Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Will UK Insurers and Banks Be EU Rule Takers or Rule Makers, After Brexit?
May 1 2019 // A group of banks are directly feeding the British government ideas for a Brexit financial services trade deal, bypassing the industry’s major lobby groups after their blueprint for a future relationship with the EU...
Brexit Uncertainty Takes a Toll on UK Businesses: Report
Apr 29 2019 // As talks on a Brexit deal fumble on, the uncertainty it has brought is hurting U.K. property firms and the financial services sector. The number of companies classed as being in “critical distress,” often a...
Lloyd’s Innovation Drive Faces Headwinds from Some Brokers, Underwriters
Apr 26 2019 // Lloyd’s of London, the world’s oldest insurer of seafaring vessels, is facing its own perfect storm. Old-fashioned business practices, exposure to natural disasters, competition from rival centers and Brexit...
Liberty Specialty Markets Promotes Silvestre to Deputy Manager for France
Apr 23 2019 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Emmanuel Silvestre to deputy general manager of its French operation. He reports to Richard Deguettes, general manager for France. Based...
Notre Dame Fire Should Be Wake-Up Call for State of Other European Monuments
Apr 23 2019 // It’s a thin line where the patina of age on Europe’s countless monuments gives way to the onset of neglect. Like with so many loved ones, all is assumed to be fine, until suddenly it’s not. In the wake of...
Europe’s Storm Dragi-Eberhard Costs Insurers Estimated €740M ($831.8M): PERILS
Apr 22 2019 // The initial insured property losses for extratropical cyclone “Dragi-Eberhard,” which hit the British Isles, and Western and Central Europe on March 9-10, 2019, are estimated at €740 million ($831.8 million),...
Sompo International Appoints Brazil as CEO of SI Insurance (Europe)
Apr 22 2019 // Sompo International Holdings Ltd., the Bermuda-based specialty provider of property and casualty re/insurance, announced that Thomas Brazil will become chief executive officer of SI Insurance (Europe), SA, the...
Britain’s Financial Regulator to Review Its Rules for Post-Brexit Landscape
Apr 17 2019 // Britain’s markets watchdog will review its rules as the country readies to leave the European Union, the source of its financial regulation for decades. “Post-Brexit, we need to consider the future of...
EU Parliament Approves Law Establishing Basic Rights for Gig Workers
Apr 16 2019 // The European Parliament on Tuesday approved a law setting minimum rights for workers in the “gig economy,” a move that may benefit Uber drivers, Deliveroo and Just Eat food couriers and others. Gig workers are...
EU’s New Copyright Rules Could Hurt Google, Facebook
Apr 15 2019 // Google will have to pay publishers for news snippets and Facebook filter out protected content under new copyright rules aimed at ensuring fair compensation for the European Union’s $1 trillion creative...
IMF Officials Urge Governments to Limit Risks to Global Economy
Apr 15 2019 // The International Monetary Fund warned governments not to rock the boat with trade wars and other disruptions at a time when the global economy is already sailing through choppy waters. “We see downside risk and that...
London Continues to Lose Financial Sector Jobs Over Brexit
Apr 15 2019 // Job vacancies in London’s finance industry have halved in two years as uncertainty over Brexit knocks business confidence, a survey by recruiter Morgan McKinley has found. The number of jobs available in the...
British CFOs Fears of Long-Term Brexit Downturn Grow
Apr 15 2019 // An increasing number of chief financial officers expect Britain’s long-term business climate to worsen after the U.K. leaves the European Union, according to a Deloitte survey. More than 80 percent of 89 British...
Why Europe Should Not Force Talking Cars to Speak Same Language Now: Viewpoint
Apr 12 2019 // If you’ve bought a new car lately, chances are it has some basic communication skills. One day, cities and highways could be full of self-driving vehicles, all talking directly with each other to coordinate traffic...
Rhine River Could Be Impassable to Ships this Summer if European Drought Returns
Apr 12 2019 // Germany’s Rhine River could be impassable to ships again this summer if Europe has another drought, a once-rare weather phenomenon that’s becoming more likely with an increase in the temperature. That’s...
EU Gives Britain 6-Month Brexit Extension, Despite French Resistance
Apr 11 2019 // European Union leaders gave Britain six more months to leave the bloc, more than Prime Minister Theresa May says she needs but less than many in the bloc wanted, thanks to fierce resistance from France. The summit deal in...
Terrorism, Populist Politics Raise Risks for European Businesses: Aon Report
Apr 10 2019 // Europe faces an increasingly complex security environment, as Islamist and far-right terrorism creates new vulnerabilities for businesses and communities, according to new research from the broker Aon. In 2019, the risk...
UK Joins Global Backlash Against Tech Firms that Fail to Control Harmful Content
Apr 9 2019 // The U.K. joined a growing global backlash against technology companies such as Facebook Inc. and Twitter Inc., proposing fines and bans if social-media platforms fail to curb illegal activity. The government outlined plans...
FERMA Criticizes Cyber Insurance Guidelines Proposed by Int’l Standards Organization
Apr 8 2019 // The Federation of European Risk Management Associations (FERMA) is concerned about proposed cyber insurance guidelines being developed by the International Organization for Standardization (ISO), calling them...
Explaining Europe’s Growing Money Laundering Scandal
Apr 8 2019 // The largest ever money laundering scandal in Europe is rippling through the region’s banks. It began in the Baltics and has engulfed several Nordic lenders, notably Denmark’s Danske and Sweden’s Swedbank,...
