Agers chooses new advisory council

Agers chooses new advisory council

Agers chooses new advisory council

Agers, one of Spain’s risk management associations, has announced the make up of its new advisory council, consisting of indviduals from the broking, underwriting and advisory sectors. The advisory council has been created to help Agers with strategic planning. Agers’ main board is now composed exclusively of risk managers. The members of the advisory council are: Alfredo Arán Igleas (Mapfre),…

First global insolvency rise for decade, led by UK: Atradius

First global insolvency rise for decade, led by UK: Atradius

First global insolvency rise for decade, led by UK: Atradius

The level of global insolvencies has risen for the first time in a decade, led by the UK where the insolvency rate is expected to increase by as much as 10% in 2019, according to trade credit insurer Atradius. Across all developed markets, business failure rate increases are expected to rise 2.8% on average this year, largely driven by slower…

Economic and cyber risks biggest concern to global and European business: WEF survey

Economic and cyber risks biggest concern to global and European business: WEF survey

Economic and cyber risks biggest concern to global and European business: WEF survey

Businesses across the world are most concerned by economic risks, but cyber has climbed the rankings once again and remains the number one threat in Europe, according to a survey by the World Economic Forum (WEF). The survey asked nearly 13,000 business leaders in more than 130 countries to choose five risks from a list of 30 that will cause…

Berkshire Hathaway Specialty opens in Spain

Berkshire Hathaway Specialty opens in Spain

Berkshire Hathaway Specialty opens in Spain

Berkshire Hathaway Specialty Insurance (BHSI) has opened a new office in Madrid as it sets up in Spain for the first time. The company will initially offer commercial buyers property, casualty, financial lines, construction and engineering insurance. The aim is to steadily expand products in the Spanish market over time. Ignacio Almazan will head up the operation as country manager.…

Claims, global programmes and hard market top agenda as San Millán returns as Igrea president

Claims, global programmes and hard market top agenda as San Millán returns as Igrea president

Claims, global programmes and hard market top agenda as San Millán returns as Igrea president

When Daniel San Millán took over as president of Spanish risk management association Igrea for a second time in May, he was probably entitled to a sense of déjà vu. The association still needs to tackle some of the same challenges that risk managers have been dealing with since its creation back in 2009. Issues such as claims handling and…

European commercial prices continue upward trend led by property: Marsh

European commercial prices continue upward trend led by property: Marsh

European commercial prices continue upward trend led by property: Marsh

Prices for continental European commercial insurance coverage increased for the third consecutive quarter, as average commercial insurance pricing rose nearly 6% globally in second-quarter 2019, according to global broker Marsh. The latest Global Insurance Market Index published by the broker reports the largest increase since the survey began in 2012, and the seventh consecutive quarter of average pricing increases in…

Global insurance M&As at highest level since 2015, says Clyde & Co

Global insurance M&As at highest level since 2015, says Clyde & Co

Global insurance M&As at highest level since 2015, says Clyde & Co

Global insurance industry mergers and acquisitions (M&A) have increased by 13% in the first half of 2019, the highest level since 2015, according to Clyde & Co’s Insurance Growth Report mid-year update. The first half of 2019 saw 222 completed deals worldwide, up from 196 in the second half of 2018, the biggest increase in the volume of transactions since…

Ryan Specialty Group opens transactional risk office in Barcelona

Ryan Specialty Group opens transactional risk office in Barcelona

Ryan Specialty Group opens transactional risk office in Barcelona

Ryan Specialty Group (RSG) is to open an office in Barcelona focusing on transactional risk insurance. RSG called it “the next step in the evolution of the company’s transactional risk business, expanding both geographically and by product offering”. The office will be led by Luc Joordens and Marta Batalla, supported by Luis Feijoo and Isabel den Hollander. RSG said these…

Seguradoras Unidas acquisition strengthens Generali’s presence in Portugal

Seguradoras Unidas acquisition strengthens Generali’s presence in Portugal

Seguradoras Unidas acquisition strengthens Generali’s presence in Portugal

Generali has become the second largest non-life group in Portugal with the acquisition of Seguradoras Unidas, in a move that aims to strengthen Generali’s leadership in Europe, said the insurance group. Generali now has a share of 18.7% in Portugal’s non-life insurance market. Generali has signed an agreement for the acquisition of 100% of the company Seguradoras Unidas and the…

Sedgwick adds to Spanish team

Sedgwick adds to Spanish team

Sedgwick adds to Spanish team

Sedgwick has boosted its team of loss adjusters in Spain with appointments to its Barcelona, Madrid, Seville and Valencia offices. Fernando Leal has been appointed to lead the development of Sedgwick in Catalonia. A textile engineer, Mr Leal has worked for more than eight years as a loss adjuster for national companies specialising in industrial and machinery claims, as well…

1 2 3 22