Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Update: Explosions Rip Through Brussels Airport & Subway; Death Toll Rises
Mar 22 2016 // Belgium was on the highest terror-alert level after three bombings in Brussels on Tuesday killed at least 31, injured more than 180 and raised fears of follow-up attacks. Prime Minister Charles Michel, condemning the...
Chubb Names Claims Management Team in Europe
Mar 22 2016 // Chubb announced a number of appointments within its claims management team in Europe, with immediate effect. All the following positions will report to Peter Murray, director of claims for Chubb in Europe and will be based...
Why Ridesharing Won’t Hurt Car Sales
Mar 21 2016 // Car sharing usage will significantly increase, particularly in urban areas among young residents, however most consumers will still opt to own their own cars and car sharing will not significantly hurt car sales, according...
‘Brexit’ Could Cost U.K. $145B in Economic Output & 950,000 Jobs by 2020: Study
Mar 21 2016 // Leaving the European Union might cost the U.K. 100 billion pounds ($145 billion) in lost economic output and 950,000 jobs by 2020, the Confederation of British Industry said as it stepped up its campaign against a...
XL Catlin Restructures South Europe Insurance Operations; Managers Appointed
Mar 16 2016 // XL Catlin’s insurance segment announced that it has restructured its Southern Europe operations to include France alongside Italy and Iberia. Southern Europe is led by Regional Manager Bruno Laval, who takes on an...
BHSI to Expand Specialty Business into Europe; Bolt & Koehler to Lead Operations
Mar 11 2016 // Berkshire Hathaway International Insurance Ltd. announced it will offer a specialty insurance solution to Europe with its affiliate, Berkshire Hathaway Specialty Insurance, subject to regulatory approval. Tom Bolt has been...
Bank of England Governor Warns of Brexit Risks, Angering ‘Out’ Campaigners
Mar 8 2016 // Bank of England Governor Mark Carney said on Tuesday a vote by Britain to leave the European Union could hit the country’s $2.9 trillion economy and prompt some banks to move away from London’s global financial...
Insurers Could Find an Early-Mover Advantage from Telematics: Fitch
Mar 7 2016 // The motor insurance industry faces a significant shake-up from two waves of technological innovation – the growth of telematics and the development of driverless cars, according to Fitch. Over the short term, telematics...
200 Small Business Leaders Sign Open Letter Supporting ‘Brexit’
Mar 4 2016 // More than 200 small-business leaders signed an open letter calling for British withdrawal from the European Union, highlighting a division with large companies over membership of the bloc. The letter, published in the...
Chubb Names Product Line & Customer Segment Leaders for Continental Europe
Mar 4 2016 // Chubb has appointed the team that will lead product line underwriting and distribution for its Continental Europe region. Each of the newly announced positions will report to Steve Reiss, chief operating officer,...
Chubb Offers ‘Cyber Enterprise Risk Management’ Solution for European Clients
Mar 3 2016 // Chubb announced the launch of Cyber Enterprise Risk Management, as the company continues to invest in its cyber risk capabilities across Europe. Cyber Enterprise Risk Management as “an end-to-end risk management...
Europe’s Insurers Turn to Risky Property Investments, in Hunt for Better Returns
Mar 3 2016 // Traditionally conservative European insurers and pension funds are turning increasingly to risky property bets on everything from new homes in provincial Britain to car parks at Brussels airport, as they feel the pinch...
Iran Still Faces Curbs on Oil Exports from Ongoing Insurance Issues: Oil Official
Mar 2 2016 // Iran still faces constraints on oil exports as buyers are cautious about boosting trade immediately because of banking and ship insurance difficulties, a senior Iranian oil official said, despite seeing a...
‘Brexit’ Could Hurt Investments, Cause Regulatory Uncertainty: UK’s Direct Line
Mar 1 2016 // A British exit from the European Union could hurt UK insurer Direct Line’s investment portfolio and cause regulatory uncertainty, it said on Tuesday after posting a 3 percent rise in 2015 operating profit. Britain...
5 Governments Write to China, Expressing Concern over New & Draft Laws
Mar 1 2016 // The United States, Canada, Germany, Japan and the European Union have written to China to express concern over three new or planned laws, including one on counterterrorism, in a rare joint bid to pressure Beijing into...
Best Revises Issuer Credit Rating Outlook for W. R. Berkley Insurance (Europe)
Feb 29 2016 // A.M. Best has revised the issuer credit rating (ICR) outlook to negative from stable and affirmed the financial strength rating of A (Excellent) and the ICR of “a+” of W. R. Berkley Insurance (Europe) Ltd....
G20 Puts ‘Brexit’ on List of Top Global Risks After Push by UK Government
Feb 29 2016 // British finance minister George Osborne pushed financial leaders from the top 20 economies to include the risk of Britain leaving the European Union in their list of dangers to the world economy on Saturday, gaining...
As UK Debate over Brexit Heats Up, Some Suggest Looking at Lessons of History
Feb 26 2016 // Cities don’t stay on top forever. Just look at Venice in the 15th century, Philadelphia in the 18th or even Vienna in the 19th. It’s a lesson some Londoners worry is being forgotten when it comes to the...
RSA’s CEO Warns That UK Withdrawal from EU Could Have Negative Impact
Feb 25 2016 // RSA chief Stephen Hester said a British exit from the European Union could have a negative impact on the insurer’s business and investment returns, underscoring a warning from top executives about the impact of...
AXA’s 2015 Net Income Rises 12% on Life Insurance Sales in Europe, Asia
Feb 25 2016 // AXA SA, France’s largest insurer, said 2015 profit rose 12 percent, helped by higher life insurance sales in Europe and Asia. The shares rose. Net income climbed to 5.62 billion euros ($6.2 billion) from 5.02 billion...
