Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Bribery Widespread Across Europe’s Top Companies: Survey
May 23 2011 // More than one third of employees at large European companies are prepared to offer cash or lavish gifts and entertainment to win business as the economic downturn prompts firms to cut corners to stay ahead. In its 2011...
Europe on Alert for Icelandic Volcano Ash Cloud
May 23 2011 // An eruption by Iceland’s most active volcano put Europe on high alert on Monday as a billowing ash cloud drifted towards Scotland and threatened to shut down airports across the northern edge of the...
European Insurance Forum Kicks Off May 23 in Dublin
May 20 2011 // Around 200 global re/insurance specialists will gather for the European Insurance Forum in Dublin next week to analyze the current state of the industry. Delegates will hear the views of Matthew Elderfield, Deputy Governor...
Finaccord Forecasts Growth for Europe Professional Indemnity Coverage
May 18 2011 // A new study from financial market research consultants Finaccord forecasts that the market for professional indemnity insurance across ten European countries – Belgium, France, Germany, Italy, Netherlands, Poland,...
Firms Fail to Grasp Intellectual Property Risks: Marsh/LIU Report
May 16 2011 // Global businesses do not understand the intellectual property risks facing their organizations or the value of their intangible assets, a new report says. Three-quarters of organizations are unable to identify the...
Best’s Analysis Concludes Solvency II Will Transform EU Captive Insurers
May 13 2011 // Although it has been coming for more than 10 years, the European Union’s Solvency II regulations covering the community’s insurance industry is now virtually around the corner. Over the years there has been a...
Changes on the Playing Field; P&C Insurers Question Impact of New Regulations
May 11 2011 // The European insurance industry is becoming increasingly aware that the Solvency II regulations, which are scheduled to take effect as of January 1, 2013, will not only impose a different set of rules for the industry, but...
Liberty International Underwriters in Europe Launches Football Charity Appeal
May 4 2011 // The London office of Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, announced that it is organizing a charity football match at Charlton Athletic’s Valley ground on...
Special Report: As Pirate Attacks Increase, Ship Owners Take Arms
May 3 2011 // Upstairs in a public house in the town of Poole on the English south coast, 18 men are preparing to take on the pirates of the Indian Ocean. Around antique polished wooden tables scattered with laminated charts, handouts...
More to Explore for Doha World Trade Deal, EU Says
Apr 29 2011 // The European Union presented world trade negotiators with a last-minute plan to rescue stalled free trade talks on Friday, saying there were still avenues of negotiation to explore after 10 years of trying. In a...
Lloyd’s Market Association Questions Aspects of FSA Regulatory Reform
Apr 29 2011 // In a response to the proposals to restructure the UK’s financial regulations the Lloyd’s Market Association (LMA) has taken issue with some of the proposals, which, in its view are “over-engineered”...
Ratings: Wilton Re, London General, Cattolica, Arab Re
Apr 22 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A- ‘(Excellent) and issuer credit ratings (ICR) to “a” from “a-” for Wilton...
ACE Appoints Cote Continental Europe Financial Lines Manager
Apr 21 2011 // The ACE group has announced the appointment of Nadia Cote to the position of Financial Lines Manager for Continental Europe (CE) and Central and Eastern Europe (CEE). She will report to Serge Osouf, Executive...
EDHEC-Risk Institute, Russell Investments to Design Solvency II ‘Benchmarks’
Apr 20 2011 // EDHEC-Risk Institute has announced that it will conduct research in cooperation with Russell Investments in order to “design new benchmarks for European insurance companies that are representative of a dynamic...
Ratings: Syndicate 1225 (Aegis), Pacific Int’l., Int’l. Energy, Flagstone Re (Africa)
Apr 19 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 1225, which is managed by AEGIS...
Growth of Clean Tech Industry Delivers New Exposures, Opportunities
Apr 18 2011 // Backed by government policy and growing public support, demand for technology that is both clean and sustainable has increased substantially in the United States, Europe, Asia and other parts of the world over the last...
Genden Appointed CEO of Travelers Europe
Apr 18 2011 // The Travelers Companies announced that Sean Genden has been named CEO of Travelers Europe, charged with supporting its “strategic and growth initiatives in the European property and casualty market.” He...
ABIR Reports 2010 Results for Bermuda’s Re/Insurers; $11.4 Bn Net Income
Apr 18 2011 // The Association of Bermuda Insurers and Reinsurers (ABIR) has released the 2010 global underwriting results for its 22 member (re)insurers – companies that write insurance and reinsurance from underwriting centers in...
Solvency II: ‘Beware the Dog That Didn’t Bark,’ Warns Willis Re
Apr 13 2011 // Insurers are meeting their solvency requirements in greater numbers than anticipated and the result is that the Solvency II regulatory scheme will not result in a capital deficit for the insurance industry as a whole. The...
Ratings Roundup: Syndicate 382/Hardy, Samsung Europe
Apr 7 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 382, which is...
