Spain/Portugal
-
February 22, 2022
Felicity Ace fire exacerbates auto supply chain crisis
The fire on the Felicity Ace containership that is drifting off the coast of the Portuguese Azore Islands and carrying…
-
February 10, 2022
Mapfre Global Risks delivers 124% rise in profits as CR falls to 83.1%
Mapfre Global Risks saw profits rise 124% to €33.9m last year and its combined ratio improve significantly to 83.1% from…
-
February 9, 2022
Vodafone Portugal confirms service disruption linked to cyberattack
Vodafone Portugal has disclosed that a cyberattack caused disruption to its mobile-phone users earlier this week. Customers reported problems using…
-
February 7, 2022
McLarens open Madrid office to serve clients operating in Latin America
Loss adjuster McLarens has opened an office in Madrid to serve Spanish and global clients with interests in Latin America.…
-
January 28, 2022
Liberty Global Transaction Solutions adds local presence in Milan, Madrid and Paris
Liberty Global Transaction Solutions (Liberty GTS), the specialty mergers and acquisitions insurance unit of Liberty Specialty Markets (LSM), has added…
-
January 14, 2022
Spanish court rules in favour of doctors in Covid-19 PPE lawsuit
A Spanish court has ruled that a regional government in the country should compensate doctors forced to work during the…
-
January 10, 2022
BMS Iberia boosts affinity business with new director from WTW
Insurance broker BMS has appointed Jorge Melero from Willis Towers Watson (WTW) as director of affinity and wholesale partnerships for…
-
January 7, 2022
Portuguese media giant Impresa confirms cyberattack but says no ransom involved
Portuguese media giant Grupo Impresa has confirmed it was hit by a cyberattack over the new year holiday but said…
-
December 24, 2021
Ardonagh buys MDS Group
Rapidly expanding broker Ardonagh Group is pushing into Europe with the acquisition of Portuguese firm MDS Group for an undisclosed…
-
December 23, 2021
Big rise in climate litigation against business and governments next year, says Clyde & Co
Clyde & Co predicts a “sharp increase” in strategic climate change litigation against European businesses and governments next year to…
-
December 17, 2021
Allianz Global Benefits adds Spanish healthcare specialist to network
Sanitas, a leading healthcare specialist in Spain, has joined the Allianz Global Benefits Network. Sanitas and Allianz Global Benefits have…
-
December 16, 2021
Rising M&A claims activity in Europe set to drive further hardening in 2022, warns Howden
Increased deal activity and takeup of M&A insurance has led to a record rise in claims notifications across Europe this…
-
December 1, 2021
Spanish market’s profits set to continue in 2022, says Fitch
Spain’s insurance sector is expected to remain profitable in 2022, driven by non-life earnings, according to Fitch Ratings as it…
-
November 26, 2021
European business leaders fear rising D&O risk from Covid and mounting liability
A quarter of senior leaders in Germany, France, the UK, Spain, Italy and Sweden fear that actions taken during the…
-
November 26, 2021
Scor’s analysis of European captive sector provides benchmark for owners
The European captive sector is growing in terms of gross written premium (GWP), with the largest captives writing in excess…
-
November 24, 2021
A world of trouble for political violence insurers
The political violence insurance market, which covers businesses against damage caused by strikes, riots and civil commotion, is bracing itself…
-
November 18, 2021
EU emission rules increase motor recall risk: Sedgwick
New European rules on automotive emissions are already impacting vehicle recall numbers and will increase the number of incidents during…
-
November 15, 2021
Cyberattack halts production at Spanish brewery Damm
Spanish beer firm Damm was brought down by a cyberattack last week that halted production across all of its breweries.…
-
November 12, 2021
Ryan Specialty reports pricing in US E&S market remains ‘firm’
Ryan Specialty Group (RSG) Holdings Inc has reported a 49% increase in third-quarter revenue to $352.8m, driven by strong organic…
-
November 11, 2021
D&O pricing increases range from 30%-100% globally, GILC research finds
D&O liability pricing has risen in almost every country during 2021, with increases between 30% and 100% reported in countries…