Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Willis Appoints Harding CEO – Captive Practice in Europe
Mar 1 2013 // Willis Group Holdings has appointed Lesley Harding as CEO of the Willis Global Captive Practice in Europe, effective March 1. She reports to Malcolm Cutts-Watson, Chairman of the Willis Global Captive Practice – Europe,...
Tempo Underwriting Teams with Berkley Europe for Commercial D&O
Feb 22 2013 // UK-based Tempo Underwriting announced that it has started underwriting Commercial D&O through a binding authority arrangement with W. R. Berkley Insurance (Europe), Limited, the European affiliate of W.R....
Despite Uncertainty, Momentum Building for M&As in 2013: PwC
Feb 21 2013 // While 2012 was a flat year for financial services mergers and acquisitions (M&A) overall, there was a surge in the fourth quarter and there is reason to think activity will pick up in 2013, according to a new...
Horsemeat Blame Game Ricochets across Europe
Feb 18 2013 // Accusations, denials and threats to sue reverberated around Europe on Friday as meat traders, food processors, retailers and governments all rejected blame for horsemeat found in ever more beef dishes across the...
G20 Wrangles over Currencies, Borrowing, Deficits at Moscow Talks
Feb 15 2013 // The Group of 20 major economies struggled on Friday to find common ground on currencies and borrowing, exposing rifts between advocates of a dash for growth and supporters of more austerity to revive the world economy. A...
EU Formally Proposes Plans for 11-Nation Financial Trading Tax from 2014
Feb 14 2013 // The European Union’s executive formally proposed on Thursday a tax on financial trading in 11 countries to raise up to €35 billion [$46.7 billion] annually, a step investors said would hit savers and pension...
U.S. Chamber, Europe Business Group Welcome U.S-EU Free Trade Talks
Feb 14 2013 // In a joint statement the U.S. Chamber of Commerce President and CEO Thomas J. Donohue and the President of BUSINESSEUROPE Jürgen R. Thumann welcomed the release of the final report of the U.S.-EU High Level Working Group...
Goals of the U.S.-EU Free Trade Agreement; Re/Insurance Regs Reconsidered
Feb 13 2013 // Negotiations for a free-trade agreement between the United States and the European Union are set to begin within months, almost two decades after the idea was first floated between the world’s two largest...
International Chamber of Commerce Survey Finds Improved Economic Climate
Feb 13 2013 // The Paris-based International Chamber of Commerce (ICC) and the Munich-based Ifo institute for economic research have released findings, which conclude that the “world economy is showing signs of brightening after...
Half of 2012’s Global Economic Losses Due to U.S. Natural Disasters: Aon
Feb 11 2013 // While global economic losses were close to average in 2012, insured losses were 36 percent higher than the 10-year average ($72 billion versus $53 billion) because the two most costly events of the year occurred in the...
Julian James to Become President of Allied World Europe
Feb 5 2013 // Swiss-based Allied World Assurance Company Holdings, AG announced that Julian James has been named President of Allied World’s European platform effective March 4, 2013, pending certain regulatory approvals. James...
Ironshore Europe Names Lewis to Lead London Market Healthcare Expansion
Feb 5 2013 // Ironshore Europe Ltd. (IEL) announced that Jamie R. Lewis has joined the company as Senior VP –Healthcare. He will be, working closely with Matt Dolan, the president of IronHealth, and will be responsible for developing...
Best Affirms AIG Europe Limited Ratings; Outlook Stable
Jan 28 2013 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings of “a” of UK-based AIG Europe Limited (AEL), formerly Chartis...
Ratings Roundup: First Insurance, InterGlobal, Salama
Jan 25 2013 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘B++’ (Good) and the issuer credit rating of “bbb” of Jordan’s First Insurance Company (FIC), both...
Half of 2012’s Global Economic Losses Due to U.S. Natural Disasters: Aon
Jan 24 2013 // While global economic losses were close to average in 2012, insured losses last year were 36 percent higher than the 10 year average ($72 billion vs. $53 billion) because the two most costly events of the year occurred in...
Aon Benfield’s 2012 Cat Review Finds 36% Rise in Insured Losses at $133 Billion
Jan 24 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has published its Annual Global Climate and Catastrophe Report along with the establishment of a new website, Catastrophe Insight,...
UK Prime Minister Cameron Promises Britons Straight Choice on EU Exit
Jan 23 2013 // Prime Minister David Cameron promised on Wednesday to give Britons a referendum choice on whether to stay in the European Union or leave if he wins an election in 2015, placing a question mark over Britain’s...
EU Countries to Receive Go-ahead for Financial Transaction Tax
Jan 22 2013 // Germany, France and nine other euro zone countries will get the go-ahead on Tuesday to push on with a financial transactions tax, a measure likely to unsettle banks but which will please voters and raise much-needed...
Genworth Separates Mortgage Insurance Unit, Reduces Bond Default Risk
Jan 17 2013 // Genworth Financial Inc. on Wednesday said it was reorganizing itself to separate its mortgage insurance business from the rest of the company, reducing the risk of default on its bonds and sending its shares up 9...
U.S. Plans to Negotiate Services Trade Pacts with EU, Japan, 18 Others
Jan 16 2013 // The United States said on Tuesday it plans to negotiate an agreement with the European Union, Japan and 18 other economies to remove trade and investment barriers in services ranging from finance to express...
