Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
U.S. ‘Fiscal Cliff,’ Europe’s Debt Woes Worry G20
Nov 5 2012 // Leading world economies pressed the United States on Sunday to act decisively to avert a rush of spending cuts and tax hikes, warning that the so-called fiscal cliff is the biggest short-term threat to global...
Will Regulatory Reform Trigger Doomsday for Captives?
Nov 5 2012 // If you’re startled by this headline, you’re not alone. Until recently, the words “reform” and “captive” were rarely used in the same sentence. That’s because captive insurance...
Investors Skirt New Shorting Curbs to Bet on European Union Woes
Nov 2 2012 // New rules to stop speculators making Europe’s debt crisis worse by betting on government bond defaults are prompting investors to find alternative ways to insure against or profit from bad news in the region. Credit...
European Insurance Stocks Hit by Hurricane Sandy Fears
Oct 29 2012 // European shares fell for the first time in four sessions on Monday, with insurance stocks hit by concern about their exposure to the U.S. hurricane, while a backdrop of weak company results also weighed. Traders added that...
ANV Settles in as Lloyd’s MGA, as Capacity and Syndicates Grow
Oct 25 2012 // There are now 78 operating syndicates at Lloyd’s; 88, including Special Purpose and RITC syndicates. Although no new ones have so far joined Lloyd’s this year; three syndicates have transferred ownership:...
Will Regulatory Reform Trigger Doomsday for Captives?
Oct 25 2012 // If you’re startled by this headline, you’re not alone. Until recently, the words “reform” and “captive” were rarely used in the same sentence. That’s because captive insurance...
Chairman Nelson Talks About the Future of Lloyd’s
Oct 16 2012 // Lloyd’s of London Chairman John Nelson knew when he acceded to his post one year ago that his predecessor, Lord Peter Levene, would be a hard act to follow. Levene served for nine years and oversaw significant...
European Insurers Still Facing Economic Uncertainty: A.M. Best
Oct 16 2012 // The Eurozone financial crisis continues to be among the most significant challenges facing insurers, although capital is strong for the European primary insurance market, according to A.M. Best Co. In a new report,...
EU Insurers Strip Coverage from Tankers Storing Iranian Oil: Reuters
Oct 12 2012 // Two European insurers have withdrawn cover for tankers involved in the Iranian oil trade, the first such move since tough new sanctions were imposed in July, documents obtained by Reuters show. The tankers, operated by...
Indiana Doctor Who Hid in Europe Says He’s Served Enough Time
Oct 10 2012 // A former northwestern Indiana nose surgeon who spent five years on the run from fraud charges is arguing he’s served enough time in prison even before being sentenced. Attorneys for Mark Weinberger say in federal...
ANV Settles in as Lloyd’s MGA, as Capacity and Syndicates Grow
Oct 8 2012 // There are now 78 operating syndicates at Lloyd’s; 88, including Special Purpose and RITC syndicates. Although no new ones have so far joined Lloyd’s this year; three syndicates have transferred ownership:...
Will Regulatory Reform Trigger Doomsday for Captives?
Oct 8 2012 // If you’re startled by this headline, you’re not alone. Until recently, the words “reform” and “captive” were rarely used in the same sentence. That’s because captive insurance...
Chairman Nelson Charts Future Course for Lloyd’s
Oct 8 2012 // Lloyd’s of London Chairman John Nelson knew when he acceded to his post one year ago that his predecessor, Lord Peter Levene, would be a hard act to follow. Levene served for nine years and oversaw significant...
Finaccord Analyzes Prof. Indemnity Insurance in Australia, Canada, So. Africa
Oct 3 2012 // New research, conducted by market research consultants Finaccord, reveals that “competition among underwriters of professional indemnity insurance in Australia and Canada is at least as strong as in Europe’s...
Best Affirms QBE Insurance Group ‘A’ Ratings; Outlook Stable
Oct 1 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe)...
Allied World Europe Launches Corporate Property Line of Business
Oct 1 2012 // Allied World Europe has launched its Corporate Property line of business. The unit will target a range of European domiciled companies writing lead, co-insured and layered programs. Richard Nathan, Vice President, European...
EU Insurers’ Capital Charges May be Cut to Boost Loans
Sep 28 2012 // Capital charges for insurers in the European Union could be cut to encourage lending for long-term projects and help boost the flagging economy, the bloc’s executive body said in a high profile policy shift. The...
Catalonia Shows Euro’s Weak Links: Commentary by James Saft
Sep 27 2012 // Just when Spain, and the euro zone, needed it least, along comes the Catalan secession drama to remind us exactly how many parties, peoples and factions have the potential to undermine the single currency’s...
ABI Issues Guidance for Impending ‘Gender-neutral’ Insurance Pricing
Sep 25 2012 // With three months to go until the European Court of Justice ban on insurers taking a person’s gender into account when calculating premiums and benefits, the Association of British Insurers (ABI) has published...
Ratings Recap: Casiopea Re, FM (UK), Jamaica Int’l., Salama, BEST RE
Sep 24 2012 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Luxembourg-based Casiopea Re S.A., the reinsurance...
