Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
European Companies to Seek Chinese Assets in Sectors Such as Insurance, Healthcare
Jan 8 2021 // European companies are expected to hunt for assets in China, mainly in insurance, healthcare and automobile sectors, after the world’s second-largest economy and the European Union agreed to an investment deal last...
UK’s M&A Watchdog Emerges from EU’s Shadow with Massive New Powers
Dec 30 2020 // The UK’s parting of the ways from the European Union means that an obscure 7-year-old watchdog is about to gain massive new powers over corporate mergers. Itself the product of a merger of two failing regulators, the...
Brexit Ends Britons’ Right to Live and Work in EU – And Travel Insurance Is Essential
Dec 30 2020 // LONDON (AP) – So far, the large majority of British and EU citizens have not felt the realities of Brexit. Though the UK left the European Union on Jan. 31, it follows the bloc’s rules until the end of this year as...
European Freight Forwarders Reject UK Deliveries on Fears of Post-Brexit Border Chaos
Dec 30 2020 // European freight forwarders are rejecting contracts to take loads into the UK due to fears the chaos at Dover could be repeated post-Brexit. Transporeon, a German software company that monitors real-time data on freight...
Cross-Border Workers in Gibraltar to Retain Free Movement with Spain After Brexit
Dec 29 2020 // MADRID – Cross-border workers who commute between Gibraltar and Spain will be exempt from border controls after Brexit even if no agreement on free movement is reached with Britain, Spanish Foreign Minister Arancha...
SynchronoSure, American European to Offer General Liability for Small Trucking Firms
Dec 28 2020 // Synchrono Group, doing business under SynchronoSure, and American European Insurance Group (AEIG) have expanded their partnership to include trucker general liability insurance for small trucking companies. SynchronoSure...
What Will Brexit Trade Deal Mean for City of London?
Dec 28 2020 // LONDON – Britain, which left the European Union in January, loses full access to the bloc under transition arrangements that end at 2300 GMT on Dec. 31. The 27-nation EU is Britain’s biggest financial services...
EU and UK Clinch Narrow Brexit Deal, Just Days Before Transition Period Expires
Dec 24 2020 // Britain clinched a narrow Brexit trade deal with the European Union on Thursday, just seven days before it exits one of the world’s biggest trading blocs in its most significant global shift since the loss of...
Brexit Trade Deal Talks Enter ‘Final Stages’
Dec 23 2020 // BRUSSELS – Britain and the European Union are close to clinching a Brexit trade deal, diplomats said on Wednesday and, while it could still be days away, it appears that the estranged allies will avoid a turbulent...
Brexit Trade Talks in ‘Final Push’ to Resolve Rift over Fishing Rights
Dec 22 2020 // BRUSSELS/LONDON — The European Union is giving a “final push” in a bid to strike a Brexit trade deal with Britain, the bloc’s chief negotiator said on Tuesday. Britain is set to complete its...
Update: Aon Confirms EU Antitrust Probe of Merger with Willis Towers Watson
Dec 21 2020 // Aon plc confirmed that the European Commission (EC) has initiated a review of the company’s proposed $30 billion bid for Willis Towers Watson. Aon said the Phase II review is a common next step “for a...
PM Johnson Faces Deal-Or-No-Deal Choice as EU Balks at UK’s Brexit Demands
Dec 21 2020 // Boris Johnson faces a choice in the next few hours that will define his premiership: accept a trade deal with the European Union or go it alone. It could scarcely have come at a more difficult time for him. As he faces a...
Brexit Trade Talks Reach Impasse with Both UK and EU Demanding Compromise
Dec 18 2020 // BRUSSELS/LONDON – The European Union said on Friday there were just hours left to strike a Brexit trade deal while Britain called on the bloc to see sense as the two sides race to prevent a turbulent finale to the Brexit...
Solvency II Capital Rules for Insurers Need Changing: EU Watchdog
Dec 17 2020 // The European Union’s capital rules for insurers need changing to reflect low interest rates and provide stronger intervention powers like banning dividends to preserve solvency during market shocks, the bloc’s...
Brexit Trade Negotiations Make Progress but Success Still Isn’t Certain: EU Chief
Dec 16 2020 // BRUSSELS – Britain and the European Union have moved closer to sealing a new trade deal but it was still unclear if they would succeed, the bloc’s chief executive said on Wednesday. Britain and the EU are in the...
UK Insurtech Zego Gets Dutch Broking License, Enabling Post-Brexit Growth in EU
Dec 16 2020 // Zego, the London-based fleet and mobility insurance provider, has received a broking license from the Dutch regulator AFM. The license provides a foundation for the company’s continued expansion across Europe,...
Applied Underwriters Forms EU Subsidiary for Specialty Business in Europe, Middle East
Dec 16 2020 // Omaha-based insurer Applied Underwriters Inc. announced it has formed Applied Financial Lines Ltd., a new European subsidiary, which will operate from Paris and Cologne. The new company will underwrite several specialty...
Aon’s $30B Bid for Willis Towers Watson Faces EU Probe: Reuters
Dec 15 2020 // BRUSSELS – Aon’s $30 billion bid for Willis Towers to create the world’s largest insurance broker faces a full-scale investigation because of its complexity, two people familiar with the matter said. The...
Tortuous Brexit Trade Talks Get New Breath of Life but Next Few Days Are Critical
Dec 14 2020 // BRUSSELS/LONDON – European Union Brexit negotiator Michel Barnier said on Monday that sealing a trade pact with Britain was still possible before the country’s final break with the 27-nation bloc on Dec. 31 but the...
Chubb Launches Digital Team for Continental Europe and UK & Ireland
Dec 11 2020 // Chubb has announced the creation of a new digital team for Continental Europe (CE) and the United Kingdom & Ireland (UK&I). The team has been formed to develop and execute the insurer’s plans to broaden its...
