Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Leaked Analysis Paints Gloomy Post-Brexit Picture for UK: BuzzFeed Report
Jan 30 2018 // Britain’s economy will be worse off after Brexit whether it leaves the EU with a free trade deal, with single market access, or with no deal at all, according to a government analysis leaked to BuzzFeed News. The...
Bloomberg Interview with Lloyd’s CEO Beale in Davos: Economic Outlook, Asia Growth, Cyber, Brexit and More
Jan 26 2018 // Lloyd’s of London, the world’s oldest insurance market, is experiencing year-on-year growth of 100 percent in some of its Asian markets, where growing economies are fueling demand for cover from the...
Cyber VC Firm, Advised by Ex-Intelligence Officials, Plans Europe M&As
Jan 26 2018 // A venture capital fund advised by former British and U.S. intelligence officials is planning a string of acquisitions to create a pan-European cyber security specialist. C5 Capital aims to create a regional managed...
Insurance Industry Making ‘Significant Contributions’ in Climate Change Battle, Report Shows
Jan 25 2018 // The insurance industry is making significant contributions to building socio-economic resilience to climate change and supporting the transition to a low-carbon economy in their role as risk management experts and...
Insured Natural Disaster Losses in 2017 Were 38% of Economic Costs of $353B: Aon
Jan 24 2018 // Insured losses for last year’s 330 natural catastrophes reached US$134 billion, or 38 percent of their economic price tag of $353 billion, according to a report published by Impact Forecasting, Aon Benfield’s...
KKR-Backed Optiv Plans to Offer Cyber Security Services in Europe
Jan 24 2018 // Optiv Security, an acquisitive Denver-based company backed by private equity firm KKR, is expanding into Europe where it will offer its cyber security management and consultancy services, executives said on Tuesday. Optiv...
TigerRisk Names Beckers, from Aon, as Partner and Head of EMEA
Jan 23 2018 // TigerRisk Partners LLC, the Stamford, Conn.-based re/insurance broker, announced that Marc Beckers has been named partner and head of EMEA. Beckers, most recently head of Aon Benfield ReSolutions EMEA, is one of...
Facebook Responds to EU’s New Data Law with Changes to Privacy Controls
Jan 23 2018 // Facebook will make it easier for its more than 2 billion users to manage their own data in response to a tough new European Union law that comes into force in May, the social network’s Chief Operating Officer Sheryl...
Airbus Looks to Insurers to Fill Export Trade Funding Gap After Europe’s Freeze
Jan 23 2018 // Airbus said on Monday it is working with private insurance firms and banks to help fill a two-year gap in trade funding left by a European freeze on government export credits, but expects limited public financing to resume...
UK Government Hit for Failing to Publish Brexit Position Paper on Financial Services
Jan 23 2018 // Business leaders have criticized Britain’s government for its failure to publish a long-delayed paper on the future of its financial services industry after Brexit. Senior financiers say they were told after the...
London Market’s Priorities in 2018 Are Regulation, Brexit, Modernization: IUA
Jan 22 2018 // Regulatory developments, such as the EU’s new data protection law, will dominate priorities for the London company insurance market in 2018, according to the International Underwriting Association in its annual...
Companies Across Globe Race to Comply with EU’s Data Protection Law
Jan 22 2018 // Business is booming for software and privacy experts as companies across the globe spend millions of dollars to comply with a landmark European data protection law, even as many uncertainties remain about how the rules...
Luxembourg Sees No Reason to Change EU ‘Delegation’ Rules After Brexit
Jan 22 2018 // Luxembourg’s finance minister Pierre Gramegna said on Friday the European Commission should stick to the current rules that allow funds managed in London to be domiciled and regulated in another country. His comments...
Edison Motor Launches on Volante’s New UK-Based MGA Platform
Jan 19 2018 // Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, has announced the launch of Edison Motor and the appointment of Steven Dickie and Doug Ockwell as joint...
London’s Brexit-Related Job Losses Will Be Fewer Than 1st Feared: Policy Chief
Jan 19 2018 // Britain’s vast financial services industry will suffer far fewer job losses from Brexit than first feared, the City of London’s policy chief told Reuters, in remarks that will boost supporters of leaving the EU...
EU Will Reap Benefits of London Staying Strong Financial Hub After Brexit: Opinion
Jan 17 2018 // Last week, the U.K. government asked German business leaders for help in securing a good deal with the European Union on financial services. The request deserves to be taken seriously. Europe’s businesses have much...
Here Are Some Post-Brexit Scenarios Being Discussed for UK Financial Services
Jan 16 2018 // A stand-off between Britain and the European Union over the future of London’s vast financial services industry is shaping up as one of the key Brexit battlegrounds of this year. EU trade negotiator Michel Barnier...
CNA Hardy Names Middleton as CEO of Post-Brexit EU HQ in Luxembourg
Jan 12 2018 // CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, has appointed Stuart Middleton as CEO of its Luxembourg subsidiary, subject to regulatory approval. The...
Insured Losses for Europe’s Storm Egon Finalized at $329.7M by PERILS
Jan 12 2018 // The final insured loss estimate for windstorm Egon, which primarily affected France and Germany on Jan. 12-13, 2017, is €275 million (329.7 million), according to PERILS AG, the independent Zurich-based company that...
Insured Losses from Europe’s Storm Eleanor/Burglind Estimated at $1.3B-$1.9B: AIR
Jan 12 2018 // Insured losses from winter Storm Eleanor/Burglind, which hit northern Europe on Jan. 3, will range between €1.1 billion ($1.3 billion) and €1.6 billion ($1.9 billion), according to estimates from catastrophe modeling...
