Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
BHSI Taps Executives from AIG and AXA XL as Claims & Product Line Leaders in France
Sep 19 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its leadership team in France, naming Katell Pouliquen as head of Claims, Louis du Ché as head of Property and Ludovic Ruiller as head of...
Risk of No-Deal Brexit Is Now ‘Palpable,’ Says EU’s Juncker
Sep 18 2019 // European Commission President Jean-Claude Juncker said on Wednesday that the risk of a no-deal Brexit on Oct. 31 is now “palpable,” sparking a drop in the pound. Juncker, speaking to the European Parliament in...
Lloyd’s Expects ‘Sobering’ Results from Survey of Workplace Culture
Sep 18 2019 // Lloyd’s of London expects “sobering” results from a survey of the workplace culture at its member firms, the insurance market’s chairman said on Wednesday as a rise in investment income drove a...
Prime Minister Johnson’s Brexit Plan Goes to Court as Latest EU Talks End in Failure
Sep 17 2019 // Boris Johnson’s Brexit strategy has been on trial ever since he became prime minister eight weeks ago, and on Tuesday his lawyers will defend it in the U.K.’s highest court. Fresh from being lambasted by a...
U.K. Police Drop Probe Into Pro-Brexit Group Leave.EU, Co-Founded by Insurance Exec
Sep 13 2019 // U.K. police dropped an investigation into whether Brexit supporting campaign Leave.EU breached electoral law, saying there was insufficient evidence to justify any further criminal probe. While Leave.EU made some...
Euro Zone to Launch Public Cryptocurrency in Response to Threat of Facebook’s Libra
Sep 13 2019 // Euro zone governments and central banks are working on a long-term plan to launch a public digital currency that they hope would make redundant projects like Facebook’s Libra, which is seen as a risk to financial...
U.K. Prime Minister Warned that Parliament ‘Forcefully’ Will Try to Stop No-Deal Brexit
Sep 13 2019 // Boris Johnson’s Brexit troubles deepened as the Speaker of the House of Commons warned him Parliament will “forcefully” try to stop him taking Britain out of the European Union without a deal. The premier...
UK Government Will Not Delay Brexit, Says PM Johnson
Sep 10 2019 // Prime Minister Boris Johnson said on Tuesday he would not request an extension to Brexit, hours after a law came into force demanding that he delay Britain’s departure from the European Union until 2020 unless he can...
Aon Launches Real-Time Loss Forecasting for U.S. Hurricanes, European Windstorms
Sep 9 2019 // Aon plc has launched Automated Event Response (AER), designed to enable insurers to view real-time portfolio risks from two of the costliest perils: U.S. hurricane and European windstorm. Insurers, which aim to indemnify...
With U.S. Leadership Grounded, Global Regulators Worry About 737 Precedent
Sep 5 2019 // The head of the International Air Transport Association (IATA) warned on Tuesday that any discrepancy among global regulators over re-approving Boeing Co.’s 737 MAX for commercial flight could set a worrying...
Ryan Specialty Group’s Transactional Risk Unit, Hunter George, Gets a Name Change
Sep 4 2019 // Ryan Specialty Group Europe announced that its London-based transactional risk managing general underwriter, Hunter George & Partners, is changing its name to RSG Transactional Risks Europe. The dedicated transactional...
UK PM’s Brexit Plan Suffers Humiliating Defeat as Election Fight Looms
Sep 4 2019 // U.K. Prime Minister Boris Johnson began moves to trigger a snap general election after suffering a humiliating defeat for his Brexit strategy that left his ruling party in tatters. A fresh poll to choose a new government...
UK Finance Minister Tells Executives Finance Sector Is His Priority as Brexit Nears
Sep 3 2019 // British finance minister Sajid Javid told representatives of the country’s financial services industry on Monday that the sector was a top priority for him as the country prepares to leave the European Union, a...
Brexit Is Moving £61 Billion in London Insurance Business to Rival Financial Centers
Sep 3 2019 // London’s outsized role in the global insurance industry is being whittled down by Brexit. As much as 61 billion pounds ($75 billion) of business is shifting to rival financial centers in the European Union as a...
European Insurers Are Having a Rough Time This August – Here’s Why…
Aug 29 2019 // European insurers are having a rough time. Already carrying the burden of low yields eroding their investment income, disappointing earnings as well as some companies’ exposure to Asia are making things even...
Study of European Flood Trends Finds North-South Climate Variances
Aug 29 2019 // European river flooding has grown more intense in northwestern Europe and decreased in the south over the last half century, according to a study by nearly four dozen researchers. The work, which is the first documentation...
U.K. Prime Minister Rolls the Dice on City of London’s Future: Opinion
Aug 29 2019 // Not long after Britain voted to leave the European Union, the City of London’s chiefs grudgingly began hammering out plans for the worst: that Britain might eventually abandon the EU’s single market. Now the...
U.K. Prime Minister Johnson Forces Brexit Showdown
Aug 29 2019 // British Prime Minister Boris Johnson’s move to suspend parliament and come good on his promise to avoid any more delays to Brexit has set the clock running for his opponents to thwart him. The question is whether...
African Swine Fever Spreads Further in Eastern Europe
Aug 28 2019 // A deadly pig virus is spreading further in eastern Europe as the region struggles to contain a long-running outbreak of the disease. Serbia has reported its first suspected cases of African swine fever, just weeks after...
Opioid Epidemic Could Threaten Europe Too: Viewpoint
Aug 28 2019 // As drugmakers are being held responsible for fueling the U.S. opioid epidemic, it might look at though they have nothing to fear in Europe, where, it’s often assumed, opioid misuse isn’t so rampant. The...
