Latest Spain Headlines

All the headlines from our Spain Topic Page, ordered by recency.

New GAO Study: U.S. Needs Government Help to Insure for Catastrophes and Terrorism

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...

Linsure Establishes Foothold in Spain

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...

AEGON Sells Spanish P/C Unit to Reale Mutua

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...

People & Places

Nov 22 2004 // Nigel Spain 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,...

AIG United Guaranty to Expand in EU, Asia

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...

Lloyd’s Appoints Battmann Representative in Spain

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...

Best Affirms Mapfre Mutualidad ‘A+’, ‘aa-‘ Ratings

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...

Spanish Train Bombings Renew Terrorist Threat

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...

Spanish Train Bombings Renew Terrorist Threat

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...

Higginbotham & Assoc. Creates Specialty Transportation Unit

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...

HCC to Acquire St. Paul Espana

Nov 12 2002 // HCC Insurance Holdings Inc., based in Houston, announced the company has reached an agreement to acquire St. Paul Espana, Compania de Seguros, S.A., a property and casualty insurance company headquartered in Madrid, Spain,...

Spain’s Mapfre Re Joins inreon Exchange

Apr 3 2002 // Spanish reinsurer Mapfre Re has joined inreon, the on-line reinsurance risk trading platform founded by Swiss Re and Munich Re in December 2000, as a new member of its panel of capacity providers. “The move further...

Winterthur Spain optimizing eBusiness Systems

Nov 2 2001 // Computer Associates International Inc. (CA) announced that Winterthur Spain (Winterthur) is using CA’s Endevor to optimize the quality of its eBusiness systems and eliminate costly programming errors. Winterthur...

Liberty Mutual Group Adds Spain Operations

Jul 24 2001 // Liberty Mutual Group is adding to its operations in Spain by purchasing Royal & Sun Alliance’s property and casualty and life insurance operations in the country. The purchase will expand Liberty Mutual...

CGU In Bancassurance Deal With Spain’s Bancaja

May 19 2000 // Britain’s CGU announced that it had agreed to acquire the life insurance and pension business of Spain’s Bancaja, its 4th largest bank, for £200 million ($196 million). The agreement will make CGNU, upon...

Spain’s Terra To Merge With Lycos

May 17 2000 // Spain’s Internet service provider, Terra Networks, announced that merger talks with U.S. Lycos had been successfully concluded and that the two companies were set to merge. Terra, the Internet subsidiary of...