Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
UK Widens Lead as Europe’s Top Draw for Financial Services Investors
Jun 5 2023 // For all the gloom around the impact of Brexit on the City of London, the latest survey of Europe’s top destinations for foreign direct investment in financial services is a reminder of the UK’s continuing heft...
Markets/Coverages: U.S. Cannabis-Focused MGU Opens for Business in Europe
May 31 2023 // The North American managing general underwriter CannGen Insurance Services (CannGen) has launched a European operation amid expectations that the continent’s legal cannabis market is set for substantial...
Suspected State-Backed Hackers Hit Series of New Targets in Europe, SE Asia
May 31 2023 // A hacking group suspected of ties to an Asian government has broadened its targets to government agencies in countries including Indonesia and Thailand, carrying out cyber-espionage as recently as April, cybersecurity firm...
EU Sets Out Plans to Cut Price of Financial Products Offered by Banks, Insurers
May 24 2023 // The European Union set out plans on Wednesday to cut how much retail investors pay banks and insurers for financial products to encourage investment and make its capital market deeper and more efficient. The retail...
Analysis – EU Power Battle Could Hamper Proposed Safeguards for Financial Products
May 24 2023 // European Union plans to increase protections for consumers of financial services are reigniting a long-simmering power battle between national and EU regulators that could hamper how the tougher safeguards will be...
People Moves: Aspen Appoints Boon Head of Singapore; Liberty Mutual Hires Patrick Thielen Global Head of Cyber; Guy Carpenter Makes Senior Moves in Europe
May 22 2023 // Aspen Appoints Boon as Head of Singapore; Morely Relocates to London Aspen Insurance Holdings Limited has appointed industry veteran Tay Boon Chuan as head of Singapore, effective June 1. Aspen is headquartered in...
EU Spat Over Nuclear Energy Escalates as Key Vote Is Delayed
May 18 2023 // A key element of the European Union’s Green Deal package has been delayed after France, the bloc’s biggest supporter of nuclear power, said it won’t back a law to scale up renewable energy. Member-state...
Stellantis Tells UK to Change Brexit Deal or See Car Plants Close
May 17 2023 // British car plants will close with the loss of thousands of jobs unless the Brexit deal is swiftly renegotiated, Stellantis has warned, as Ford added its voice to the latest warning from the auto industry since Britain...
EU Weighs Cyber Plan Aimed at Keeping Cloud Data in Europe
May 15 2023 // The European Union is weighing a plan that would require cloud providers to store all of their data within the bloc in order to qualify for its highest cybersecurity certification. ENISA, the EU’s cybersecurity...
UK Drops Post-Brexit Plan to Scrap Thousands of EU Laws by Year’s End
May 12 2023 // Britain’s bonfire of European Union laws has been reduced to embers. The U.K. government on Wednesday scrapped a plan to remove all remaining EU laws, about 4,000 in all, from British statute books by the end of this...
Legislation to Govern AI Takes Another Step in Europe
May 11 2023 // European lawmakers came a step closer to passing new rules regulating artificial intelligence tools such as ChatGPT, following a crunch vote on Thursday where they agreed tougher draft legislation. The European...
East, Southern Europe Win as Firms Rethink Supply Chains
May 11 2023 // Low-cost economies in eastern and southern Europe are being increasingly favored for investment as companies around the world revamp supply chains to make them more resilient and cost-efficient, a study by professional...
EU Lawmakers Warn of Hungary, Poland Spyware Abuses
May 10 2023 // European Union lawmakers investigating the use of Pegasus spyware against opposition politicians and journalists on May 9 raised deep concern about abuses in Hungary and Poland and lamented a lack of cooperation with their...
No Quick Deal in Sight as EU Countries Start Talks on New Russia Sanctions
May 10 2023 // European Union states were holding a first discussion on Wednesday on proposed new sanctions over Russia’s war in Ukraine that would target Chinese and Iranian firms and allow export curbs on third countries for...
EU Set for Tough Talks After Lawmakers Back Stricter Methane Rules
May 9 2023 // The European Parliament voted on Tuesday in favor of rules that would force companies selling oil and gas in Europe to cut their methane emissions, setting itself up for tough negotiations with EU countries seeking weaker...
EU Plans Tough ‘Value for Money’ Rules for Investment Products: Draft Proposals
May 9 2023 // Banks, insurers and asset managers in the European Union would only be allowed to sell funds and other products across the bloc if they could prove to regulators they offer value for money, draft proposals seen by Reuters...
Hottest Ever April Recorded in Spain, Portugal as Heat Wave Hits Europe
May 9 2023 // Spain and Portugal recorded their hottest April on record as a mass of hot air brought temperatures above 30C and close to 40C in some areas at the end of the month. Last month was the fourth-hottest month of April on...
People Moves: BHSI Promotes 2 Regional Leaders for Europe, Middle East; Lockton Re Taps Guy Carpenter’s Hunter as a Senior Broker
May 2 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Lockton Re. A summary of these new hires follows here. BHSI Promotes 2 Regional Leaders for Europe,...
EU Lawmakers Back Human Rights, Environmental Checks for Big Companies
Apr 26 2023 // European Union lawmakers on Tuesday backed rules requiring thousands of large companies to identify and mitigate human rights abuses like child labor or slavery, and environmental damage by suppliers. The European...
People Moves: Howden Names Holz as CEO for Germany, Creating Howden Deutschland; Chubb Promotes Vaughan for High Net Worth Insurance Business in Europe
Apr 25 2023 // This edition of International People Moves details appointments at Howden Broking and Chubb. A summary of these new hires follows here. Howden Names Holz as CEO for Germany, Creating Howden Deutschland Howden, the...
