Captives: a rising value in the insurance industry

Captives: a rising value in the insurance industry

The captive market is growing significantly on a global scale, defining new localization, innovation, and risk management strategies. During the MAPFRE International Global Risks Seminar, the impact of this growing business on the industry was analyzed. To address...

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Origins and relevance of the Fire Defense Competition

Origins and relevance of the Fire Defense Competition

On May 24, we hosted the Fire Defense Competition, an event that was first held in 1969. It was originally organized by the National Institute of Industry (Instituto Nacional de Industria, INI) and it’s Mutual Insurance Company (Mutualidad de Seguros del INI, MUSINI)....

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Reinsurance market: Are we facing a cycle change?

Reinsurance market: Are we facing a cycle change?

The insurance industry is a living thing, and therefore exposed to the social, economic and geopolitical conditions that occur in the world. While their behavior has historically been cyclical, experts say we could be facing a totally unprecedented set of...

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José Carlos Nájera attends the AON meeting on Impact Claims

José Carlos Nájera attends the AON meeting on Impact Claims

On June 27, AON’s Claims department held the event “Solutions and Commitments in Impact Claims” at Club Monteverdi in Madrid. In the three roundtables, Allianz, Zurich, Atlantica, Asevasa and BHSI participated in addition to MGR. AON Broker Claims hosted an event last...

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Artificial Intelligence in Global Risk Management

Artificial Intelligence in Global Risk Management

AI was a cross-cutting theme at the XXIX MAPFRE International Global Risks Seminar held last June. It was the centerpiece of one of the event’s highlights, addressing its impact on global risk management. Moderated by Diego Bodas, Head of AI at MAPFRE, we were told...

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What is the current economic outlook?

What is the current economic outlook?

José Luis Jiménez, Deputy Chief Financial Officer (CFO) of MAPFRE, opened the XXIX International Global Risks Seminar held by the company with some relevant and necessary context for undertaking any debate in the sector: the current economic outlook. Before the...

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Navigation and Risk: The Impact of General Average

Navigation and Risk: The Impact of General Average

A maritime adventure is a risky undertaking. Ship owners, loaders, and charterers that use ships for maritime transportation face risks that are common to all of them, and may occur with certain likelihood. General Average embodies the principle of shared adversity,...

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