Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Lawmakers Aim to Ensure UK Financial Services Stay Competitive Globally After Brexit
Nov 20 2020 // Britain’s lawmakers launched an inquiry on Friday aimed at ensuring its financial services remain globally competitive after the country’s full departure from the European Union next month. “We’ll...
World Encouraged by Moderna, Pfizer Vaccines’ Success in Trials
Nov 16 2020 // Moderna Inc.’s experimental vaccine is 94.5% effective in preventing COVID-19 based on interim data from a late-stage trial, the company said on Monday, becoming the second U.S. drugmaker to report results that far...
U.S. Expected to Grant Safety Clearance for Boeing’s 737 MAX This Week
Nov 16 2020 // After a standoff with global regulators, management turmoil and a massive safety review, Boeing Co. is set to win U.S. approval on Wednesday to resume flights of its grounded 737 MAX. But the largest U.S. airplane maker...
Goldman Eyes More Business From Europe’s Insurers With Barclays Hire
Nov 13 2020 // Goldman Sachs has poached Barclays’ insurance banker Marguerite Bion to win more business from Europe’s biggest insurers as industry consolidation heats up amid anemic profitability and tightening...
U.S. Sanctions to Target Insurers In Fight Against Russia-to-Germany Nord Stream 2
Nov 12 2020 // The U.S. is drawing up additional sanctions on the Nord Stream 2 natural gas pipeline project, the latest obstacle in the path of the 9.5 billion-euro ($11.2 billion) Russia-to-Germany link that’s been halted almost...
UK Hopes New Task Force Reassures Business Leaders Over Brexit
Nov 12 2020 // Britain will attempt to reassure nervous business leaders that it appreciates the need for clarity on rules outside of the European Union by setting up a task force to discuss challenges 50 days before the transition...
EU Still Seeking Clarity Over Britain’s Financial Services, Insurance Rules
Nov 10 2020 // The European Commission is still waiting for Britain to say if it will diverge from European Union rules before Brussels can decide on UK financial market access, a spokesman for the EU executive body said on...
Q&A: Where Drugmakers Are in the Race for COVID-19 Vaccine
Nov 9 2020 // Drugmakers and research centers around the world are working on COVID-19 vaccines, with large global trials of several of the candidates involving tens of thousands of participants well underway. The following is what we...
EU Warns of New Wave of Consumer Scams Amid COVID Resurgence
Nov 9 2020 // The European Commission on Friday urged online platforms to gird for a fresh wave of consumer scams linked to the resurgence of COVID-19 infections in Europe and said they need to work harder against the spread of...
Coverys European Holdings Subsidiary Acquires Lloyd’s Italian Coverholder Gava
Nov 5 2020 // AEC Wholesale Group, a subsidiary of Coverys European Holdings (CEH), announced the acquisition of Gava S.R.L, a Lloyd’s coverholder based in Brindisi, Italy. AEC Group will assume 100% ownership of Gava, bringing...
Brexit Negotiations to Continue This Week as EU, UK Push to Save Trade Deal
Nov 2 2020 // EU and British Brexit negotiators will continue talks in Brussels on Monday and until around mid-week, sources on both sides said on Sunday, in a sign both sides are still pushing to avoid a damaging breakdown in trade in...
Facebook Faces UK Legal Action Involving Cambridge Analytica Scandal
Oct 29 2020 // Facebook Inc. risks being dragged into a UK legal dispute involving almost 1 million British users affected by the Cambridge Analytica scandal, two years after revelations about the misuse of private data caused a global...
London Must Clarify How Far It Will Diverge from EU Financial Rules: EU Official
Oct 28 2020 // Britain must spell out how far it wants to diverge from European Union rules if it wants access to the bloc’s financial market from January, a top European Commission official said on Tuesday. Britain has left the EU...
Slabbert Succeeds Clementi as Chief Executive Officer of MS Amlin Underwriting Ltd.
Oct 28 2020 // MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s re/insurer, announced the appointment of Johan Slabbert as chief executive officer. Slabbert will take up the role on Nov. 1, 2020, subject to regulatory...
Marsh Appoints Klint as Risk Management Segment Leader for Continental Europe
Oct 27 2020 // Insurance broker Marsh announced the appointment of Carolina Klint as risk management leader for Continental Europe. Based in Stockholm, Klint will report to Siegmund Fahrig, CEO of Marsh Continental Europe. In her role,...
Insurers Face Liability Uncertainties as Ships Begin to Sail Through Arctic Waters
Oct 27 2020 // When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go wrong. Double the manpower is needed to navigate. Lookout shifts are kept to just one hour, so sailors don’t lose...
Coverys European Holdings Acquires Bridge Insurance Broker in Italy
Oct 26 2020 // Coverys European Holdings (CEH), an agency platform and network specializing in European markets, has completed the 100% acquisition of Bridge Insurance Broker S.R.L, a Lloyd’s wholesale broker and coverholder based...
Big Tech Lobby Seeks EU Liability Cover to Tackle Hate Speech, Illegal Content
Oct 26 2020 // Big technology platforms are calling on the European Union to protect them from legal liabilities for removing hate speech and illegal content as government scrutiny over how platforms manage user posts grows worldwide. A...
More Companies Turn to Captives as Rates Rise, Terms & Conditions Tighten
Oct 26 2020 // Fed up with rising prices and more stringent terms and conditions for their insurance policies as a result of the coronavirus pandemic, companies are turning to in-house insurance firms. These so-called...
Nearly 50% of UK Firms Less Prepared for Brexit Because of Coronavirus: Survey
Oct 21 2020 // About half of UK firms are less prepared for Brexit compared to last year due to the impact of the coronavirus pandemic, a sign of Britain’s vulnerability to disruption when it quits the European Union’s single...
