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latest news

Middlesea Insurance appoints new Chairman
30 December 2009
The Board of Directors has been informed by Mr Mario C. Grech, the Executive Chairman, that after careful consideration, following the expiry of his current contract on 31 December 2009, he will not be renewing his Executive position within the company. Mr Grech said ‘I retire from Middlesea with nothing but goodwill for the Group and its future’.
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Middlesea Insurance issues Company Announcement
16 December 2009
The following is a Company Announcement issued by Middlesea Insurance plc (the “Issuer”) pursuant to Malta Financial Services Authority Listing Rules 8.7 and 4.12 et seq
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Middlesea Insurance p.l.c. holds its Extraordinary General Meeting
20 November 2009
Middlesea Insurance p.l.c. held its Extraordinary General Meeting (EGM) at the Portomaso Suite at the Malta Hilton on Friday 20 November 2009.
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Middlesea Insurance customers can win Fuel vouchers and LCD Tv’s
23 October 2009
Middlesea Insurance plc has announced that between October 2009 and December 2010, customers who renew their private motor Insurance can win free fuel vouchers as well as LCD Tv’s.
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Middlesea Insurance plc - Half Yearly Results 2009
26 August 2009
Italian subsidiary outweighs Middlesea’s profitable local operations.
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Middlesea Insurance p.l.c. holds its Annual General Meeting
26 June 2009
Middlesea Insurance p.l.c. held its Twenty Eighth Annual General Meeting (AGM) at the Hilton Conference Centre on Friday 26 June 2009.
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George Muscat presents one of his works to Middlesea Group
08 May 2009
The ceramic artist, George Muscat has donated one of his outstanding works of art entitled ‘Memories of Blue’ to Middlesea Group, following the company’s recent sponsorship of his exhibition “Changing Metaphors in Clay.”
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Financial markets and Italian subsidiary dent Middlesea’s financial results.
28 April 2009
The crisis in the world financial markets and the performance of the Italian subsidiary were the factors which broke the 27 year history of positive financial results for the Middlesea Group. The Group registered a loss after taxation of €20.6m for the financial year ended 31st December 2008 as compared to a profit of €6.9m in 2007.
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Middlesea Insurance sponsors ceramic art exhibition
27 March 2009
Around 40 ceramic artworks by acclaimed artist George Muscat will be displayed at the Middle sea House in Floriana, in an exhibition titled “Changing Metaphors in Clay,” from March 27 to April 9.
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Middlesea Group supports philanthropic organisations
23 December 2008
The Middlesea Group p.l.c spread some extra Christmas cheer through a financial contribution to the Community Chest Fund and Caritas.
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Matters of the heart at Middlesea
10 December 2008
As part of its corporate social responsibility commitment, the health division within Middlesea Insurance p.l.c. organised “Matters of the Heart,” an informative talk about heart health, given by Professor Albert Fenech, Chairperson of the Cardiology Department at Mater Dei Hospital.
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Middlesea Health supports the Malta Red Cross Society
28 November 2008
Middlesea Insurance plc through an initiative of the Middlesea Health Division has signed a sponsorship agreement with the Malta Red Cross Society. The objective of this agreement is to provide areas of cooperation for the promotion of health and care to the Maltese public.
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Middlesea strengthens relationship with St Philip’s Hospital
11 November 2008
Middlesea Insurance plc and St Philip’s Hospital have concluded an agreement which enables a smooth process of acceptance and discharge of insured patients.
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Middlesea launches innovative service
10 September 2008
Middlesea Insurance plc has signed an Agreement with Arzt Partner Almeda AG in Germany for the provision of Second Medical Opinion Services to eligible persons insured under Middlesea Insurance health insurance schemes. ArztPartner is fully owned by DKV AG and is a full-service disease and case management provider based in Munich, Germany. DKV, is the largest private Health Insurance Company in Europe, and has a history of more than 70 years in engaging in private health insurance. With offices in 9 countries ArztPartner manages customers with over 23 million insured members.
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MEPA and Middlesea Group for the environment
14 September 2003
The Malta Environment and Planning Authority, Middlesea Group, the Education Division, Nature Trust (Malta), and the EkoSkola Coordinating Committee, have prepared an interactive Advent Calendar for primary school children in classes Year 1 to Year 6 to be distributed among schools. The calendar features various environmental messages aimed at increasing the child's sense of responsibility towards the environment, as well as a series of outline drawings of interest to the primary age group.
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Middlesea's 20th consecutive declaration of dividend
10 June 2003
Middlesea Insurance p.l.c. held its Twenty Second Annual General Meeting at the SAS Radisson Bay Point Resort, St Julian's on Wednesday, 11 June 2003.
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Middlesea registers a loss after Investments
11 August 2008
The positive technical results registered by the Middlesea Group as at 30 June 2008 were outweighed by the significant unfavourable fair value movements experienced in the investment portfolios.
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Middlesea Insurance p.l.c. supports art conservation
25 July 2008
Middlesea Insurance p.l.c. has sponsored the conservation of an oil painting depicting one of the fourteen Stations of the Cross (Via Dolorosa) situated in the Sacristy of Floriana Parish Church.
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Middlesea Insurance p.l.c. holds its Annual General Meeting
25 June 2008
Middlesea Insurance p.l.c. held its Twenty Seventh Annual General Meeting (AGM) at the Hilton Conference Centre on Wednesday 25 June 2008.
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€9.3 million profit by Middlesea Group - Increased dividend proposed
25 April 2008
The strong financial fundamentals and clear strategy of the Middlesea Group enabled it to register most encouraging results for the year 2007, notwithstanding various challenges including the high volatility in the international capital markets.
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New Health Insurance Schemes launched
07 April 2008
Middlesea Insurance p.l.c. has launched its new range of Health Insurance Schemes. The new schemes are easier to understand, more flexible and offer potential customers a number of alternatives designed at various premium levels to suite all pockets.
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Middlesea Group employees participate in CSR day
02 April 2008
A group of Middlesea Group employees recently participated in corporate social responsibility (CSR) day held on Wednesday, 19th March 2008. CSR day is organised by a committee made up various organisations and this year saw the participation of 350 employees from leading organisations which included Deloitte, Gasan Group of Companies, Mizzi Group, HSBC Malta, M. Demajo Group, Middlesea Group, Simonds Farsons Cisk plc and the Vodafone Malta Foundation.
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Your world of quality insurance
14 March 2008
Middlesea Insurance p.l.c. launches new advertising campaign Middlesea Insurance p.l.c. has launched a new advertising campaign focusing on the close and loyal relationship between the Company’s customers and the quality of its leading products.
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Middlesea Insurance p.l.c website is given Euro-Label accreditation
31 January 2008
Middlesea Insurance p.l.c.’s website – www.middlesea.com has been granted Euro-Label accreditation, a trust mark awarded to trustworthy e-commerce sites worldwide.
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Middlesea Group joins FAIR
25 January 2007
Middlesea Group, aware of the key role businesses play in the Euro changeover, has joined FAIR, a voluntary dual pricing system aimed at ensuring a smooth changeover to the Euro.
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Middlesea Group announces new senior management appointments
05 February 2007
Middlesea Group has announced that following a restructuring exercise, a number of changes in the senior echelon of management have become effective.
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Middlesea Insurance p.l.c. launches new advertising campaign
08 March 2007
Middlesea Insurance p.l.c. has launched a new advertising campaign for all its products.
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Middlesea registers a profit of Lm3.65 million for 2006
26 April 2007
Middlesea Insurance p.l.c. (MSI) registered an operating profit before tax of Lm3.65 million (€8.5m) for the year ended 31 December 2006. Mr Mario C. Grech, Executive Chairman of the MSI Group observed that Middlesea’s previous year’s figures had been very favourably impacted by an exceptional net fair value movement in investments of Lm2.2 million (€5.1m), mainly as a result of a sharp rise in the value of domestic equities, against a loss of Lm0.17 million (€0.40m) in 2006.. The other item affecting the comparative results was the favourable run-off in incurred claims of Lm1.10 million (€2.56m) in 2005, compared to Lm0.37 million (€0.86m) in 2006. Other companies within the Group attained encouraging results, reflecting a strong and varied operational portfolio and the continued successful implementation of the Group’s strategy.
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Middlesea Insurance p.l.c. holds 26th Annual General Meeting
02 July 2007
Middlesea Insurance p.l.c. held its Twenty Sixth Annual General Meeting at the Hilton Conference Centre on Thursday, 28 June 2007.
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Archbishop visits Middlesea Group
18 July 2007
His Grace the Archbishop Mgr Paul Cremona recently visited the Middlesea Group of Companies.
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Middlesea Group registers a 55% improvement in pre- tax Profits
17 August 2007
The Middlesea Group results for the first half year of 2007 have been positive, with profits before taxation amounting to Lm1.93million (€4.5m), reflecting an increase of 55% over the profits of Lm1.24 million (€2.89m) registered last year.
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Middlesea Group Supports Community Chest Fund
23 December 2005
As part of its commitment to support philanthropic organisations, Mr Mario C. Grech, Chairman of the Middlesea Group recently presented Lm5,000 to the Community Chest Fund. The donation was presented to HE The President of Malta, Dr Edward Fenech Adami, during the annual Middlesea Group Christmas reception held on Thursday at Middlesea House, Floriana.
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Middlesea Insurance plc sponsors World Medical Tennis Society Congress
13 October 2006
Middlesea Insurance p.l.c. is sponsoring the 36th World Medical Tennis Society (WMTS) Annual Congress which will be held at the Hilton Malta from October 14 to 21, 2006.
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Middlesea Traveleasy Insurance online
23 October 2006
Middlesea Insurance has launched its Middlesea Traveleasy Insurance - an enhanced travel insurance policy aimed to meet the needs of today’s traveller – which may be purchased online.
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Middlesea Group sponsors FHRD conference
10 October 2006
Middlesea Group is sponsoring the annual conference of the Foundation for Human Resources Development (FHRD).
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Satisfactory results registered by Middlesea Group
22 September 2006
Mario C. Grech, Chairman of the Middlesea Group announced that all Companies within the Group registered an improved technical performance in the first half year of 2006 as compared to previous year. The overall performance of the international capital markets, in particular the unfavourable movements in the foreign bond market, impinged negatively on the overall result of the Group resulting in a registered reduced profit before tax of Lm1.24 million. The overall profit attributable to shareholders after tax as at June 2006 was Lm1.55 million, a reduction of 3% over previous year. After taking account of minority interests and taxation, earnings per share reduced from 6c4 in 2005 to 6c2. This data reflect the share split effected in June 2006.
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The President of Malta at Middlesea’s 25th Anniversary dinner
14 August 2006
The culmination of Middlesea's 25th Anniversary celebrations was a dinner hosted under the distinguished patronage of the President of Malta, H.E. Dr Edward Fenech Adami and Mrs Fenech Adami at the historic Fort St Angelo. During the dinner the President commented: “We have sought and identified niches where economic growth could be obtained. In no small measure, Middlesea has shown that the way we can thrive is by using our skills, our ingenuity and putting together the best efforts that our people can provide. We have thereby gained credibility. The result is 25 years of success”.
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Prime Minister inaugurates Middlesea Tribute Exhibition
24 July 2006
The Prime Minister Dr Lawrence Gonzi recently inaugurated the exhibition ’25 Years of Maltese Art’ organised by Middlesea Insurance p.l.c. as part of its 25th anniversary celebrations.
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Painting presented to Middlesea Group
12 July 2006
Artist Gabriel A. Pellegrini recently presented one of his paintings L’Occhio del Ciclone to Middlesea Group Chairman Mr Mario C. Grech. This painting will be included as an addition to Middlesea Group’s fine art collection.
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Middlesea Insurance pays tribute to Maltese art
11 July 2006
As part of its 25th anniversary celebrations, Middlesea Insurance p.l.c. is holding an exhibition entitled ‘25 Years of Maltese Art.’
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Dr Alfred Sant visits Middlesea
05 July 2006
The Leader of the Opposition, the Hon. Dr Alfred Sant, last Wednesday, paid a visit to the offices of Middlesea Group in Floriana, as the Group’s holding company, Middlesea Insurance p.l.c. is commemorating its 25th Anniversary.
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Extraordinary result for Middlesea Insurance
19 June 2006
Middlesea Insurance p.l.c. held its Twenty Fifth Annual General Meeting at the Hilton Conference Centre on Friday, 16 June 2006.
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Middlesea Insurance p.l.c. holds seminar on Marine Cargo
16 May 2006
Middlesea Insurance p.l.c. recently organised a Marine Cargo seminar for the Marine Underwriters of its agency network.
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Middlesea registers “impressive” Lm6.5m profit before tax
28 April 2006
Middlesea Insurance p.l.c.(MSI) registered an operating profit before tax of Lm6.51m (€15.2m) for the year ended 31st December 2005, an increase of 79% over 2004. Mario C. Grech, Chairman of the MSI Group stated that this was mainly the result of the strong technical performance registered across all business activities by all companies within the Middlesea Group, which included a favourable run-off in incurred claims, a strong investment return from capital markets (particularly in the domestic market), the implementation of revised International Financial Reporting Standards (IFRSs) and the Company’s focus on improving cost efficiency.
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Middlesea Group supports Malta Library and Information Association
09 March 2006
Middlesea Group recently sponsored the Malta Library and Information Association (MaLIA) which is dedicated to the improvement and raising of professional and educational standards of the library profession in Malta and Gozo.
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www.middlesea.com registers increasing success
13 February 2006
The Middlesea Insurance p.l.c. website www.middlesea.com has registered a sharp increase in hits since its launch in November.
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Middlesea Insurance and Corporación Mapfre Partnership
28 January 2005
Middlesea Insurance plc (“Middlesea”) and Corporación Mapfre are pleased to announce a further strengthening of the partnership that has been created between the two organisations.
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Middlesea Group Special Offers
01 March 2005
Those persons who purchase a Middlesea Valletta Life policy or a Middlesea Health Insurance policy may benefit from various special offers.
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Middlesea Group employees obtain Insurance Diploma
29 March 2005
Three Middlesea Group members of staff were recently awarded the Applied Insurance Studies (AIS) Diploma during a graduation ceremony organised by the Malta International Training Centre (MITC).
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Middlesea Insurance p.l.c. holds seminar on Marine Cargo
05 April 2005
Middlesea Insurance p.l.c. recently organised a Marine Cargo seminar for all its agents addressed by Mr. Joe Felice Pace, an insurance professional.
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Robust results for Middlesea Group
29 April 2005
Mario C. Grech, Chairman of the Middlesea Group, has announced that Middlesea registered an operating profit on ordinary activities before tax of Lm2.21 million for the year ended 31 December 2004 (Lm1.38 million in 2003).
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Customer care training for Middlesea Group
14 July 2005
Several Middlesea Group members of staff recently attended a customised customer care course - Achieving Excellence in Customer Service using Neuro-Linguistic Programming (NLP).
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Solid Performance for the first six months
28 September 2005
Mario C. Grech, Chairman of the Middlesea Group, announced a positive performance by all the companies within the Middlesea Group that contributed to an increase of 40% in the net profit before tax of Lm2.15 million (June 2004 – Lm1.54 million) for the half year ended 30 June 2005.
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Middlesea Group supports Creativity Conference
17 November 2005
Middlesea Group has announced it will be sponsoring the 2nd Annual Conference of E-Maps to be held on November 30 and December 1, 2005, in Malta.
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Alfred Chircop’s art featured in Middlesea Group calendar
12 December 2005
A selection of works by prominent artist Alfred Chircop feature in the Middlesea Group 2006 calendar which was printed recently. The Middlesea Group calendar has become a much sought after collector’s item for those who are interested in the arts.
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Middlesea Group issues Christmas newsletter
21 December 2005
Middlesea Group has published the Christmas issue of its Company newsletter - info@middleseagroup. The publication, which has a Christmas theme, covers various areas of interest for its shareholders, customers and members of staff.
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Middlesea Insurance Campaign Focuses on Marine Environment
12 January 2003
Middlesea Insurance p.l.c. recently launched a new marketing and advertising campaign, which focuses on Malta's most important natural resources, the sea and its surrounding environment. Using a colourful mix of Mediterranean underwater species to depict Middlesea's range of products, the campaign is extremely vibrant and eye-catching.
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Middlesea employees donate blood
22 January 2005
Several members of staff at the Middlesea Group today donated blood at the Blood Donation Mobile Unit which was stationed in front of Middlesea House, the Company's premises in Floriana, specifically for this occasion.
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Middlesea Group continues to support the Eden Foundation
12 January 2005
During a lunch for intermediaries and business partners hosted recently by the Middlesea Group, Middlesea Group Chairman Mr Mario C. Grech presented a cheque for Lm 1,500 to Dr Josie Muscat of The Eden Foundation.
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Marco Cremona's art featured in Middlesea Group's calendar
20 December 2004
A selection of artistic works by contemporary artist Marco Cremona are featured in the recently published Middlesea Group 2005 calendar.
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Middlesea Group Dress-Down Day in aid of L-Istrina
20 December 2004
Members of staff of the Middlesea Group recently held a dress-down day at the Company's premises in Floriana in aid of the Community Chest Fund's marathon fund-raising activity L-Istrina.
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Middlesea Insurance p.l.c. supports Nature Trust
17 December 2004
Middlesea Insurance p.l.c. recently gave a donation to Nature Trust to support its Marine Rescue Team.
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A New Insurance Graduate at Middlesea Insurance p.lc.
16 December 2004
A Middlesea Insurance p.l.c. Claims Executive Gretel Busuttil, has been conferred with the Advanced Diploma in Insurance qualification, making her Associate of the Chartered Insurance Institute (ACII) of the UK.
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Middlesea Group supports Caritas Harm Reduction Shelter
17 November 2004
Middlesea Group recently presented computer equipment to Caritas Malta.
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Middlesea Group declares strong results for the half year
24 September 2004
Mario C. Grech, Chairman of the Middlesea Group, announced an increase of 64% in pre-tax profit for the half year ended 30 June 2004 when compared to the results obtained for the corresponding period in 2003. The Group's total profit on ordinary activities before tax amounted to Lm1.27 million.
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Three New Insurance Graduates at Middlesea
02 July 2004
Three Middlesea Insurance employees Antonella Mercieca, Claud Fenech and David Galea, have been conferred with the Advanced Diploma in Insurance qualification, making them Associates of the Chartered Insurance Institute (ACII) of the UK.
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Overseas growth registered by the Middlesea Group
12 June 2004
Mr Mario C. Grech, Chairman of the Middlesea Group, announced consolidated Group profits after tax of Lm1.07 million (€2.5m) for the year ended 31 December 2003 (Lm1.14 million in 2002).
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Middlesea Insurance p.l.c. appoints new agent
08 February 2004
Mr Mario C. Grech, Middlesea Group Chairman, and Mr Mark Laferla, Managing Director of Laferla Insurance Agency Ltd, recently announced that Laferla Insurance Agency Limited has been appointed an insurance agent with authority to underwrite all classes of general insurance business on behalf of Middlesea Insurance p.l.c.
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Middlesea Group Supports Philanthropic Organisations
07 January 2004
As part of its commitment to support philanthropic organisations, Mr. Mario C. Grech Chairman of the Middlesea Group recently presented two financial contributions to the Community Chest Fund and Caritas.
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Middlesea Group continues to support the Eden Foundation
04 January 2004
The Middlesea Group recently hosted a lunch for its intermediaries and business partners, which was attended by over 400 guests.
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New appointment at Middlesea Insurance p.l.c.
02 December 2003
Keith Mallia-Milanes, 37, was recently appointed Assistant General Manager at Middlesea Insurance p.l.c.
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Middlesea Insurance p.l.c.
Middle Sea House
Floriana, FRN1442
Malta
Tel: (+356) 21246262
Fax: (+356) 21248195
 
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Middlesea Insurance p.l.c. is a company authorised under the Insurance Business Act, 1998 to carry on both Long Term and General Business and is regulated by the Malta Financial Services Authority.Registration Number: C5553. 

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