Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Allianz Q4 2015 Profit Rises to $1.6B on Cat Claims; Lower Than Analyst Estimates
Feb 19 2016 // Allianz SE missed analyst estimates for fourth-quarter profit because of claims from natural catastrophes. Net income at Europe’s biggest insurer increased to 1.42 billion euros ($1.6 billion) in the quarter from...
FACTBOX: What Will ‘Brexit’, a British Exit from the EU Look Like?
Feb 17 2016 // As Britons debate whether to stay in or leave the European Union at a membership referendum, one of the key arguments is what a British exit, or “Brexit,” would look like? Below is an outline of the process...
British Departure from EU Would Put at Risk $670 Billion of U.K. Trade: Study
Feb 16 2016 // A British departure from the European Union would put at risk 466 billion pounds ($670 billion) of U.K. trade with nations in Europe and beyond, according to a report published by the Centre for Economic and Business...
Liberty Specialty Announces Specialty Lines and Fine Art & Specie Appointments
Feb 12 2016 // Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has promoted Mike Gosselin to the role of chief underwriting officer for specialty, while also naming David Saillen as head of fine art & specie –...
‘Brexit’ Will Create Real ‘Risks & Uncertainties’ for Lloyd’s & London Market
Feb 11 2016 // A UK exit from the European Union will create a “rarely experienced” level of uncertainty for Lloyd’s, the London market as well as the UK and other European economies, according to Sean McGovern,...
Top Generali Investors Making Their Influence Felt in Hunt for New CEO
Feb 10 2016 // French corporate raider Vincent Bollore is making his influence felt in corporate Italy by defying the country’s old guard in choosing a replacement for Mario Greco as Generali chief executive. Greco may have...
Generali Names Galateri as Interim CEO After Greco Departs for Zurich Insurance
Feb 9 2016 // Assicurazioni Generali SpA appointed its Chairman Gabriele Galateri, as acting chief executive officer after CEO Mario Greco decided to quit Italy’s biggest insurer to become the head of Zurich Insurance Group...
‘Brexit’ Threatens Britain’s EU-Dependent SMEs: UK’s RSA
Feb 9 2016 // While UK-based small and medium sized enterprises (SMEs) want to access opportunities in emerging and growth economies, they remain dependent on the European Union, which suggests that SMEs could be disproportionately...
Chubb Names Country Presidents to Lead Continental European Operations
Feb 5 2016 // Chubb has appointed the country presidents who will lead its operations in Continental Europe, with immediate effect. The country presidents will report to Jeff Moghrabi, division president, Continental Europe. These and...
California Commissioner Explains Call for Insurer Divestment from Coal
Feb 4 2016 // One can say California Insurance Commissioner Dave Jones has a beef with coal. Jones made a bold move on Jan. 25 when he asked all insurance companies doing business in California to voluntarily divest from their...
Chubb Completes Senior Management Team for European Region
Feb 2 2016 // Chubb has announced a group of appointments with immediate effect, which complete the line-up of its new European leadership team. First, there were the executive appointments that were announced late last year: Andrew...
Asian, LatAm Financial Wage Rises Set to Outpace North America, Europe
Feb 1 2016 // Financial services salaries are set to rise by 4.3 percent in both Asia and Latin America this year, almost double the average increase forecast for North America and Europe, research published on Monday showed. A survey...
Chubb Launches Cyber Response Partnership with Crawford for Clients in Europe
Feb 1 2016 // Chubb has launched a new partnership with Crawford & Co., as it continues to invest in building its cyber enterprise risk management capabilities. A global leader in claims and crisis management, Crawford & Co....
Gasoline Imports Easier to Insure than Crude Exports in Post-Sanctions Iran
Jan 28 2016 // Major oil firms and trade houses are gradually resuming energy trading with Iran but efforts remain very cautious and often face huge legal obstacles, meaning a post-sanctions return to full-scale activity will take weeks...
Insurance Placement Difficulties Delay Iranian Crude Exports to Europe
Jan 27 2016 // Efforts by Iran to start exporting oil to Europe are being held up as foreign tanker owners are still struggling to secure insurance for cargoes, leading shipping players said on Tuesday. A nuclear deal between world...
RSA Appoints Stewart as Chief Risk Officer for UK and Western Europe
Jan 26 2016 // London-based RSA has appointed Doug Stewart to the new role of chief risk officer for the UK and western Europe. Stewart will be responsible for the governance of significant risks to the UK and Western European...
EU Security Chiefs Warn that Terrorist Attacks Highly Likely in Europe
Jan 26 2016 // Islamic State and other militants are very likely to attempt big new attacks in Europe following those in Paris, the EU’s police agency said on Monday, echoing previous warnings by senior security officials. The...
Everest Re Announces Senior Leadership Changes at Bermuda, Europe Operations
Jan 19 2016 // Bermuda-based Everest Re Group Ltd. announced that Mark de Saram, managing director and chief executive officer of Everest Reinsurance (Bermuda) Ltd., has notified the company of his decision to retire effective April 6,...
Your Boss Can Snoop on Your Personal E-Mails, European Court Rules
Jan 12 2016 // Bosses can snoop on workers’ e-mails including personal messages with loved ones during working hours, the European Court of Human Rights ruled in a case brought by a Romanian man who claimed he was unfairly fired...
EU’s Shadow Banking Rules Arrive, Intending to Prevent Credit Crunch Rerun
Jan 12 2016 // A European Union regulation intended to prevent a rerun of the global credit crunch by shining a light on financing arrangements such as repurchase agreements, securities lending and margin loans comes into force on...
