All the headlines from our Spain Topic Page, ordered by recency.
Nov 20 2024 // Last month’s catastrophic floods in eastern Spain are likely to have a negative impact of 0.2 percentage points on the country’s gross domestic product in the fourth quarter, the Bank of Spain said on...
Nov 18 2024 // Total insured losses from recent floods in Spain are expected to exceed €4 billion (US$4.2 billion), according to credit rating agency Morningstar DBRS.This insured price tag includes losses absorbed by the Consorcio de...
Nov 8 2024 // The floods that devastated the Spanish region of Valencia at the end of last month are expected to trigger total insurance losses in excess of €3.5 billion ($3.8 billion), Moody’s said citing official...
Nov 8 2024 // As a deadly storm bore down on Valencia on Oct. 29, the regional president was attending a ceremony to recognize his work on sustainable tourism.Three hours earlier, Spain’s national climate agency had issued a red...
Nov 6 2024 // Spanish Prime Minister Pedro Sanchez announced the first financial package for victims of the storms that killed more than 200 people in the country’s eastern region of Valencia.Spain will earmark as much as €10.6...
Nov 5 2024 // The region of Valencia is asking Spain’s central government for rescue funds to help with rebuilding after floods last week destroyed homes and left more than 200 dead.The Valencian government agreed to ask Madrid...
Nov 4 2024 // Southern Spain’s devastating floods are expected to cost insurers well above €1 billion ($1.1 billion), given the significant damage to people, properties, vehicles and businesses as well as to the region’s...
Nov 1 2024 // Floods that killed more than 150 people in eastern Spain this week were caused by a storm that dumped a year’s worth of rainfall in less than 24 hours.The tragedy has raised questions about whether earlier warnings...
Oct 31 2024 // Spain declared three days of mourning as heavy rains killed more than 90 people, in what is already one of the country’s worst-ever natural disasters.The local government of Valencia, the coastal region at the...
Oct 30 2024 // More than 60 people died as eastern Spain was hit by one of the worst storms in decades on Tuesday night.The storm is “one of the three strongest in the last century in the region of Valencia,” the Spanish...
Jul 25 2024 // This edition of International People Moves details appointments at Marsh, Berkshire Hathaway Specialty Insurance (BHSI) and the re/insurer IQUW.A summary of these new hires follows here. Marsh Promotes McKay as UK Advisory...
Mar 18 2024 // Six months after a federal appeals court upheld a $12 million verdict against a waste-hauling company in a crash that killed four Spanish women in the Florida keys, a jury has found that the firm’s insurer did not...
Jan 12 2024 // Tiny white plastic pellets are washing ashore in Spain’s northwestern coast by the millions, with hundreds of volunteers leading the clean up as authorities struggle to coordinate and companies decline any...
Oct 12 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Allianz Commercial.A summary of these new hires follows here. BHSI Taps Allianz’s Fuertes as Head...
Aug 1 2023 // A Spanish court on Friday exempted a Swedish mining firm from paying 89 million euros ($98 million) in compensation for the cleaning of a toxic sludge spill that occurred in 1998 at a heavy metals mine in southern...
Jul 31 2023 // The focus of Europe’s heat is switching to Spain, with a high risk of wildfires in southern parts of the Iberian peninsula.Southern Spain is expected to exceed 40C (104F) on Monday, with regions around Cordoba under...
May 9 2023 // Spain and Portugal recorded their hottest April on record as a mass of hot air brought temperatures above 30C and close to 40C in some areas at the end of the month.Last month was the fourth-hottest month of April on...
Mar 23 2023 // MADRID (AP) – Spain has officially entered a period of long-term drought, owing to high temperatures and low rainfall over the past three years, and likely faces another year of heatwaves and forest fires.The...
Feb 23 2023 // A tanker that was detained by Spain and accused of discharging fuel in open waters near the northeastern port city of Tarragona did not cause any pollution and followed regulations, its Turkish manager said on...
Feb 1 2023 // Everest Insurance, the insurance division of Everest Re Group Ltd., announced its expansion into the Spanish market following regulatory approval from the relevant authorities to operate in Spain — trading as Everest...