Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Update: Cyber Attack at Aluminium Producer Norsk Hydro Causes Production Outages
Mar 19 2019 // Norsk Hydro ASA, one of the world’s biggest aluminum producers, suffered production outages after a cyber attack affected operations across Europe and the U.S. The company said it was still working to contain the...
The Strategy Behind Hamilton Insurance’s Move to Buy Pembroke, Ironshore Europe
Mar 15 2019 // Strategy plus some remarkably good timing helped lead to Hamilton Insurance Group’s first acquisition deal under the leadership of CEO Pina Albo. On March 14, Hamilton announced it would acquire Liberty...
Italy’s Generali to Seek Acquisitions in Europe, Asia and U.S., Says CEO Donnet
Mar 15 2019 // Italy’s top insurer Generali said it was ready to look around for growth opportunities in Europe, Asia and the U.S. on Thursday and said it was well positioned to achieve the targets it set in November for the years...
UK Lawmakers Vote Overwhelmingly to Ask EU for Brexit Delay
Mar 14 2019 // British lawmakers voted overwhelmingly on Thursday to seek a delay in Britain’s exit from the European Union, setting the stage for Prime Minister Theresa May to renew efforts to get her divorce deal approved by...
Hamilton to Buy Pembroke Managing Agency, Ironshore Europe DAC from Liberty Mutual
Mar 14 2019 // Hamilton Insurance Group Ltd., the Bermuda-based holding company of re/insurance operations in Bermuda and at Lloyd’s, announced it has signed a definitive agreement with Liberty Mutual Group to acquire the Pembroke...
UK Parliament Rejects No-Deal Brexit; Vote Planned to Delay EU Exit
Mar 13 2019 // British lawmakers on Wednesday overwhelmingly rejected leaving the European Union without a deal, paving the way for a vote to delay Brexit to seek a way out of Britain’s worst political crisis in...
EU Decision to Put Bermuda on List of Global Tax Havens ‘a Setback’: Premier Burt
Mar 13 2019 // Bermuda’s Premier David Burt on Tuesday called the European Union’s decision to put the British overseas territory on a list of global tax havens “a setback” but said he was confident it would soon...
Norwegian Air to Seek Compensation from Boeing for Costs of MAX Groundings
Mar 13 2019 // Norwegian Air said on Wednesday it will seek compensation from plane maker Boeing for costs and lost revenue after grounding its fleet of 737 MAX 8 aircraft in the wake of the Ethiopian Airlines crash. “We expect...
Update: Groundings of Boeing 737 MAX 8 Cascade Globally
Mar 13 2019 // Aviation regulators around the globe are grounding Boeing‘s 737 MAX aircraft following Sunday’s deadly plane crash in Ethiopia. Regulators in the United States, where Boeing is based, remained an...
PartnerRe Restructures P/C Business, Makes Changes to Executive Leadership Team
Mar 13 2019 // PartnerRe announced the company will reorganize its Property & Casualty (P&C) business segment into a regional structure while making several changes to its executive leadership team. Effective April 1, 2019,...
Brexit Chaos Continues as Parliament Again Defeats PM May’s EU Divorce Deal
Mar 13 2019 // British lawmakers crushed Prime Minister Theresa May’s European Union divorce deal on Tuesday, thrusting Britain deeper into crisis and forcing parliament to decide within days whether to back a no-deal Brexit or...
Luxembourg Attracts 50 Firms for Their Post-Brexit EU Headquarters
Mar 12 2019 // Luxembourg said it is “very pleased” that about 50 asset managers, insurers, and other financial firms have looked to the Grand Duchy as a foothold in the European Union once the U.K. leaves the bloc. “We...
Europeans Join Wave of Nations Halting Boeing 737 MAX Flights; Trump Comments
Mar 12 2019 // The European Union’s aviation safety regulator on Tuesday suspended all flights in the bloc byBoeing 737 MAX planes in the biggest setback yet for the U.S. planemaker following a crash in Ethiopia that killed 157...
Prime Minister May Strikes New Brexit Deal – But Will Parliament Approve?
Mar 12 2019 // Theresa May struck a deal to revise the terms of the U.K.’s divorce from the European Union but it’s unclear whether she’s done enough to win Parliament’s support in a crucial vote on Tuesday. After...
Brexit Talks ‘Deadlocked’ Despite Appeal to EU for Last-Minute Concession
Mar 11 2019 // Theresa May’s government declared Brexit talks are “deadlocked” as ministers urged the European Union to make a last minute concession to stop the deal being thrown out by Parliament this...
UK Businesses Confused About No-Deal Brexit Import Tariffs as Deadline Looms
Mar 8 2019 // Confusion around which goods will be subjected to U.K. import tariffs in a no-deal Brexit is exasperating companies as they seek to finalize preparations for the split. The government will reveal details of the plan only...
Update: Europe’s Dirty Money Could Total $1 Trillion, Says Anti-Corruption Investor Browder
Mar 7 2019 // Bill Browder, the investor who’s made a career of chasing money launderers, says the cases he’s brought against banks so far only represent a tiny fraction of the full amount in dirty money trying to get out of...
Lloyd’s Appoints Spink as Head of Global Operations
Mar 7 2019 // Lloyd’s has appointed Hayley Spink as head of Global Operations. In her new role Spink will provide operational leadership for Lloyd’s internal and market-wide programs, reporting to chief operating officer,...
Update – EU, UK Officials Pessimistic About Chances of Brexit Breakthrough: Sources
Mar 7 2019 // European and UK officials are pessimistic about the chances of a breakthrough in Brexit talks, with Britain accusing the bloc of intransigence and European negotiators worried that whatever they offer won’t be enough...
Aon Partners with Insurtech Skytek to Track Marine Risk Accumulations
Mar 7 2019 // Aon plc has partnered with software company Skytek to provide real-time monitoring of insurers’ marine risks, identifying accumulations for enhanced underwriting and reinsurance programs. In an era of mega-ports and...
