Latest Europe Headlines

All the headlines from our Europe Topic Page, ordered by recency.

Triggs Joins Aon Benfield Securities in Expansion Move

May 31 2013 // Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, announced the appointment of Nick Triggs, as a Managing Director in a new senior strategic...

Lower Ice Levels, Rule Changes to Boost Arctic Northern Sea Route

May 30 2013 // Shipping along the Arctic northern sea route is set to grow more than 30-fold over the next eight years and could account for a quarter of the cargo traffic between Europe and Asia by 2030, experts said on Wednesday. With...

Consumer Groups Fear Weaker Safety, Privacy Rules Under U.S.-EU Trade Pact

May 29 2013 // U.S. consumer groups plan to raise concerns on Wednesday about a proposed free trade agreement between the United States and the European Union, which they fear could weaken important government health, environmental and...

Consumer Groups Worry U.S.-EU Trade Pact Will Weaken Health, Privacy Regs

May 29 2013 // U.S. consumer groups plan to raise concerns on Wednesday about a proposed free trade agreement between the United States and the European Union, which they fear could weaken important government health, environmental and...

OECD Advises ECB to Come to Euro Zone’s Rescue Again

May 29 2013 // The European Central Bank, which shored up the euro zone last year, needs to act again to lift the bloc out of recession, the OECD said on Wednesday, calling for bold steps beyond just interest rate cuts. The 17-nation...

XL Promotes Sinz to Regional Manager Cont. Europe – Distribution/Network

May 28 2013 // The XL Group announced that it has promoted Kadidja Sinz to the role of Regional Manager Continental Europe in the Insurance segment’s Distribution and Network function. She will also continue as Country Manager for...

EU Lawmakers Back French Demands to Limit U.S. Trade Talks

May 24 2013 // European Union lawmakers voted on Thursday to limit the scope of a proposed free-trade deal between Europe and the United States, backing French demands to leave out culture and potentially irritating Washington. The...

S&P Applies Revised Insurance Criteria to 22 Reinsurers and Subs

May 24 2013 // Standard & Poor’s Ratings Services announced that it has reviewed its ratings on 22 large global reinsurance groups by applying its new ratings criteria for insurers, which were published on May 7, 2013. (See...

Insurers, Banks Leveraging Trade Talks to Change Dodd-Frank

May 23 2013 // U.S. bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis. While the companies say they...

Ratings Recap: Dubai Insurance, Jupiter, Ardelis, TT Club

May 23 2013 // A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable and affirmed the issuer credit rating (ICR) of “bbb” and the financial strength rating (FSR) of ‘B++’...

Daucourt Joins XL Group as COO Int’l. Property/ Casualty

May 22 2013 // XL Group announced the appointment of Thierry Daucourt as Chief Operating Officer of its International P&C Insurance business. He will be responsible for supporting the unit’s Chief Executive, Jason Harris, in...

European Union Set to Vote on ‘Too Big to Fail’ Law

May 20 2013 // A European Union law up for a vote on Monday will only fully shield taxpayers from bailing out troubled banks if there is a global framework as well, a top UK regulator said on Monday. Bank of England Deputy Governor Paul...

Emerging Markets to Lead in Insurance Growth: Munich Re

May 17 2013 // Emerging markets will see the highest growth in premiums for insurance companies this year and next, while Europe lags, according to the world’s biggest reinsurer, Munich Re. In a study published on Thursday, Munich...

U.S., European Retailers Divided on Safety Plan for Bangladesh Factories

May 16 2013 // A trans-Atlantic divide between European and U.S. retailers over how best to respond to fatal disasters in Bangladesh textile factories split wide open on Wednesday, with U.S. retailers claiming their European counterparts...

Terrorism & Political Violence Map: Aon Risk Solutions

May 15 2013 // The continued threat of a terrorist attack or political violence worldwide persists and is not going away anytime soon. Despite 19 countries showing improved terrorism and political violence ratings, according to...

North American Retailers Devising Own Bangladesh Workplace Safety Plans

May 15 2013 // North American retailers on Tuesday discussed forging their own Bangladesh safety agreement–an alternative to a legally binding accord that many European retailers have signed on to–though details of any...

DIMA’s CEO Examines Ireland’s Links to Re/Insurance and Europe

May 13 2013 // The European Insurance Forum, held in Dublin on the 9th and 10th of May, presented an opportunity to examine Ireland’s progress in overcoming the financial crisis that caused a severe recession beginning in 2008. It...

Flexing Antitrust Muscle; China is a New Hurdle for Mergers & Acquisitions

May 6 2013 // China’s new-found clout in regulating global mergers is causing headaches for companies seeking high-stakes deals that need Beijing’s approval. Where corporate lawyers and advisers were once primarily concerned...

EU Considering Action; Pope Comments after Bangladesh Building Disaster

May 2 2013 // The European Union is considering trade action against Bangladesh, which has preferential access to EU markets for its garments, to pressure Dhaka to improve safety standards after a building collapse killed more than 400...

Ebix Europe to Provide Tech Services for Ropner Insurance Services

May 1 2013 // Ebix Europe, a subsidiary of Atlanta-based Ebix, Inc., which provides global insurance trading platforms and messaging products, has been appointed by marine broker Ropner Insurance Services to provide its London market...