Spain News

Best Affirms Mapfre Asistencia ‘A+’ Rating

A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Spain’s Mapfre Asistencia Compania Internacional de Seguros y Reaseguros SA with a stable outlook. “The rating reflects the company’s strategic importance to its ultimate …

Houston Casualty Co. Affirmed

Standard & Poor’s Ratings Services affirmed its “AA” counterparty credit and financial strength ratings on Houston Casualty Co., Avemco Insurance Co., U.S. Specialty Insurance Co., HCC Specialty Insurance Co., HCC Life Insurance Co. and affirmed its “AA” financial strength rating …

Lloyd’s Appoints Battmann Representative in Spain

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 the Spanish market. Speaking at …

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

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 the 275 million euro 6.02 percent senior debt due 2011 …

Houston Casualty Co. Affirmed, Outlook Stable

Standard & Poor’s Ratings Services announced the affirmation of its “AA” counterparty credit and financial strength ratings on Houston Casualty Co., Avemco Insurance Co. (Avemco), U.S. Specialty Insurance Co., HCC Specialty Insurance Co. (HCC Specialty) and HCC Life Insurance Co. …

Spanish Train Bombings Renew Terrorist Threat

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 ferocity …

Spanish Train Bombings Renew Terrorist Threat

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 ferocity …

Defense Bar Schedules Conference in Barcelona

The Chicago-based Defense Research Institute (DRI), the organization which represents the insurance defense bar, announced hat it has joined other legal associations to hold an international conference in Barcelona, Spain, May 11-12. “Hundreds of defense attorneys, corporate counsel and insurance …

Spanish Train Bombings Renew Terrorist Threat

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 ferocity …

HCC Declares Quarterly Cash Dividend

Houston-based HCC Insurance Holdings Inc. announced its 31st consecutive quarterly cash dividend. The company reported that its Board of Directors declared a regular quarterly cash dividend of $0.0750 per share on the company’s shares of $1.00 par value common stock. …