Spain/Portugal
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A question of Perception-Spain
Spanish companies face a riskier environment today than in the past and a far greater awareness and perception of risk…
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Spanish farmers lose millions from E. coli accusations
Spanish farm producers are suffering large losses following health authorities in Germany wrongly blaming Spanish cucumbers for being the cause…
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Portuguese non-life premium stagnant
Premium collected by the insurance sector in Portugal fell sharply in the first quarter of the year, according to data…
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MAPFRE and Mitsui Sumitomo extend global agreement
Spanish insurance group MAPFRE and Mitsui Sumitomo Insurance (MIS), the Japanese non-life insurance group, have extended their existing partnership agreement…
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MAPFRE Q1 results boosted by Latin America performance
MAPFRE's move to grow its presence in the Latin American markets appears to be paying off, as first quarter results…
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UK’s FSA criticised for ‘two-tier’ approach to Solvency II
The FSA’s announcement that it will focus its internal resources on aiding the largest UK insurers, or high risk and…
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Planned new Spanish insurance contract law good news for buyers
The likely adoption of a new Spanish insurance contract law is good news for insurance buyers, according to risk managers…
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Founding a new tradition-Portugal
Portuguese companies are looking abroad to achieve growth in the face of a sluggish domestic economy. Their presence in fast-growing…
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Spanish transportation risk on the rise as cover becomes hard to find
A mix of the economic crisis, regulatory changes, international political instability and natural catastrophes has highlighted the increasing risk exposure…
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Brazilian risk consultancy launches Portuguese operations
A Brazilian-based risk consultancy has opened operations in Portugal in an attempt to carve out an opening in the European…
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Spanish penal code leaves risk managers bare
Spanish companies can now be condemned for crimes committed by their employees, after the introduction of the country's new penal…
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Spanish premiums hit by downturn
Insurance premiums were down in Spain last year, as the industry suffered from a tough economic downturn. According to the…
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Iberian primary market still softening and reinsurance capacity abundant
Despite a tough period for both the Spanish and Portuguese economies and plenty of losses in the Latin American market…
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ETA’s ‘permanent’ ceasefire offer does not convince Spanish firms
The latest offer of a ‘permanent ceasefire’ from ETA, the Basque separatist group, has been greeted with scepticism by Spanish…
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Proposed Spanish law may restrict D&O coverages
Spanish companies might have their option to buy civil liability protection for managers restricted as the new Insurance Contract Act,…
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The time is now-Spain
There is a sharp focus on risk management in both the Spanish and Portuguese economies as they struggle to pull…
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Spanish risk managers told soft market is coming to an end
Spanish risk managers have been warned that the soft insurance market is coming to an end, although it is unlikely…
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IGREA welcomes Solvency II but warns against overburden on insurers
Large Spanish insurance buyers have expressed their support of the Solvency II directive, but have also warned legislators to avoid…
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Commission tells Spain to comply with Court ruling on industrial accidents
The European Commission has asked Spain to comply with a ruling by the European Court of Justice (ECJ) on emergency…
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Algerian ruling sparks renewed Spanish energy security fears
A controversy over the price of gas imported from Algeria has revived fears in Spain about the security of energy…