Spain
Willis splits European operations
Global broker Willis is dividing its European operation into two distinct regions: Western and Central & Eastern Europe.
Ace study highlights business travel risk
The increasingly globalised business environment is driving concern about business travel risk among European companies, according to research published by Ace Group.
Vintage car insurance in Europe
Despite being a niche sector, with owners treating their vehicles like part of the family Anna Pitton explains why vintage motor insurance could be a missed opportunity for insurers.
Spanish provinces introduce direct premium tax collection
Four Spanish provinces have exercised their autonomous right to collect taxes direct from insurers.
Indirect tax changes to hit European insurers in 2013
Insurers should brace themselves for an unprecedented level of indirect tax changes in Europe in 2013, intensifying the challenge of maintaining tax compliance.
CEGA supports UK stance on EHIC resistance in Spain
Claims management and assistance provider CEGA has spoken out in favour of UK insurers which are being asked to pay for British tourists' medical treatment in Spain.
EU consults on the harmonisation of limitation periods
As the European Commission seeks to consult on the impact of Rome II, Kelvin Farmaner and Paul Lavelle explain the options for further harmonisation of limitation periods.
Aviva reveals 97% COR in steady results
Aviva's general insurance business delivered a combined operating ratio of 97% in the first nine months of 2012, in line with the previous year, excluding RAC.
Spain's Mapfre has 7.1% share of Latin America market
Mapfre continues to have the second largest market share in the Latin America insurance market, behind Bradesco Seguros, according to a survey published by the Insurance Sciences Institute of Fundación Mapfre.
Solvency II: To 2015 and beyond
Solvency II implementation is almost upon us but, as Martin Bradley and Jan Leiding explain, European insurers' preparedness varies significantly between countries and companies.
More pragmatic solution for Solvency II needed, says L&G chief
The head of UK insurer Legal & General has lambasted proposed Solvency II measures, saying they are unlikely to work in their current form and may need to be redrawn, Reuters reported.
AM Best removes Aviva subsidiaries from under review
AM Best has reaffirmed the 'A' financial strength rating and 'A+' issuer credit rating of the insurance subsidiaries of British insurer Aviva.
Top five European news stories
The top five European news stories from www.insuranceinsight.com over the past seven days.
Mapfre reports 44.8% growth in Brazil in Q3 2012 results
Mapfre has reported revenues of €19.4bn for the first nine months of 2012, a 10.5% rise compared with the same period last year.
Ferma working party sets out timetable for European risk management certificate
The Federation of European Risk Management Associations intends to announce a definite plan for the European certification of risk managers at the Ferma Risk Management Forum in September 2013.
Mapfre off S&P 'Credit Watch' but Spanish economy continues to cause fears
Standard & Poor's cited uncertainty over the future of the Spanish economy as the reason behind its decision to affirm a ‘BBB+’ long-term rating on the core operating entities of Mapfre.
European financial services firms struggling to create paperless offices
A new study ahead of World Paper Free Day on 25 October suggests that the paperless office remains beyond the reach of many European firms.
Willis Q3 results hit by disposal of Indian operation and JV settlement
Willis has revealed that its third-quarter net income was hit by an $11m charge related to a settlement with a former joint venture partner in India and the related $1m loss on disposal of the India operations.
Mapfre Assistance opens in Ireland creating 70 positions
Mapfre Assistance has opened a new assistance centre in Galway.
BrokersLink urges insurers to commit to junior staff development
The nurturing of young talent is being overlooked by insurers, potentially costing them a competitive advantage, according to speakers at BrokersLink's Madrid conference.
Mapfre eyes Middle East expansion with Turkish acquisition
Mapfre Genel Sigorta, the Spanish insurer's Turkish subsidiary, has acquired 51% of Genel Servis, a motor services firm.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
HDI Gerling CEO to head AGCS' Mediterranean unit
Patrick Thiels, chief executive of HDI Gerling in Belgium and Luxembourg, will join Allianz Global Corporate & Specialty from 1 April to lead the insurer's new Mediterranean division.
ING makes board appointments for Insurance/IM EurAsia
ING has added Delfin Rueda and Dorothee van Vredenburch to the management board of Insurance EurAsia.