All the headlines from our Spain Topic Page, ordered by recency.
Oct 30 2007 // Spain’s largest insurer, Mapfre S.A., has agreed to buy the Massachusetts-based personal lines insurer The Commerce Group, Inc. for $2.21 billion in cash in a bold move to expand its presence in the U.S....
Jul 5 2007 // Standard & Poor’s Ratings Services has lowered its long-term counterparty credit rating on Spain’s insurance holding company Mapfre S.A. to “A+” from “AA-.” S&P also lowered...
Feb 15 2007 // Standard & Poor’s Ratings Services has withdrawn its “AA” long-term counterparty credit and insurer financial strength ratings on Spain’s Mapfre Mutualidad de Seguros y Reaseguros a Prima Fija...
Oct 23 2006 // The Allstate Corporation announced a leadership transition, which will occur over the next 18 months. Edward M. Liddy, currently chairman and chief executive officer, plans to step down as CEO at the end of 2006. Thomas J....
Sep 27 2006 // Chicago-based Aon Corporation announced the appointment of Barbara Spain as senior vice president and relationship manager, and Matt Reese as senior vice president and originator, for Aon Risk Services. Both will drive the...
Jun 1 2006 // Spain’s largest domestic insurance group, Sistema Mapfre, announced a major structural reorganization, which will eventually result in all of the Group’s activities being concentrated in its publicly traded...
Feb 15 2006 // In a recent report- “Insurance Industry Risk Analysis: Spain (Kingdom of)” – Standard & Poor’s predicted further growth in the Spanish economy and indicated that the “current relatively...
Sep 15 2005 // The Zurich Financial Services Group has announced the appointment of Julian Lopez, 50, as CEO of its business in Spain effective April 1, 2006. He will take over from José Cela, 61, Zurich’s Spanish CEO since...
Jun 30 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of the Spanish insurance group Mapfre Mutualidad de Seguros y Reaseguros, the ultimate parent of the Mapfre Group...
Apr 18 2005 // GAO Study Explores Examples of How Public-Private Insurance Partnerships OperateA new U.S. government report indicates that the private U.S. insurance industry would be placed under enormous strain without government...
Mar 31 2005 // A new U.S. government report indicates that the private U.S. insurance industry would be placed under enormous strain without government intervention if there were a major terrorist or catastrophic event or series of...
Mar 25 2005 // Houston-based Linsure Holdings, Inc. has announced the launch of “Linsure Directo” through its wholly owned European subsidiary Linsure Iberica S.A. Linsure is a diversified holding company with strategic...
Dec 31 2004 // AEGON, the Dutch insurance and financial services provider, announced that it has entered into an agreement to sell AEGON Seguros Generales, its general insurance subsidiary in Spain, to Italian mutual insurance company...
Nov 22 2004 // Nigel Spain has been named assistant vice president of Arrowhead General Insurance Agency of Florida Inc. This facility will be a new Florida operation of Arrowhead General Insurance Agency Inc. of San Diego, Calif., which...
Jun 22 2004 // AIG United Guaranty, whose affiliate companies provide mortgage guaranty insurance, announced plans to expand both its European and Asian operations as part of its “international growth program.” It has...
May 13 2004 // As part of its ongoing efforts to strengthen its presence in the European insurance market, Lloyd’s announced that it has appointed David Battman as a full-time representative, as part of its strategy to expand in...
May 13 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Spain’s Mapfre Mutualidad de Seguros y Reaseguros (Mapfre Mutualidad), and its “aa-” rating on...
Apr 19 2004 // March 11, 2004 now joins Sept. 11, 2001 as dates no one now living will ever forget.The sheer horror of watching the aftermath of 10 separate explosions on the Spanish rail network in Madrid brought home the brutal...
Apr 19 2004 // March 11, 2004 now joins Sept. 11, 2001 as dates no one now living will ever forget.The sheer horror of watching the aftermath of 10 separate explosions on the Spanish rail network in Madrid brought home the brutal...
Aug 12 2003 // Fort Worth-based Higginbotham & Associates announced the formation of a dedicated Transportation Division, naming insurance executive Bill Spain managing director of the unit. Spain will continue to build the property...