Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Brexit Takes a Heavy Toll on UK Economy: Office for National Statistics
Feb 12 2019 // Mounting uncertainty over Brexit is weighing heavily on the British economy, which slowed last year to its weakest growth rate since the aftermath of the global financial crisis, official figures showed Monday. The Office...
Brexit Uncertainties Create Potential Legal Nightmare for UK Exporters
Feb 11 2019 // Business is brisk at Nim’s Fruit Crisps. Pineapples are imported from Costa Rica, kiwis from Italy and oranges and lemons from Spain. They’re then turned into healthy snacks for export to Israel, South Africa,...
Chubb Names Graswinckel as Segment Leader, Major Accounts, Continental Europe
Feb 11 2019 // Chubb announced the appointment of Peter Graswinckel as segment leader for Major Accounts in Continental Europe. In this newly created role, Graswinckel will be responsible for delivering tailor-made solutions and services...
Uber Faces $1.3B Tax Suit in UK from Lawyer Who Won Major Brexit Ruling
Feb 7 2019 // The lawyer who spearheaded a landmark court case — which ended with the European Union’s top court ruling that the U.K. can unilaterally reverse Brexit — appeared in court Wednesday for a fresh battle,...
Swiss Re Partners with Insurtech Firm OZON, Offering Cyber Risk Solution in France
Feb 5 2019 // Swiss Re Corporate Solutions is expanding its cyber offering by launching CyberSolution 360°, a risk management solution that combines insurance with cyber attack protection services. Developed in the exclusive...
UK’s Financial Services Industry Still Unscathed from Brexit Uncertainty: Reuters
Feb 5 2019 // Britain’s financial services industry has emerged largely unscathed so far from the build-up to Brexit, with about 2,000 roles expected to have moved or been created overseas even as the risk of a disorderly exit...
UK Corporates Readying for ‘Hardest of Brexits’: Deloitte Survey
Feb 4 2019 // Major British businesses’ appetite to take on financial risk has fallen to its lowest level in nearly a decade due to fears of “the hardest of Brexits” and rising U.S. protectionism, a survey by...
Businesses View Cyber, Business Interruption as Bigger Risks Than Catastrophes
Feb 4 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes...
January 1 Renewals Saw ‘Muted Impact’ from 2018’s Catastrophes; Results Partially Off-Set by Plentiful Capacity: Guy Carpenter
Feb 4 2019 // The overall impact of catastrophe losses on property rates was muted at the Jan. 1, 2019, reinsurance renewals, but the fourth highest annual catastrophe loss year on record did create questions over pricing adequacy,...
UK’s Eldon Insurance, Owned by Brexit Donor Banks, Fined for Data Misuse
Feb 1 2019 // The U.K.’s Information Commissioner’s Office fined Brexit supporting campaign Leave.EU and a linked insurance company 120,000 pounds ($156,000) for serious breaches of electronic marketing laws as it opens a...
Specialist Re/Insurance Broker THB’s Completes Leadership Transition for Europe Division
Jan 31 2019 // THB, the London-based specialist insurance and reinsurance broker, confirms the completion of its THB Europe leadership transition. Joaquim Caria retires today as managing director of THB Europe, which was first announced...
AXA Real Estate Unit Confident About Its London Skyscraper, Despite Brexit Uncertainty
Jan 31 2019 // It was a tricky time for the commercial real estate business in London. Within days, Britons would be voting on whether to remain in the European Union or leave. The French insurance giant AXA SA was trying to figure out...
UK Financial Sector Wants Deeper EU Access After Brexit Than Non-EU Countries
Jan 31 2019 // Britain’s financial sector needs stability to secure its future, along with deeper access to the European Union market after Brexit than what non-EU countries normally get, a senior industry official said on...
UK Parliament Asks Prime Minister to Reopen Brexit Divorce Negotiations
Jan 30 2019 // British lawmakers on Tuesday instructed Prime Minister Theresa May to reopen a Brexit treaty with the European Union to replace a controversial Irish border arrangement – and promptly received a flat rejection from...
Travelers Europe to Form Dublin Insurance Subsidiary Ahead of Brexit
Jan 30 2019 // Travelers Europe announced it has been granted a license by the Central Bank of Ireland to form a wholly owned insurance subsidiary in the Republic of Ireland. Based in Dublin, Travelers Insurance Designated Activity Co....
UK Financial Services Minister Confident Brexit Deal Will Be Agreed
Jan 29 2019 // Britain is working hard for a Brexit deal but it would still be prudent to put in place contingency measures in case no agreement is reached, UK financial services minister John Glen said on Monday. Parliament will vote on...
Irish Data Regulator Probes Twitter over Privacy Rules Breach
Jan 28 2019 // Twitter’s lead regulator in the European Union, the Irish Data Protection Commissioner (DPC), said on Friday it was investigating the company for a breach notification received from the social networking...
Here Are Range of Brexit Options Being Proposed by U.K. Parliament
Jan 28 2019 // With U.K. Prime Minister Theresa May refusing to budge from her Brexit position, members of Parliament are proposing a range of amendments demanding a change of direction. Some overlap and some complement each other. The...
U.S. Privacy Regulation Tested by Facebook Scandals
Jan 24 2019 // Facebook Inc.’s repeated privacy scandals have infuriated users, lawmakers and data-security advocates who are clamoring for a forceful government response. That job mainly falls to Joe Simons, who is under pressure...
Support Grows for Delaying UK’s Exit from EU, as Brexit Deadline Looms
Jan 24 2019 // The risk of a no-deal Brexit appears to be receding after calls for a delay to the U.K.’s exit from the European Union won powerful backing in London and other EU capitals. The pound rose. Senior figures in the...
