Mapfre
Mapfre's Maltese assistance unit begins operations
Middlesea Assist, the new subsidiary of Mapre Assistencia, has started to operate in Malta.
Market moves: Canopius and CGSC dominate appointments
This week the recruitment space belonged to Canopius and Cooper Gay Swett & Crawford. Canopius restructured its entire executive committee, alongside appointing an underwriter, while CGSC recruited a new chief commercial officer, head of operations and…
Mapfre Abraxas claims gap insurance shift
Car manufacturers and dealerships have responded positively to the good practice guidelines on gap insurance laid down by the Association of British Insurers just over 12 months ago, according to Mapfre Abraxas.
Alvert appointed CEO for Mapfre Assistance
Pablo Alvert has been appointed CEO and regional director for Mapfre Assistance, the UK arm of Mapfre Asistencia.
Mapfre names Pablo Alvert as UK boss
Mapfre’s UK arm Mapfre Assistance has named Pablo Alvert as CEO and regional director.
Market moves: Insurers lead Easter recruitment charge
As the industry heads into the Easter break, insurers are, once again, leading the way in the recruitment space.
Mapfre begins assistance operations in Malta
Spanish insurer launches Maltese subsidiary of Mapfre Assistencia.
Insurance Insight – top 10 stories
The 10 most read stories from www.insuranceinsight.eu over the past seven days.
China loses out as Mapfre targets more 'liberal' Asian countries
China's hostile environment for foreign investors has led Spanish insurer Mapfre to seek acquisition targets elsewhere in Asia in order to expand within the region.
Mapfre expects 6% revenue increase in 2012, as 2011 rises 3.2%
In 2011, Mapfre achieved a net result of €963m, a 3.2% rise on the 2010 full year results.
Mapfre's new chairman predicts growth
Antonio Huertas has said the Spanish insurer expects to achieve revenues of more than €25,000m in 2012, equivalent to a 6% increase, in a year that will be "hard" and "demanding".
Insurance Insight – top 10 stories
The top 10 stories from www.insuranceinsight.eu over the past seven days.
Market moves: Insurers dominate again
Zurich made two high-profile appointments this week, as the recruitment space was once again dominated by insurers.
Mapfre and CEA join forces to target French travel market
Mapfre Asistencia has signed a strategic agreement with French firm Compagnie Européenne d'Assurances for joint operations in the French travel insurance sector.
Mapfre Warranty to target car industry
Mapfre Warranty has appointed Richard Hage as head of sales to help spearhead its growth in the motor and insurance industries.
Mapfre extends relationship with Dah Sing in China to road assistance
Road Assistance China has teamed up with Chinese insurance firm Dah Sing to offer its clients two new services.
Moody’s takes action against insurance groups exposed to Italy and Spain
Moody's has taken action on several European insurance groups and related entities to reflect the increased financial risks stemming from their operating and investment exposure to weakened European sovereigns and banks, and the ratings agency's…
Mapfre: performance warrants better credit rating
Mapfre's general manager criticised ratings agencies for failing to take the company's financial figures into account when downgrading them, at the Spanish insurer's press briefing this morning.
Mapfre reports 15.5% premium growth for 2011
Spanish insurer Mapfre reported a 15.5% growth in premiums to €19,600.2m in its full year 2011 results released today.
Swiss Re and Mapfre take a bigger slice of Admiral
Admiral has extended its existing UK car insurance reinsurance partnerships with Hannover Re, Mapfre Re, New Re and Swiss Re into 2014.
Mapfre IDR downgraded following sovereign
Fitch Ratings has downgraded the issuer default rating for Spanish insurer Mapfre SA and its core subsidiaries from ‘A-‘ to ‘A’.
Market moves: The busy world of broking
As January draws to a close, the past week has been a busy time in the world of insurance broking. Aon Benfield, Willis and Marsh all welcomed new chief executives, while Towergate, UIB and Prime Professions also made moves for new staff. However, it was…
Mapfre appoints three chairmen across the business
Rafael Casas, Javier Fernández-Cid and Pedro de Macedo have been appointed chairmen by the boards of directors of Mapfre America, Mapfre Internation and Mapfre Re respectively.
Mapfre, Generali and CCR downgraded following sovereigns
A raft of European insurers including Italy-based Generali and Spanish insurer Mapfre were downgraded by Standard and Poor’s yesterday.