Latest Spain Headlines
All the headlines from our Spain Topic Page, ordered by recency.
Companies Count the Costs After Blackout in Spain and Portugal
Apr 30 2025 // As factories, stores and hotels across Spain and Portugal gradually returned to normal on Tuesday after a huge blackout the day before, business associations and companies began counting the cost. Spain’s main...
Spain and Portugal Hit With Worst European Blackout in Years
Apr 28 2025 // Most of Spain and all of Portugal were hit by a major blackout that impacted public transport, airports and phone service, leaving authorities scrambling to find the causes for one of the worst outages in Europe in...
Spain Opens Antitrust Probe Into Generali, Sanitas Agreement
Mar 26 2025 // Spain’s antitrust watchdog said on Tuesday it had opened an investigation into Italian insurer Generali and local health insurance provider Sanitas over potential anti-competitive practices. The CNMC watchdog said...
Spain’s Storms Refill Reservoirs, Easing Nation’s Worst Drought
Mar 25 2025 // Jana, Konrad, Laurence and Martinho — the unprecedented string of four named storms that barreled through the Iberian peninsula in the past three weeks — came with a silver lining: the likely end of Spain’s worst...
Spain Braces for More Downpours After Floods Kill Three People
Mar 20 2025 // Spain is bracing for another round of torrential rains after flooding forced home evacuations, washed away cars and killed at least three people this week in the southern region of Andalusia. Authorities in Spain and...
People Moves: Arch Insurance Names 2 Senior Leaders for Casualty Team in Spain
Mar 12 2025 // Arch Insurance Names 2 Senior Leaders for Casualty Team in Spain Arch Insurance announced the appointments of Carmen Cobeta as head of Casualty, Spain, and Irene Fernandez Franic as senior casualty underwriter, effective...
Valencia Floods Prompt Race for Funds to Boost Spain’s Climate Resilience
Feb 7 2025 // Spain is seeking European approval to repurpose more than a billion euros of post-pandemic recovery funds to make Valencia more resilient against climate change after the Mediterranean region suffered catastrophic heavy...
Bank of Spain Estimates Floods Cost 0.2% of GDP in 4th Quarter
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...
Spain’s Record-Breaking Floods Push Insured Losses Above €4 Billion ($4.2 Billion)
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...
Spain’s Devastating Floods Will Cost Insurers Over $3.8 Billion
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...
Spain’s Hurricane Katrina Moment Saw Officials Ignoring Warnings
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...
Spain Risks €10.6 Billion Flood Damage Bill, PM Sanchez Says
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...
Valencia Asks for €31 Billion Rescue Package After Deadly Floods in Spain
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...
Spain’s Floods to Cost Insurers More Than €1 Billion: Morningstar DBRS
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...
Deadly Spain Floods Show Difficulty of Adapting to Intense Rains
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...
Spain Declares Three Days of Mourning as Storms Kill More Than 90
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...
Spain Reports 62 Dead After One of Century’s Worst Storms
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...
People Moves: Marsh Promotes McKay as UK Advisory Leader; BHSI Launches Surety in Spain, Led by Barbero; IQUW Promotes MacDonald to Head of Property
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...
Florida Jury: NICO Did Not Act in Bad Faith in Crash That Killed 4 Women From Spain
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...
Plastic Pellet Spill Unleashes Cleanup Nightmare on Spain’s Coast
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...
