Spain/Portugal
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Mapfre Global Risks records 7% slide in Q1 net income
Mapfre Global Risks posted a near 7% fall in net income for the first quarter of 2025, contributing €10m to…
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Nexus Underwriting builds trade credit team for European growth
Managing general agent Nexus Underwriting has appointed Ana Ortega Lamaignère as broker and partner manager for Spain as it looks…
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Risk management blamed for 10% rise in Spanish workplace deaths
The number of workplace deaths increased by 10.4% last year in Spain, reports a leading workers union. Research by Comisiones…
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Aon appoints Urbieta as chief broking officer for EMEA
Aon has appointed Erlantz Urbieta as chief broking officer for EMEA to replace Terence Williams, who will assume the role…
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Thirteen EU countries miss DORA deadline
The European Commission (EC) has opened infringement actions against 13 member states, including France and Spain, for failing to transpose…
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Luis Lancha Vázquez elected new president of Agers
Luis Lancha Vázquez, chief insurance officer at engineering and technology group Sener, has been chosen as the new president of…
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Cyberattacks against Spanish companies jump 43%
Spanish companies saw a dramatic increase in digital threats last year, according to the country’s cybersecurity agency. The annual report…
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Beazley meets renewable energy demand in Iberia with new hire
Beazley has appointed Teresa Merino as renewable energy regional manager for Spain and Portugal. Merino joins the specialty insurer from…
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BMS completes deal for Spanish broker Rasher
BMS Group has completed the acquisition of Spanish insurance broker Rasher and its Latin American subsidiaries. Rasher specialises in surety,…
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Buyer-friendly conditions spread in Europe as market enters new phase
European buyers face increasingly favourable market conditions, with the cost of cyber and financial lines cover still falling and softening…
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Descartes expands cyber parametric coverage to Spain
Parametric insurance specialist Descartes has expanded its cyber parametric coverage for enterprises to Spain, following launches in France and Germany…
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Arch Insurance bolsters casualty team in Spain
Specialist insurer Arch Insurance has made two appointments to its European property and casualty team. Carmen Cobeta has been named…
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European regulators set to ease requirements for captives
European captive owners face significant regulatory hurdles, but potential changes could reduce the number of filings companies need to make,…
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Spanish companies still have work to do on DEI
Spanish companies believe that diversity, equity and inclusion (DEI) principles are becoming more important, but there is more work to…
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Helvetia’s earnings up 42% in 2024
Swiss insurer Helvetia booked 42% growth in underlying earnings to CHF 529m (€552.7m) in 2024, driven by property and casualty…
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Support grows for EU-wide nat cat pool
A European-wide reinsurance scheme to cover growing losses from natural catastrophes would reduce the significant protection gap and secure the…
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AXA XL names Dores to lead Iberia business
AXA XL has appointed Ana Dores as country manager for Iberia, succeeding Enrique Lopez Torrents who the company announced will…
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Only seven EU countries have fully transposed NIS2: reports
Just seven member states have fully transposed Europe’s cybersecurity rules under NIS2, according to reports. A spokesperson for the European…
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Aon hires COO for France and Iberia from AXA XL
Aon has announced Enrique López will join the group from AXA XL as chief operating officer for Aon in France,…
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Mapfre Global Risks reports record results for 2024
Spanish insurer Mapfre has reported record high results for its Global Risks and reinsurance operations, which combined under the Mapfre…