Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Winter Storm ‘Bomb’ Watch Begins From New York to Europe
Dec 5 2014 // As fall gives way to winter, meteorologists from the U.S. East Coast to the shores of Western Europe will be watching for signs that the next storm heading their way will turn into a bomb. That’s right — a...
Global Car Insurers Offer Discounts – If They Can Monitor Driving Data
Dec 2 2014 // Insurance companies around the world are promising lower rates on car coverage. The catch is they want to install the equivalent of an airplane’s black box to track how and where you drive. Smartphone applications...
Spain’s Mapfre Seeking to Make Acquisitions in Europe and U.S.
Dec 1 2014 // Mapfre SA, the biggest insurer in Spain, is seeking to expand and may make acquisitions in Europe and the U.S., Chairman Antonio Huertas said. The company isn’t constrained by regulators’ efforts to stiffen...
Lengthy Period of Low Interest Rates May Hurt Some European Insurers
Dec 1 2014 // One in four European insurers may struggle to meet promises to policyholders in a prolonged period of low interest rates, the European Union’s insurance watchdog said following a stress test of the industry. These...
Swiss Re Economists Forecast ‘Modest’ Global Growth
Nov 26 2014 // Swiss Re’s Chief economist, Kurt Karl and his colleague, Senior Economist Roman Lechner, presented a somewhat cautious scenario for the global economy over the next two years. As detailed in Swiss Re’s...
Global Insurers to Bid for Insurance, Pension Units of Halkbank in Turkey
Nov 12 2014 // Insurers from Europe, Asia and the United States are among some 20 potential bidders in the sale by Turkey’s state-run Halkbank of its pension and insurance arms, three sources close to the process said on...
Allied World Europe Appoints Beerli, VP, Onshore Construction
Nov 12 2014 // Allied World Assurance Company Holdings, AG announced that Allied World Europe has appointed Roman Beerli, Vice President, Onshore Construction. He will be responsible for underwriting onshore construction projects...
The War that Changed the World – in Commemoration
Nov 11 2014 // On the 11th of November 1914 the 1st World War, or the ‘Great War,’ had already lasted more than three months, and predictions that it would be over by Christmas had largely evaporated. The failure of...
ACE Report Urges Risk Managers to Reexamine Capabilities of Insurer Partners
Nov 11 2014 // ACE urged risk managers at multinational European companies to reexamine the capabilities of their global insurance partners as the international regulatory and business environment grows increasingly complex. The...
Arch Insurance Europe Buys Resource Underwriting Pacific in Australia
Nov 11 2014 // Arch Insurance Europe has acquired 100 percent of Resource Underwriting Pacific Pty Ltd (RUPPL), the Melbourne-based MGA. RUPPL will be added to Arch Insurance Europe’s current holdings in Australia. James...
Kiln, Tokio Marine Europe Rebrand as Tokio Marine Kiln
Nov 10 2014 // Kiln and Tokio Marine Europe announced that they have “sealed their union today by formally rebranding as Tokio Marine Kiln,” concentrating on international specialist and corporate insurance. The newly...
FERMA Calls on EC to Renew Insurance Block Exemption Regulation
Nov 7 2014 // In a response submitted to the European Commission on Tuesday 4 November, the Federation of European Risk Management Associations (FERMA) has called for renewal of the Insurance Block Exemption Regulation (IBER) for...
CNA Appoints Execs to Hardy’s Energy, Marine, Aviation Team
Nov 6 2014 // CNA Financial Corporation announced several senior appointments to the Energy, Marine and Aviation (EMA) team of London-based Hardy (Underwriting Agencies) Limited, an independent wholly-owned, indirect subsidiary of CNA,...
Low Disaster Claims Boost Profits in Third Quarter for European Insurers
Nov 6 2014 // European insurers posted strong increases in earnings in the third quarter, helped by a slump in payouts for catastrophe damage, rising premium income, cost cuts and a weaker euro. Besides losses from the Malaysia Airlines...
EU Cyber Watchdog Warns: More Money, Action Needed to Combat Hackers
Nov 5 2014 // Banks need to put more money into combating hackers who have the potential to wreak havoc throughout the continent, the director of the European Union’s cybersecurity agency said. “We don’t know if there...
Foreign Mortgage Bond Buyers Surpass Danish Pension Funds, Insurers
Nov 4 2014 // International investors are overtaking Danish pension funds and insurers as the biggest buyers of the Nordic country’s covered mortgage bonds, creating new risks for the $500 billion market. The institutional...
Zombie Storms Cause Damage After Hurricanes
Oct 31 2014 // A hurricane may lose its name, its structure and even its place on National Hurricane Center tracking maps. None of that is a guarantee the storm’s meteorological energy won’t keep making mischief. While still...
Aviva New Business Growth Driven by Europe and Asia Operations
Oct 30 2014 // Aviva plc, the U.K.’s second-biggest insurer by market value, reported a 15 percent rise in new business in the first nine months of the year, driven by its European and Asian operations. The value of new business, a...
Remnants of Hurricanes Still Can Be Powerful – and Dangerous
Oct 28 2014 // A hurricane may lose its name, its structure and even its place on National Hurricane Center tracking maps. None of that is a guarantee the storm’s meteorological energy won’t keep making mischief. While...
Climate Change Represents Risks and Opportunities for Corporations
Oct 27 2014 // Danish climate scientist and TV weatherman Jesper Theilgaard told risk managers from some of Europe’s leading companies that they should not treat climate change as a “doomsday” scenario. Instead, he...
