Spain and Portugal Hit With Worst European Blackout in Years April 28, 2025 By Laura Millan, Macarena Munoz and Thomas Gualtieri Most of Spain and all of Portugal were hit by a major blackout that impacted public transport, airports and phone...
Spain’s Devastating Floods Will Cost Insurers Over $3.8 Billion November 8, 2024 By Macarena Munoz The floods that devastated the Spanish region of Valencia at the end of last month are expected to trigger total...
Spain Risks €10.6 Billion Flood Damage Bill, PM Sanchez Says November 6, 2024 By Rodrigo Orihuela, Macarena Munoz and Jorge Zuloaga Spanish Prime Minister Pedro Sanchez announced the first financial package for victims of the storms that killed more than 200...
Valencia Asks for €31 Billion Rescue Package After Deadly Floods in Spain November 5, 2024 By Macarena Munoz The region of Valencia is asking Spain’s central government for rescue funds to help with rebuilding after floods last week...
Santander Flags Data Breach Hitting Some Clients, All Staff May 14, 2024 By Macarena Munoz Banco Santander SA said data managed by an external party was accessed without authorization, affecting information of clients and staff....
Mapfre Posts 32% Drop in Q4 Net Profit to $132 Million February 11, 2016 By Macarena Munoz Mapfre SA, Spain’s largest insurer, cut its annual dividend and posted a 32 percent drop in quarterly net profit as...
MAPFRE Net Income Rises 6.9% on Rebound in Spanish Business February 11, 2015 By Macarena Munoz MAPFRE SA, Spain’s biggest insurer, recorded a 6.9 percent rise in net income last year on higher returns in its...
Spain’s Mapfre Seeking to Make Acquisitions in Europe and U.S. December 1, 2014 By Macarena Munoz Mapfre SA, the biggest insurer in Spain, is seeking to expand and may make acquisitions in Europe and the U.S.,...