Spain/Portugal
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Spanish court rules in favour of doctors in Covid-19 PPE lawsuit
A Spanish court has ruled that a regional government in the country should compensate doctors forced to work during the…
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BMS Iberia boosts affinity business with new director from WTW
Insurance broker BMS has appointed Jorge Melero from Willis Towers Watson (WTW) as director of affinity and wholesale partnerships for…
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Portuguese media giant Impresa confirms cyberattack but says no ransom involved
Portuguese media giant Grupo Impresa has confirmed it was hit by a cyberattack over the new year holiday but said…
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Ardonagh buys MDS Group
Rapidly expanding broker Ardonagh Group is pushing into Europe with the acquisition of Portuguese firm MDS Group for an undisclosed…
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Big rise in climate litigation against business and governments next year, says Clyde & Co
Clyde & Co predicts a “sharp increase” in strategic climate change litigation against European businesses and governments next year to…
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Allianz Global Benefits adds Spanish healthcare specialist to network
Sanitas, a leading healthcare specialist in Spain, has joined the Allianz Global Benefits Network. Sanitas and Allianz Global Benefits have…
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Rising M&A claims activity in Europe set to drive further hardening in 2022, warns Howden
Increased deal activity and takeup of M&A insurance has led to a record rise in claims notifications across Europe this…
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Spanish market’s profits set to continue in 2022, says Fitch
Spain’s insurance sector is expected to remain profitable in 2022, driven by non-life earnings, according to Fitch Ratings as it…
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European business leaders fear rising D&O risk from Covid and mounting liability
A quarter of senior leaders in Germany, France, the UK, Spain, Italy and Sweden fear that actions taken during the…
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Scor’s analysis of European captive sector provides benchmark for owners
The European captive sector is growing in terms of gross written premium (GWP), with the largest captives writing in excess…
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A world of trouble for political violence insurers
The political violence insurance market, which covers businesses against damage caused by strikes, riots and civil commotion, is bracing itself…
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EU emission rules increase motor recall risk: Sedgwick
New European rules on automotive emissions are already impacting vehicle recall numbers and will increase the number of incidents during…
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Cyberattack halts production at Spanish brewery Damm
Spanish beer firm Damm was brought down by a cyberattack last week that halted production across all of its breweries.…
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Ryan Specialty reports pricing in US E&S market remains ‘firm’
Ryan Specialty Group (RSG) Holdings Inc has reported a 49% increase in third-quarter revenue to $352.8m, driven by strong organic…
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D&O pricing increases range from 30%-100% globally, GILC research finds
D&O liability pricing has risen in almost every country during 2021, with increases between 30% and 100% reported in countries…
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Generali reports ‘resilient’ P&C market conditions
Generali has reported a solid first nine months in both its P&C and life businesses despite the hefty impact of…
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European windfarm projects risk legal challenges without insurance, warns CLS Risk Solutions
Wind energy projects in France, Germany and Spain risk substantial and costly delays without insurance in place to cover objections…
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Mapfre Global Risks sees nine-month profits rise and combined ratio fall
Mapfre Global Risks has recorded profits of €25.9m for the first nine months and seen its combined ratio improve to…
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Risk managers in battle for capacity as hard market continues
The ongoing hard insurance market is providing an opportunity for risk managers to prove their worth as they now compete…
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Insolvencies start to rise in Europe with 33% global peak next year: Atradius
Italy, the UK and Australia are predicted to record the highest levels of corporate insolvencies in the second half of…
