Zurich Insurance Group agreed to sell its iconic office building in downtown Madrid to a Spanish investment fund for about €100 million ($107 million), underscoring the robust demand for real estate in the city. Investment firm Besant Capital has made …
Miller, the London-based specialist re/insurance broker, announced the acquisition of Madrid-based commercial insurance and reinsurance broker Bruzon Correduría de Seguros y Reaseguros S.A. and its subsidiary Bruzon Services S.A., subject to regulatory approval. Financial details of the deal, which is …
Lockton, the world’s largest independent insurance broker, announced it has signed a long-term strategic agreement with Jhasa, a Spanish independent insurance and reinsurance broker that specializes in the construction, energy and M&A sectors. Following this agreement, effective immediately, Jhasa will …
Fusion Specialty Europe announces the launch of its Southern Europe branch in Madrid, and the appointment of Filippo Cibin as partner, effective immediately. Cibin will lead the expansion of Fusion into Southern European, as part of its continued growth strategy …
MADRID (AP) – Spain has officially entered a period of long-term drought, owing to high temperatures and low rainfall over the past three years, and likely faces another year of heatwaves and forest fires. The country’s Aemet weather agency said …
BMS, the London-based independent specialty re/insurance broker, announced that BMS Iberia has signed a deal to acquire Seguros Viafina (Viafina), the Spanish specialty insurance and reinsurance broker. The acquisition is set to complete in February 2023, with BMS acquiring Viafina …
Everest Insurance, the insurance division of Everest Re Group Ltd., announced its expansion into the Spanish market following regulatory approval from the relevant authorities to operate in Spain — trading as Everest Insurance (Ireland) DAC, Sucursal en España. The Spain …
Howden, the London-based international insurance broker, announced it has acquired 100% of Spanish insurance broker March Risk Solutions (March R.S.) and has signed an alliance with Banca March, March R.S.’s parent company and one of the region’s pre-eminent investment banks. …
BMS, London-based independent specialty insurance and reinsurance broker, announced it has signed a deal to acquire Eisenar, the Spanish specialty insurance broker. The terms of the acquisition were not disclosed. Eisenar was founded in 2001 by Eugenio Sanchez-Belda and is …
Berkshire Hathaway Specialty Insurance (BHSI) announced the introduction of new property damage, general liability, D&O, professional indemnity and marine cargo insurance policies in Spain. “Launching our proprietary policy wordings in Spain is indicative of our commitment to leading domestic and …
