Spain/Portugal
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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…
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Mapfre Global Risks boosts profit by 58% despite reduced premiums
Mapfre’s large corporate and industrial unit Global Risks posted a 58% boost to its net result that hit €10.7m for…
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Europe records 300% surge in farmer protests this year
Farmer protests have spiked 300% in Europe so far this year to 4,000 incidents, compared with a total of 1,000…
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Sompo pledges lead capacity for growth in France and Spain
Sompo International is making a big effort to grow in France and Spain, with more continental European markets likely to…
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Climate campaigners take Portuguese state to appeals court
Climate action groups have launched an appeal to Portugal’s Supreme Court of Justice in the country’s first climate litigation case.…
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Spain’s data privacy agency reports 43% rise in consumer complaints
Spain’s data privacy agency reports that complaints by consumers against companies and public entities reached a new record last year,…
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Adelaïde Group ‘resolutely committed’ to further European expansion
France’s Adelaïde Group, the broking firm that owns Verlingue and now operates in five European countries, has announced 18% turnover…
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Capacity flowing into Spanish market
Insurance companies have a growing appetite for Spanish risk, with new entrants joining existing players, offering more and more capacity…