Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
European Central Bank Calls for ‘Deeper Understanding’ of Climate Risks
May 29 2019 // Climate change could hit bank balance sheets with a knock-on effect on financial stability, the European Central Bank warned on Wednesday. In a special feature for its semi-annual Financial Stability Review on Wednesday,...
European Regulators Vow Independent Review of Boeing 737 Safety
May 29 2019 // European regulators assessing changes to Boeing Co.’s grounded 737 Max will scrutinize the jet’s entire flight-control system before a return to the skies can be approved. The review by the European Union...
What is the North Atlantic Oscillation, and why does it matter?
May 28 2019 // This post is part of a series sponsored by CoreLogic. Worldwide, properties tend to be built according to certain standards which generally take into account the severity of the predominant natural perils affecting a...
Insurers Gaining, Banks Losing Ground in Finance, Says European Central Bank Governor
May 28 2019 // The role of banks as providers of finance has started to erode in Europe and some other parts of the world, the Bank of Finland’s governor Olli Rehn said on Friday, calling for new central bank tools to safeguard...
UK Prime Minister to Resign on June 7, Paving Way for Possible No-Deal Brexit
May 24 2019 // Fighting back tears, Theresa May said on Friday she would quit, setting up a contest that will install a new British prime minister who could pursue a cleaner break with the European Union. May’s departure deepens...
EU’s Landmark Data Privacy Law, GDPR, Already Providing Global Standard
May 23 2019 // A landmark European privacy law is making waves worldwide a year after it came into force, fundamentally changing the way data are handled as Facebook, Apple and Google face increasingly frequent complaints. Adopted on May...
Verisk Reorganizes Geomni Business to Enhance UK and Europe Solutions
May 23 2019 // Verisk’s GeoInformation Group, a provider of geospatial products, has been folded into Verisk’s Geomni business and renamed Geomni UK. The addition of Geomni UK to Verisk’s Geomni business will enhance...
Generali in Early Negotiations to Buy MetLife’s Central European Assets: Sources
May 22 2019 // Assicurazioni Generali SpA is in early talks to buy the Central European assets of MetLife Inc. as the Italian insurer seeks to expand through acquisitions in high-growth markets, according to people with knowledge of the...
Sompo International Taps Pützer from Amlin as Head of Financial Lines in Germany
May 21 2019 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty re/insurance, announced that Udo Pützer has joined the company’s European insurance platform as head of Financial Lines...
UK Financial Services Industry Will Emerge Stronger from Brexit: Gov’t Ministers
May 21 2019 // Britain’s finance industry will emerge stronger from Brexit, remaining one of the world’s top financial centers, ministers in Prime Minister Theresa May’s government forecast on Monday. Since Britain...
Airlines Urge Nations’ Regulators to Avoid Competing Safety Rules
May 20 2019 // Global airlines urged regulators on Friday not to compete over setting new safety rules, after two crashes led to the grounding of the Boeing 737 MAX and raised questions about the international influence of the U.S....
UK Risk Managers List Brand Damage, Brexit, Cyber Attacks as Top 3 Business Risks
May 20 2019 // The top three risks facing UK risk managers are reputational damage, Brexit and cyber attacks, according to Aon’s 2019 Global Risk Management Survey of thousands of risk managers across 60 countries and 33...
UK Companies Fed Up with Politicians as Cost of Brexit Uncertainty Mounts
May 20 2019 // As the cost of the Brexit turmoil mounts for British companies, business leaders are fed up with the U.K.’s political class. And with Prime Minister Theresa May’s tenure coming to an end, they worry about the...
Bank of England Warns Against Weakening Rules for Insurers, Banks After Brexit
May 17 2019 // Weakening rules for banks and insurers after Brexit would be “anathema,” but Britain could change its style of regulating to respond faster to change, Bank of England Deputy Governor Sam Woods said on...
Boeing 737 Max Crashes Could Cost European Insurers $450 Million
May 17 2019 // Europe’s biggest insurers are on the hook for as much as $450 million from a pair of airline crashes involving Boeing Co. 737 Max planes. Munich Re reckons it could pay 150 million euros ($168 million), an estimate...
California’s New Climate and Sustainability Chief in Talks with Insurers
May 16 2019 // Powered by InsuranceJournal.tv Michael Peterson has had about five months to come in and tackle what promises to be unique job. Peterson is California’s deputy commissioner for climate and sustainability. After...
Monsanto May Have Kept Private Data on Europeans to Influence Pesticide Views
May 15 2019 // Bayer said on Monday its Monsanto unit, which is being investigated by French prosecutors for compiling files of influential people such as journalists in France, likely did the same across Europe, suggesting a potentially...
Allianz Wins Shareholder Approval for New Executive Pay Policy
May 9 2019 // Allianz SE won shareholder approval for its new policy on management-board pay, avoiding the sort of investor backlash seen at some European firms in recent years. The German insurer proposed increasing the importance of...
Update: Generali Eyes Acquisitions of Small and Medium-Sized European Insurers
May 7 2019 // Italy’s biggest insurer Generali is looking at small and medium-sized insurance companies in Europe to strengthen its presence in the region, it said on Tuesday. Generali said in November it had up to 4 billion euros...
Berkshire’s Buffett Wants to Do More Business in UK and Europe, Regardless of Brexit
May 6 2019 // Billionaire Warren Buffett wants to do more business in the United Kingdom and Europe regardless of how Brexit turns out. The Berkshire Hathaway Inc. chairman and chief executive officer said he would “love to put...
