Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
UK Insurers Provide Test Case for Post-Brexit ‘Unshackling’ From EU Capital Rules
Nov 17 2022 // The British government and the Bank of England are reforming insurers’ capital rules, seen as a post-Brexit test of UK willingness to “unshackle” the City of London after leaving the European...
Bank of England Chief Questions Government Plan for Post-Brexit Financial Rules
Nov 17 2022 // Bank of England Governor Andrew Bailey took the British government to task on Wednesday over its plan to give itself veto powers over post-Brexit financial rules written by independent regulators, including the central...
EU Monitors FTX Collapse as Major Crypto Law Enters Final Stages
Nov 16 2022 // The European Union is monitoring the collapse of crypto exchange FTX Group as the bloc tries to cross the finish line on adopting a broader set of regulations for digital assets. The bloc is examining whether the crisis...
European Countries Face Strikes, Protests Due to High Energy Prices, Cost of Living
Nov 15 2022 // European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are details of some recent and current industrial actions and demonstrations. BRITAIN * More than 70,000...
People Moves: Marsh Names Adamantiadis CEO, Continental Europe; SCOR Taps Chubb’s Bartolo for EIL; Chubb Global Mkts Promotes Driscoll in Financial Lines
Nov 15 2022 // This edition of International People Moves details appointments at Marsh, SCOR, and Chubb Global Markets, A summary of these new hires follows here. Marsh Names Adamantiadis as CEO, Continental Europe Marsh, the insurance...
Ukraine War, Geopolitics Fuel Cyber Attacks: EU Agency
Nov 4 2022 // Geopolitics such as Russia’s invasion of Ukraine has led to more damaging and widespread cybersecurity attacks in the year to July, EU cybersecurity agency ENISA said in its annual report on Thursday. ENISA’s...
Europe’s Biggest Copper Smelter Hit as Part of Wider Cyberattack on Metals Industry
Oct 31 2022 // Aurubis, Europe’s biggest copper smelter, said on Friday it had been targeted as part of a wider cyberattack on the metals and mining industry which had forced it to shut down its IT systems and disconnect them from...
People Moves: Argenta Taps AXIS Re’s Haynes as Marine XoL U/W; Fusion Names Senior Hires in Singapore, Hong Kong; BMS Appoints Tesei for European Energy Reinsurance
Oct 27 2022 // This edition of International People Moves details appointments at Argenta Syndicate Management Ltd. (ASML), Fusion and BMS Group. A summary of these new hires follows here. Argenta Appoints AXIS Re’s Haynes as...
Brexit Results in ‘Substantial Negative Impact’ on Trade Between UK and EU: Report
Oct 19 2022 // Brexit resulted in a “substantial negative impact” for trade in both directions between the European Union and the UK, according to Ireland’s Economic and Social Research Institute. Trade from UK to the...
EU’s Sanctions Against Russia Could Deprive Some of World’s Tanker Fleet of Insurance
Oct 19 2022 // The European Union’s latest sanctions on Russian petroleum could end up depriving a swath of the world’s tanker fleet of industry standard insurance, a move that threatens to undermine US efforts to avert an...
EU, U.S. Eye Level Playing Field for EU Electric Cars in U.S. Market
Oct 14 2022 // European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric car makers, the same status as U.S. ones in the U.S. market, to avoid what the EU calls discrimination against...
Europe, U.S. East Coast Likely to Avoid Unusually Cold Winter: Climate Model
Oct 14 2022 // Europeans and people living on the US East Coast are more likely to experience mild temperatures than a deep freeze this winter, easing any potential heating-fuel constraints at a time when energy costs are...
Google Faces EU Antitrust Charges Over its Ad-Tech Business
Oct 13 2022 // Alphabet unit Google could face antitrust charges next year over its digital advertising business, with EU regulators frustrated over the slow pace of settlement talks with the company, people familiar with the matter said...
QBE Opens Dutch Branch as Part of Europe Expansion Plans; 5 Senior Hires Announced
Oct 12 2022 // QBE said it will begin writing business in the Netherlands, incepting from January 2023, now that it has received regulatory approval from the DNB (De Nederlandsche Bank). The company first announced its plans to launch a...
EU’s Russia Oil Sanctions, Effective in December, Are Already Hitting Nation’s Trade
Oct 11 2022 // European Union sanctions on Russian oil might still be eight weeks away, but they’re hitting trade in the nation’s crude already. The bloc’s measures, including a ban on insuring tanker shipments, enter...
UK Market Turmoil Threatens Plans for Post-Brexit Reforms for Insurers
Oct 6 2022 // Reforming European Union insurance rules to release billions of pounds of capital is a key part of the UK government’s program to boost the economy. The market turmoil unleashed by the mini-budget may make such...
Meta Could Face Hefty Fine as EU Probe Into Massive Data Leak Draws to Close
Oct 5 2022 // Meta Platforms Inc. could face a hefty fine as a probe by a key European Union privacy watchdog into the leak of the personal data of more than half a billion users last year draws to a close. The Irish Data Protection...
People Moves: Miller Launches Dedicated Bloodstock and Livestock Team, Led by WTW’s Horne; CNA Hardy Expands Teams Across Lines in Continental Europe
Oct 4 2022 // This edition of International People Moves details appointments at broker Miller and CNA Hardy. A summary of these new hires follows here. Miller Launches Dedicated Bloodstock and Livestock Team, Led by WTW’s...
Ardonagh Europe Completes Acquisition of Dutch Broker Léons Group
Oct 4 2022 // Ardonagh Europe Ltd., a subsidiary of The Ardonagh Group, announced that it has completed the acquisition of Léons Group, an independent family-owned insurance brokerage and consultancy firm in the...
NFP Unifies Irish Subsidiaries to Support European Expansion
Oct 4 2022 // NFP, the New York City-based property/casualty insurance broker and consultant, announced it will rebrand two acquired firms in Ireland: Aiken Insurances and ReSure Corporate Brokers. By combining the two firms’...
