Spain
Foreign lorry accidents on UK motorways up 14%
Collisions on UK motorways involving foreign lorries have increased by 14% since 2012, according to statistics from credit hire firm Accident Exchange.
Catlin completes Insure the Box sale
Aioi Nissay Dowa Insurance has finalised its acquisition of Insure the Box and Drive Like a Girl from Catlin.
UK General reports 10.4% premium growth
Insurer UK General has reported an improved business performance premium for the 2014/15 year to £436m from £395m the year prior.
Cathedral leads consortia for Germanwings A320 war policy
Lancashire-owned Cathedral is leading the consortia on the Lufthansa war policy for the Germanwings Airbus A320 plane that crashed in France on 24 March.
Spanish MGA launches with Partner Re support
Spanish managing general agent Iberian Insurance Group has launched as part of a five-year commercial agreement with Partner Re Wholesale.
Cedants less likely to transfer business to reinsurers, says AM Best
Europe’s 20 largest cedants are benefitting from lower reinsurance rates and stronger bargaining power according to ratings agency AM Best.
Ace launches local cyber units throughout continental Europe
Ace Group today unveiled a new, independent cyber risk business unit designed to provide local specialist expertise across continental Europe.
Blog: Diff'rent strokes to move the world (of insurance)
As a popular 1970s/80s US sitcom noted: ‘the world don't move to the beat of just one drum; what might be right for you, may not be right for some' - a theme tune that is as relevant to insurance markets as it is in the wider world.
IWDC14: Mapfre direct business 'on the right path' following DLG deal
Mapfre global direct insurance managing director Jose Luis Bernal has credited the acquisition of Direct Line Group’s German and Italian businesses with helping put his firm’s direct proposition “on the right path”.
IWDC14: Commissions and Solvency II on Spanish regulator's agenda
Fees and commissions feature prominently on the Spanish insurance and pensions regulator’s agenda, despite a significant focus being placed on the transposition of Solvency II.
Mapfre sees year-to-date revenues inch up to €19.8bn
Spanish insurer Mapfre has recorded revenues of €19.8bn in the first nine months of 2014, a 1.6% increase on its 2013 result.
JLT March Re set up through joint venture
JLT Re has entered a reinsurance joint venture agreement with Spanish capital insurance broker March JLT.
DLG to sell international businesses to Spain's Mapfre
Direct Line Insurance Group has agreed to sell its Italian and German businesses to Spanish insurer Mapfre for €550m (£430.5m).
Insurers behind banks on mobile offerings
Insurers continue to lag behind their banking counterparts when it comes to mobile websites and apps, according to research from CP consulting.
Wreckage of crashed Air Algerie flight found
The wreckage of a crashed Air Algerie flight from Burkina Faso to Algiers was found over Mali yesterday.
Compton leaves KPMG to join Mapfre in China
KPMG's head of insurance consulting for Mainland China Tony Compton is leaving the consultancy to join Spanish insurer Mapfre's Chinese operations.
Bupa posts 8% increase in revenues boosted by acquisitions
Bupa posted an 8% increase in revenues to £9.1bn in 2013, driven by both organic performance and acquisitions.
Generali Spain appoints Villa as CEO
Generali’s Spanish unit has named former Generali Seguros director general comercial Santiago Villa as its new chief executive.
Ace names Axa’s Brionne as Iberia president
Ace has recruited Axa’s property-casualty programme director for northern, central and eastern Europe to lead its own operations in Iberia.
Car dealers took €16.3m from insurance services in 2012
Europe's car dealers sold policies worth an estimated €16.3bn in 2012 across six major insurance, warranty and assistance types plus niche insurance products available in some countries, according to research by Finaccord.
International: Europe boards the telematics train
European powerhouse Germany is the latest country to show an appetite for collecting driving data. But the global spread isn’t stopping there.
European PI market to be worth £6.27bn by 2017
The professional indemnity insurance market across 10 European countries - Austria, Belgium, France, Germany, Italy, Netherlands, Poland, Spain, Switzerland and the UK- will be worth around €7.5bn (£6.27bn)by 2017.
UK leads Europe for PI cover
The UK has the largest market for professional indemnity insurance in Europe according to research by Finaccord.
Esure looks to Spain as Dancausa joins board
Esure Group has appointed Maria Dolores Dancausa as an independent non-executive director.