Spain/Portugal
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Social changes and cyber threats create new risks for Portuguese firms – Portugal
Social changes and new threats linked to IT systems and supply chain disruptions are creating new exposures for Portuguese companies…
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Flow of information is key to concerns over claims services – Portugal
Insurance companies have shown an increasing tendency to dispute the payment of large losses, according to a leading Portuguese risk…
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No hard market in sight – Portugal
Risk managers taking part in the Portuguese round of Commercial Risk Europe’s Risk Frontiers survey reported a similar view to…
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Financial interest clauses little more than a ‘pipe-dream’ claims Spanish lawyer
The idea that financial interest clauses can neatly meet compliance concerns over global insurance programmes is no more than a…
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Crisis boosts risk of employee crime
Spanish employees are increasingly stealing from their companies because of the economic crisis and general unhappiness about their personal lives…
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Spanish insurers warn of paralysis due to Solvency II but remain upbeat
Leading Spanish insurers complained this week about the excessive regulation coming their way from the European Union, warning that in…
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Agers demands changes to Spain’s environmental liability law
Spain's risk management association, Agers, has proposed changes to the country's environmental liability law in order to make life easier…
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Spanish association calls for the development of insurance mediation
Spanish buyers still pay little attention to the advantages of dispute mediation when solving conflicts with insurers, experts said in…
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Mapfre profits fall but revenue and premium up
Mapfre posted an attributable result for 2012 of €665.7m, which represents a decrease of 30.9% over the previous year due…
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Spanish broker Artai targets overseas markets
Spanish broker Artai is following its client base and expanding overseas in an attempt to service corporate clients searching for…
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New risks, new transfer conundrums for Spanish buyers – Igrea
The need for Spanish companies to understand and get to grips with risks in new markets whilst at the same…
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Spanish buyers to enjoy benign renewals
Spanish companies will not face higher insurance rates for most insurance coverage in 2013, according to participants at the annual…
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S&P downgrades Mapfre to ‘BBB+’ following lowering of Spain ratings
Standard & Poor's Ratings Services this week downgraded to 'BBB+' from 'A-' the long-term counterparty credit and insurer financial strength…
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AGCS appoints CEO of new Mediterranean business
Allianz Global Corporate & Specialty (AGCS) has appointed Patrick Thiels to lead its new Mediterranean operation where he will take…
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Excess capacity and low claims driving profitability and soft market in Spain-AM Best
With excess capacity in the market and low claims, rates for Spanish non-life risks are under pressure and may well…
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Spanish buyers to face tougher conditions but not just yet says insurer
Insurance buyers in Spain are set to face tougher underwriting conditions as ongoing developments in global markets affect the country's…
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Tough time for brokers—Risk Distribution
Commercial Risk Europe spoke to Joaquin Huergo Luz, CEO of Spanish broker Artai, as part of our annual Risk Distribution…
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Portuguese insurers warn Spanish peers of hard times ahead after EU aid
Spanish insurers have been warned to brace themselves for a difficult time ahead after their country became the fourth recipient…
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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…
