Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
No-Deal Brexit Grows More Likely as UK-EU Trade Talks Remain Deadlocked
Dec 11 2020 // Britain is likely to complete its journey out of the European Union in three weeks without a trade deal, British Prime Minister Boris Johnson and European Commission chief Ursula von der Leyen said on Friday. Britain quit...
Cyber Attack on EU Drug Regulator Has Not Disrupted Work on COVID-19 Vaccines
Dec 11 2020 // BRUSSELS – The head of the European Union drug regulator said on Thursday the agency’s work assessing COVID-19 vaccines had not been disrupted by a cyber attack that took place in the past two weeks. U.S. drugmaker...
Lemonade Launches in France in Its Third European Country
Dec 9 2020 // Lemonade, the New York City-based insurance company powered by artificial intelligence and behavioral economics, has launched in France. The launch marks the third EU country Lemonade has entered, following the...
EU Tells London Banks, Insurers to Get Used to Limited Access
Dec 8 2020 // Britain’s huge financial sector will never again have the same access to the European Union as it did when the country was a member of the bloc, the EU’s financial services chief said. Brexit makes it...
EU Privacy Agency Does Not Expect New EU-US Data Privacy Accord Any Time Soon
Dec 7 2020 // Companies hoping the EU and the new U.S. administration will soon strike a new transatlantic data transfer pact to replace one struck down by a court will probably have to wait months for any result, the head of the EU...
Fears Grow of No-Deal-Brexit Chaos as EU-UK Standoff Continues
Dec 7 2020 // BRUSSELS/LONDON – Post-Brexit trade talks hung in the balance on Monday as Britain and the European Union made a last-ditch attempt to bridge significant differences and reach a deal that would avoid a disorderly exit in...
Brexit Trade Talks at ‘Very Difficult Point’ as Clock Ticks to Year-End Deadline
Dec 4 2020 // LONDON/BRUSSELS – European Union officials said on Friday a post-Brexit trade deal could finally be clinched this weekend, but London insisted that negotiations were still “very difficult” and it was...
Brexit Trade Negotiations Are Making ‘Good Progress’
Dec 3 2020 // BRUSSELS – European Union diplomats said on Thursday they hoped a Brexit trade deal with Britain could be agreed by Friday or at the weekend, and EU officials said negotiators were likely to review progress in the next...
Fairfax Announces Sale of RiverStone Europe to Private Equity Firm CVC
Dec 2 2020 // Fairfax Financial Holdings Ltd. announced it has entered into a binding agreement with CVC Capital Partners (CVC) to sell all of its interests in RiverStone Europe to private equity firm CVC Capital Partners for...
BHSI Hires Macfarlane to Lead Downstream Energy Property in Europe
Dec 1 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced it is expanding its capabilities in Europe to underwrite downstream energy property insurance and has named Tom Macfarlane to lead this business segment. “This...
No-Deal Brexit Is Still Possible with Trade Talks Remaining Snagged
Dec 1 2020 // A senior British minister said on Tuesday there was still a chance of a turbulent Brexit without a trade deal as talks with the European Union had snagged on fishing, governance rules and dispute resolution. Just 30 days...
Lloyd’s Gets Nod to Transfer European Policies to Lloyd’s Europe in Time for Brexit
Nov 30 2020 // Lloyd’s, the world’s leading insurance and reinsurance market, has received final approval from the High Court of England and Wales to transfer policies in the European Economic Area to Lloyd’s Insurance...
HDI Global Specialty Renews Agreement with German MGA AMANIKI
Nov 30 2020 // HDI Global Specialty SE has announced the renewal of its underwriting agency agreement with German M&A insurance specialist MGA, AMANIKI. The agreement also sees AMANIKI move from a co-insurance panel of capacity...
Vienna Insurance Bolsters Position in E. Europe with Purchase of Aegon Unit
Nov 30 2020 // Vienna Insurance Group AG bolstered its position as the biggest insurer in central and eastern Europe by agreeing to buy Aegon NV’s business in the region and in Turkey for 830 million euros ($990 million),...
Europeans Buy Older Cars to Avoid Public Transport During Pandemic
Nov 30 2020 // LONDON/MADRID – Want a cheap used car to nip around town without running the gauntlet of coronavirus on public transport? Welcome to Pandemic Motors, we have just what you need. Across Europe, people are snapping up old...
Established Insurers Could See Market Share Squeezed by Fintechs, EU Says
Nov 25 2020 // Established insurers will face a squeeze on profits and market share as new financial technology companies muscle in on the industry, a senior European Union official said on Wednesday. More fintech firms are expected to...
Brexit Trade Talks Make ‘Genuine Progress,’ but Risk of No Deal Remains
Nov 25 2020 // The head of the European Union’s executive on Wednesday reported “genuine progress” in Brexit talks but said the risk of Britain leaving the EU without a new trade deal on Dec. 31 remained, an outcome she...
No-Deal Brexit Would Cause More Damage to UK than COVID: BoE’s Bailey
Nov 24 2020 // Bank of England Governor Andrew Bailey said on Monday a no-deal Brexit would cause longer-term damage to Britain’s economy than the COVID-19 pandemic, and the impact of the change might be felt for...
UK Finance Minister Is Optimistic About Brexit Deal – But Not at Any Price
Nov 23 2020 // British finance minister Rishi Sunak has said there is genuine progress in Brexit talks with the European Union, but that it would be better to walk away from a bad trade deal than tie Britain’s hands in the...
UK Hasn’t Compromised Enough for Brexit Trade Deal as Deadline Looms, EU Warns
Nov 20 2020 // The European Union warned that the UK hasn’t moved sufficiently to overcome the three main obstacles to a post-Brexit trade deal as three of the bloc’s leaders called for contingency plans to be stepped up in...
