Spain
Travel insurers' costs rise as Spain ignores European agreement
Travel insurers are picking up the bill for treatments their policyholders are entitled to under European conventions, after Spanish hospitals are refusing to accept their European Health Insurance Cards.
ABI blames Spanish hospitals for unnecessary travel insurance payouts
British holidaymakers in possession of a European Health Insurance Card are being urged not to accept refusal of state medical treatment in Spain.
Internationalisation: Taking Flight
The economic downturn has led many European companies to look to emerging markets for growth. Can insurers capitalise on the trend? Anna Pitton explains.
Aegon to complete Santander deal in Q2
Aegon’s acquisition of Santander’s Spanish insurance business is expected to close in the second quarter of 2013, a spokesman confirmed to Insurance Insight.
The changing face of political risk cover
Traditionally political risk has been seen as an insurance product designed to protect businesses operating in the emerging markets and politically volatile areas of Asia, Africa and Latin America.
VFTT: Anticipating client growth aspirations
Europe's slow recovery is encouraging firms to seek growth in unfamiliar markets, but few consider whether their insurer is equipped to support them in their expansion, QBE's Barbara Chandler says.
Mapfre's Q1 revenue boosted by international business
Spain’s Mapfre increased its first quarter revenues by 1.6% to reach €6,942m, driven mainly by the international business.
XL moves Spanish office
XL Group is moving its insurance team in Catalonia to a larger office on Barcelona’s Paseo de Gracia avenue to accommodate its growing operation in the region.
Generali opens Global Corporate and Commercial unit
Operations have begun at Generali’s Global Corporate & Commercial business unit, a platform established to integrate insurance services for medium and large multinationals.
Insurance Insight Q+A: Frank Pinder, Global Options
Global Options president Frank Pinder speaks to Francesca Nyman about fraud, special investigative units and the US company’s European ambitions.
DAC Beachcroft defectors lead Clyde's Spanish expansion
Four partners from DAC Beachcroft's Madrid team, Ignacio Figuerol, Ricardo Garrido, Pablo Guillen and Miguel Relano, have resigned to establish an office for Clyde & Co in Madrid.
Floods devastate Argentina's capital
Flash flooding in Argentina has claimed more than 50 lives and halted production at the country’s largest oil refinery.
IMDII: Full disclosure
The second Insurance Mediation Directive could fundamentally change the way European brokers conduct their business. But will it be kicked into the long grass? Edmund Tirbutt investigates.
Mutual growth outpaces traditional insurers since the crisis
European mutual insurers have managed to wrestle 10% of the general insurance market from their traditional counterparts since 2007, a new study has shown.
Gender Directive: Continental drift
The ban on gender as an insurance rating factor has made waves in the UK market but how has it impacted mainland Europe? Francesca Nyman investigates.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
D&O: Responding to regulation
A change in the criminal code in Spain has thrown up a host of challenges for the nation's D&O providers, Anne-Louise Fogtmann writes.
Mapfre expects revenues to top €26bn in 2013
Spanish insurer Mapfre plans to pay a record dividend of €0.11 per share after posting revenues of €25,301.2m for the 2012 financial year.
MDS appoints Mora as director of African subsidiary
MDS Group, the Iberian, Latin American and African insurance broker, has appointed Tiago Mora as a director of its fully owned subsidiary MDS Africa.
Spanish construction: Unfinished business
The Spanish construction industry is in the doldrums with many building projects incomplete. How is this impacting the insurance industry? Edmund Tirbutt explains.
Europe View from the Top: Testing times for European real estate
It goes without saying that the financial crisis has had an adverse and enduring effect on the global economy.
Kidnap and Ransom: A growing threat?
Kidnap and ransom risk is not traditionally a threat associated with Europe but recent incidents have bought the issue to the fore. Sam Barrett investigates the problem and the response of the insurance industry.
Top five European news stories
The top five European news stories from www.insuranceinsight.com over the past seven days.
CNC conducted ‘incomplete economic analysis’ of cartel insurers
Improper economic analysis by Spain’s competition commission led it to wrongly find eight insurers guilty of price fixing, according to legal experts.