Spain/Portugal
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RSA Luxembourg adds product lines in Europe
RSA Luxembourg has launched two new product lines for technology and management liability in Europe. Part of Intact Insurance Specialty…
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‘Broad-brush’ from insurers leaves food producers uncovered in Spain
Spanish food producers are struggling to purchase property insurance for buildings that use so-called ‘sandwich panels’, as underwriters fail to…
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European class actions hit record high
European risk and insurance managers need to prepare for rising levels of class actions as the Representative Actions Directive (RAD)…
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Insurers still not touching key industries in France and Spain
Insurers in France and Spain continue to implement a veto on some industries by withdrawing capacity for property risks and…
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Cyberattackers move focus from UK to mainland Europe
The UK is no longer the prime target for cyberattacks within Europe, passing the unwanted honour to Spain, according to…
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Fitch cautious on European softening
Optimistic news of an overall market softening across European non-life insurance markets may be a little overstated according to Fitch…
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Mapfre posts 46% profit growth for Q2
Spanish insurer Mapfre has published its results for the second quarter of 2024, during which time its net results grew…
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New leaders for Generali in Mediterranean and Latin America
Generali Global Corporate & Commercial (GC&C) has made three strategic appointments in its leadership team in the Mediterranean and Latin…
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Cyber rates down 15% from peak as Europe poised for growth: Howden
Global cyber rates are 15% off their peak and continuing to fall, creating an opportunity for buyers to protect their…
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Spanish risk managers stepping up push for friendlier captive rules
The push to ensure captives can be created in Spain is gaining momentum, with risk managers from the country set…
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Devonshire Underwriting gets green light for European launch
UK-based MGA Devonshire Underwriting is set to expand its business into Europe after receiving approval from Lloyd’s to write business…
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Austria top and Norway bottom in Europe cybersecurity ranking
Austrian and Dutch companies are the best protected against cyberattacks in Europe, while their peers in Sweden and Norway find…
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Miller acquires Spanish broker as it seeks further European growth
Specialist UK-based broker Miller has acquired Spanish commercial insurance and reinsurance firm Bruzon Correduría de Seguros y Reaseguros and Bruzon…
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Helvetia restructures for international growth and adds risk management to board
Swiss insurer Helvetia said a new corporate structure from 1 July will reflect its growth in international markets, while elevating…
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Costs rapidly rising for employee health insurance in Portugal
Portuguese companies continue to face a challenging property insurance market but private health insurance plans, which companies are increasingly providing…
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AM Best improves outlook for Spanish market as talks underway to boost nat cat scheme
AM Best has improved its outlook for the Spanish non-life insurance market based on above-inflation premium rate increases and the…
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More European corporates buying supply chain cover: Allianz Trade
Demand for supply chain insurances from European corporates has increased, according to Allianz Trade, as global challenges continue to affect…
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Over 50% of exporters considering moving supply chains due to geopolitical risk
More than half of corporates globally are considering relocating supply chains because of geopolitical risks, according to Allianz Trade as…
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Rates stay flat in Q1 for EMEA buyers but climb in Italy, Iberia and the Netherlands
Rates across the EMEA region averaged flat in the first quarter of 2024, according to Aon, although Italy, Iberia, the…
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Spanish MGAs in talks to change rules to allow them to serve buyers across Europe
Spanish MGAs are holding negotiations with the Spanish authorities to implement legislative changes that would enable them to operate across…