Italy
Munich Re and investment firm Kohlberg Kravis Roberts & Co have partnered to acquire a 49% equity stake in Grupo T-Solar, the largest European solar photovoltaic power generator.