Space Insurance Premiums Could Double After European Vega Rocket Crash July 31, 2019 By Carolyn Cohn, Tom Sims and Noor Zainab Hussain Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which...
Spanish Insurer MAPFRE Teams with China Re on Belt & Road Initiative Cover July 9, 2019 Spanish insurer MAPFRE said it has signed a memorandum of understanding with China Re to insure infrastructure within the belt...
Santander Pays $1.1B to Replace Allianz with Aegon, Mapfre in Spain Joint Venture June 25, 2019 By Charlie Devereux and Will Hadfield Banco Santander SA agreed to pay 937 million euros ($1.1 billion) to buy Allianz SE out of an insurance joint...
Allianz, Generali & Liberty Mutual Vying to Invest in BBVA Bancassurance Arm: Sources February 28, 2019 By Pamela Barbaglia European insurers Allianz and Generali are vying with U.S. rival Liberty Mutual to invest in the bancassurance business of Spanish...
Massachusetts Insurance Agents, Carriers Helping Their Towns Get Back to Normal After Gas Explosions September 25, 2018 By Elizabeth Blosfield As three Massachusetts towns continue to face the after effects of a series of natural gas explosions, finding some normalcy...
Safeco to Take Up Mapfre’s Tennessee, Kentucky, Indiana Business February 20, 2018 MAPFRE Insurance, which last year decided to exit five states and focus on 11, is turning over its personal lines...
UPDATE 2: Global Re/Insurers Estimate Price Tag of Q3 Hurricanes & Quakes October 3, 2017 Losses from Hurricane Maria and other recent 2017 natural catastrophes, including Hurricanes Irma and Harvey, the Mexico City earthquakes and...
MAPFRE Gains 51% of Indonesian Insurer ABDA to Expand in South East Asia June 13, 2017 Insurer MAPFRE, which already owned 31 percent of the insurer, has gained 51 percent and effective control of Indonesian insurance...
Small Business Insurance Site CoverWallet Pulls In $7.8 Million in Funding November 17, 2016 Online commercial insurance agency CoverWallet announced it has received $7.8 million in funding in a Series A round led by...
Europe’s Top Cedents Saw Cessions Jump by Double Digits in 2015: A.M. Best September 8, 2016 Europe’s top cedents reported a double-digit hike in cessions for 2015 compared to the previous year. The trend stems from...