Spain
Spain's criminal code reforms could impact D&O, broker warns
Reform of Spanish regulations governing the criminal liability of companies could impact the directors and officer’s insurance market, according to Guy Carpenter.
Challenges and opportunities abound in 2013
Against the backdrop of a challenging economic climate and continued uncertainty over both the timescales for implementation of European regulation and varied national approaches to the adoption of it, European insurers face a number of critical…
Like the drugs trade, Cybercrime is not just a US issue
Last year, according to the Norton Cybercrime Report, global cybercrime cost an estimated $388bn. That's $100bn more than the cost of the global black market for marijuana, cocaine and heroin combined. And just like the world's drugs trade, cybercrime is…
EMEA commercial market to remain stable in 2013
The insurance market across Europe, the Middle East and Africa is expected to remain broadly stable in 2013, according to Marsh's Insurance Market Report 2013.
Marsh forecasts 10% rate increases across Europe
European financial institutions can expect challenging conditions in 2013 amid ongoing concerns about the Eurozone and increased regulatory action, according to broker Marsh.
The indirect tax problem
Tax compliance can be a challenging issue for insurers and as Anne-Louise Fogtmann discovers unprecedented levels of indirect tax changes across Europe in 2013 are likely to keep insurers on their toes.
Corporates still at risk from Eurozone economic woes
The Eurozone's economic situation may be improving, but the environment for corporates remains very difficult, according to Coface chief economist Yves Zlotowski.
Consumers see insurance as essential not discretionary spend
When it comes to reducing expenses, European consumers are cutting back on discretionary areas such as dining out, holidays and clothing, but still see insurance as essential.
View from the Top: Premature death notice for networks
Contrary to popular belief, broker networks are thriving domestically and internationally, says Brendan McManus.
Aviva ends legal battle over Spanish JV Aseval
Aviva has reached a settlement with Bankia regarding their Spanish joint venture, Aseval. The agreement marks the end of legal proceedings between the two firms.
Analysts approve of Aviva's JV Aseval sale
Analysts have praised Aviva for continuing to execute its disposal programme by selling its entire stake in Spanish JV Aseval to Bankia.
Aviva settles with Bankia for €608m
Aviva has reached a settlement with Bankia regarding their Spanish joint venture, Aseval. The agreement marks the end of legal proceedings between the two firms.
Over 50% of European firms unprepared for cyber threats
Despite 98% of continental European firms experiencing a cyber incident in the past five years, research has found that a significant proportion are unprepared to deal with this threat in the future.
Top five European news stories
The top five European news stories from wwww.insuranceinsight.com over the past seven days.
Willis splits European operations
Global broker Willis is dividing its European operation into two distinct regions: Western and Central & Eastern Europe.
Ace study highlights business travel risk
The increasingly globalised business environment is driving concern about business travel risk among European companies, according to research published by Ace Group.
Vintage car insurance in Europe
Despite being a niche sector, with owners treating their vehicles like part of the family Anna Pitton explains why vintage motor insurance could be a missed opportunity for insurers.
Spanish provinces introduce direct premium tax collection
Four Spanish provinces have exercised their autonomous right to collect taxes direct from insurers.
Indirect tax changes to hit European insurers in 2013
Insurers should brace themselves for an unprecedented level of indirect tax changes in Europe in 2013, intensifying the challenge of maintaining tax compliance.
CEGA supports UK stance on EHIC resistance in Spain
Claims management and assistance provider CEGA has spoken out in favour of UK insurers which are being asked to pay for British tourists' medical treatment in Spain.
EU consults on the harmonisation of limitation periods
As the European Commission seeks to consult on the impact of Rome II, Kelvin Farmaner and Paul Lavelle explain the options for further harmonisation of limitation periods.
Aviva reveals 97% COR in steady results
Aviva's general insurance business delivered a combined operating ratio of 97% in the first nine months of 2012, in line with the previous year, excluding RAC.
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.
Solvency II: To 2015 and beyond
Solvency II implementation is almost upon us but, as Martin Bradley and Jan Leiding explain, European insurers' preparedness varies significantly between countries and companies.