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...“As the Net-Zero Insurance Alliance disintegrates before our eyes, we must ask why these huge companies with their hordes of lawyers did not see antitrust issues as a major obstacle when they founded the...
...European co-ordinator at Insure our Future Lindsay Keenan said Munich Re’s decision sent a message to the insurance industry and energy companies that they could struggle to find cover if they do not “align...
...In Europe, Alexandre Ricard at Pernod Ricard, the drinks company that owns brands from Beefeater gin to Havana Club rum, and Antonio Huertas at insurance company Mapfre, hold combined roles....
...Admiral will receive £450m from the deal, with the remainder going to Mapfre, the Spanish insurer that co-owns some of the businesses being sold....
...Mr Powar, a member of Mapfre’s open innovation board, had experience of this at the insurance company where he helped to set up a hub in Spain “to find new ways to access a younger population and find new...
...The data from this platform is stored by Inrobin and used by insurance companies to offer precise premiums. Spanish insurance company Mapfre is one of many companies to use this data to assess premiums....
...ASR, Mapfre and Unipol/UnipolSai all look oversold versus their mark-to-market of S2, Exane adds. Here’s the key chart: What else?...
...It sold its life insurance business to Royal London in 2013. The Co-op underwrites its own home and motor insurance policies, while travel insurance policies are underwritten by Mapfre of the US....
...US insurance groups White Mountains and Mapfre own the remaining 24 per cent of shares in Compare....
...Subordinated debt sold by insurance companies, which is not eligible for purchases, has also benefited from the corporate bond buying announcement....
...Mr Muñoz, previously Banca March’s market strategy director, succeeds Jose Luis Jimenez, who is joining the Spanish insurer Mapfre as head of investment....
...An insurance unit will go the same way to a JV of Bankinter and Mapfre. Barclays expects to chalk up a £200m post-tax loss and £1.7bn reduction in risk-weighted assets. So it’s small potatoes....
...The FTSE 100 company on Thursday disclosed plans to sell its assets in Italy and Germany to the Spanish insurer Mapfre and return nearly all the proceeds – equivalent to a tenth of its market value – to...
...Groups such as Telefónica, the telecoms group, and Mapfre, the Spanish insurance company, are also expanding, having recently completed or announced deals to grow their business in markets such as Germany...
...The company has avoided taking market share as the premiums across the UK motor insurance market have fallen about 4 per cent in the past 12 months, according to the AA....
...Others included Montpelier Reinsurance, Lancashire Insurance Company and Aspen Insurance UK, they added....
...Mapfre, the largest insurance group in Spain by premiums, and the second-largest across Latin America, suffered a 5.9 per cent fall in business written for domestic Spanish life insurance last year....
...This year Bankia has sold City Bank of Florida, its US arm, for $883m, and is working to offload several large minority stakes, including shares in Mapfre, the insurance company....
...Dieter Wemmer, finance director, defended Allianz’s payout level, saying the proportion of earnings it paid out was “very reasonable” and in line with other leading insurance companies....
...Income-focused investors will be closely watching the dividend decisions of Allianz and Axa, two of Europe’s biggest insurance companies, which disclose annual results on Thursday....
...The UK company said the £494m it would receive from Bankia equated to about 1.8 times Aseval’s net asset value, on an IFRS basis....
...The Swiss company maintained medium to long-term sales and profit targets. Deutsche Bank analysts underlined a “hold” position on the stock on Monday....
...The FTSE Eurofirst 300 insurance index has returned 70 per cent since its 2009 low, 40 percentage points more than banks....
...Mapfre , the insurer, gained 0.7 per cent to €2.03 and ACS , the construction group, climbed 1.6 per cent to €16.01. Shares in Zurich Insurance rallied 1.2 per cent to SFr232.90....
...Banco Popular lost 3.2 per cent to €1.32 and Mapfre fell 2.5 per cent to €1.47....
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