Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Starr Taps Swiss Re’s Nawrath as Underwriting Chief for New Aviation Unit in Germany
Dec 18 2019 // Starr Insurance Cos. announced the appointment of Carsten Nawrath as Aviation underwriting manager, leading the build-out of a new Aviation insurance operation based in Munich, Germany. The operation will write aerospace...
UK Financial Services Sector Remains Resilient Ahead of Brexit: Research
Dec 18 2019 // Britain’s exports of financial and related services rose to 83 billion pounds ($106.5 billion) last year, with the European Union still the biggest customer, underscoring the importance of retaining market access to...
Political Risk Losses Up in 2019, Hitting 68% of Surveyed Firms
Dec 16 2019 // A survey of 41 major corporations by broker Willis Towers Watson found that 61% believe political risk levels increased in 2019 while 68% have actually suffered a political risk loss. Disruption of international trade was...
EU Top Court to Hear Privacy Issues of Tech Firms’ Personal Data Transfers
Dec 15 2019 // Austrian privacy activist Max Schrems’ seven-year battle against Facebook reaches a crucial point on Dec. 17 when an adviser to Europe’s top court will issue his view on whether tools used by companies to...
Driver Privacy Concerns in Auto Insurance. There’s an App for That.
Dec 13 2019 // Apps that let you book a ride to work or borrow a car for your next vacation are feeding into a revolution in auto insurance — while also raising some privacy red flags. Data on everything from how frequently a car...
Big Victory for Johnson and Brexit. Now What?
Dec 13 2019 // Prime Minister Boris Johnson won a sweeping election victory on a promise to “Get Brexit done,” but a reality check awaits for voters hoping that the messy divorce is finally over. It’s just the...
Big Victory for Johnson and Conservatives Clears Way for Quick Brexit
Dec 13 2019 // Britain was speeding towards Brexit on Friday after Prime Minister Boris Johnson won a crushing election victory, ending three years of uncertainty since the country decided to leave the bloc. Exiting the European Union, a...
What’s At Stake for Britain’s Economy as Voters Go to Polls Today?
Dec 12 2019 // The two main parties in Britain’s election on Thursday offer contrasting plans on spending, tax, the role of the state, trade unions and Brexit. Below is a summary of the main economic policies of Prime Minister...
North Korean Hackers Found Partnering With Eastern European Cyber Criminals
Dec 12 2019 // North Korean state-backed hackers appear to be cooperating with Eastern European cybercriminals, a report said on Wednesday, a finding that suggests digital gangsters and state-backed spies are finding common ground...
EU Regulators to Weigh If Antitrust Rules Fit for Today’s Global, Digital Markets
Dec 9 2019 // EU regulators will review two-decade old rules that determine if companies have the market power to throttle rivals or control prices to take into account globalization and digitalisation, Europe’s antitrust chief...
Political Risk Losses Up in 2019, Hitting 68% of Surveyed Firms: WTW
Dec 6 2019 // A survey of 41 major corporations by broker Willis Towers Watson found that 61% believe political risk levels increased in 2019 while 68% have actually suffered a political risk loss. Disruption of international trade was...
U.K. Investment Firm Centricus Forms Insurance Venture with Ex-Goldman Partner
Dec 6 2019 // Centricus, the U.K. investment firm that helped SoftBank Group Corp. raise its $100 billion Vision Fund, is entering the insurance industry by forming a joint venture with former Goldman Sachs Group Inc. partner Chris...
Directors and Officers Face Significantly Higher Range of Risks: Allianz Report
Dec 4 2019 // The range of risks facing company executives, or directors and officers (D&Os), has increased significantly in recent years along with resulting insurance claims, according to a report published by Allianz Global...
Generali’s Talks to Buy MetLife’s Europe Assets Stall over Price Differences: Sources
Dec 3 2019 // Italian insurer Assicurazioni Generali has held talks with U.S. rival MetLife Inc to buy the bulk of its European assets but discussions have stalled due to differences over price, four sources told Reuters. Generali,...
European Investors Urge Big-Four Auditors to Take Action on Climate Risks
Dec 2 2019 // European investors managing assets worth more than 1 trillion pounds ($1.28 trillion) are pressing top auditors to take urgent action on climate-related risks, warning that failure to do so could do more damage than the...
Zurich CEO Says Big Transnational M&As Won’t Solve Industry Fragmentation: Report
Dec 2 2019 // The European insurance sector is too fragmented but large cross-border deals are not the solution to the problem, the head of Europe’s fifth-biggest insurer Zurich said in a newspaper interview on Thursday [Nov...
Generali Prepares to Make Formal Bid for MetLife’s European Assets: Sources
Nov 25 2019 // Assicurazioni Generali SpA is preparing to make a formal bid for the European assets of MetLife Inc. following months of talks, people with knowledge of the matter said. The Italian insurer has been finishing due diligence...
Uber in London Awaits Decision on License Renewal in Its Important European Market
Nov 22 2019 // London’s transit authority is set to announce as soon as Monday whether it will grant Uber Technologies Inc. a new license to operate. If Transport for London decides against the company, Uber could face expulsion...
Demand for M&A Insurance Sees Significant Growth: Aon
Nov 18 2019 // An increase in M&A activity in today’s challenging economic environment is driving significant growth in demand for M&A insurance products, according to a report published by Aon. Aon’s report finds...
EU Weighs Stress Tests to Improve Financial Firms’ Buffers Against Climate Risks
Nov 7 2019 // The European Commission is considering stress tests and measures to force financial firms to raise their buffers against climate-change risks, the EU financial services chief said on Wednesday. The move would represent a...
