Spain/Portugal
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Double jeopardy–Spain
Times have been frantic for Spanish risk managers as they help their companies deal with the double challenge of living…
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Multinationals boost demand for credit risk insurance in Spain
The recent spate of worrying news about Spain’s financial position has triggered a spectacular rise in demand for credit insurance…
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Risk of client insolvency rises in Spain as crisis drags on
Spanish risk managers are facing growing difficulties as the country goes through a severe economic downturn that is forcing them…
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Spain’s business leaders demand government help in globalisation effort
Official mechanism to boost exports from Spain are inefficient and do not help companies to expand globally, according to business…
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Spanish supervisor demands more info on insurer solvency levels
Spain's insurance supervisor is requesting detailed information from the country's insurers in order to gain a clearer idea about their…
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IGREA launches good practice guide to help avoid claims conflict in Spain
IGREA, the Spanish risk management association, has decided to try and smooth out the claims process, or at least help…
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A fine balancing act–Portugal
Portuguese companies are currently grappling with a severe economic slump at home while simultaneously trying to expand their presence in…
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Credit risk on the rise as Spanish economy struggles, says study
The deterioration of the Spanish economy is forcing companies to find flexible ways to deal with higher levels of credit…
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Spanish insurers fret over Solvency II ORSA requirements but gloss over eurozone threat
Spanish insurers are worried about a key element of new governance requirements that will be introduced by the forthcoming Solvency…
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Portuguese companies fear rising protectionism—comment
Portuguese risk managers and their firms are increasingly concerned about the rising threat of protectionism as some of their most…
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Spain’s Insurance Compensation Consortium cracks down on claims conditions
In worrying news for insurance buyers with operations in Spain, the country’s Insurance Compensation Consortium, Consorcio de Compensacion de Seguros,…
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Spanish insurers opt for head in sand strategy as debt crisis deepens-Comment
Insurance companies in Spain operate today in a stagnated economy with little hope of growth in the foreseeable future. The…
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JLT reports strong 2011 figures but falters in southern Europe
JLT Group reported a strong set of results for 2011 achieving organic revenue growth of 7.3%. However, its continental Europe…
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JLT expands reach in Spain as it combines with Unipsa
JLT has expanded its partner network in Spain by merging its existing Spanish retail broking business JLT-SIACI Espana S.L. with…
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Fitch acts on Italy and Spain—Generali unaffected but Fondiaria and Mapfre downgraded
Fitch Ratings said on Tuesday that Assicurazioni Generali and its core operating subsidiaries' ratings are not affected by the downgrade…
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South American risk landscape improving but prepare for big differences warns Gil
Latin America is a much easier place in which to do business than in the past, but European companies are…
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Don’t be fooled by common language in Brazil
Language may not be a big barrier for Spanish companies that are trying to make a splash in the fast…
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Business urged to respond to rise in litigation by employees in Spain
Spanish companies must be prepared to face more frequent litigation from their employees, risk managers were warned in Madrid during…
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Agers conference told premium prices will be kept in check at renewals
There is no hard market on the horizon for Spanish insurance buyers as the effects of sluggish economic growth in…
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S&P lowers Mapfre and core subsidiaries’ ratings
S&P has lowered the insurer financial strength and long-term counterparty credit ratings on Mapfre SA and core subsidiaries to ‘AA-‘…