Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Living with Solvency II; A Top Regulator Gives His Views
Jun 3 2011 // Solvency II, the European Union’s imminent imposition of new and more sophisticated risk based regulation of its insurers, may not be the only elephant in the room It is, however the main focus of a great deal of...
Europe’s Lethal E.coli Strain May be Deadliest Yet
Jun 3 2011 // More than 1,600 people have been infected by a toxic strain of E.coli bacteria that has killed at least 17 and may be the deadliest yet in human history, health officials said on Friday. Germany is at the center of the...
Russia Bans EU Vegetables Due to E.coli Fears
Jun 2 2011 // Russia banned imports of raw vegetables from the European Union on Thursday because of a deadly E.coli outbreak centered in Germany, Russian media cited the head of the consumer protection agency as saying. “A ban on...
Ironshore Europe Expands, Opens Office in London
Jun 1 2011 // Ironshore Europe Limited, domiciled in Dubin, Ireland, has received approval from the Central Bank of Ireland, to open a branch office in London. Paul Betts, has been named the London Branch Manager and will lead the...
Will Next Big Nat Cat Turn Cycle? ‘Maybe’ Say Reinsurance CEOs
May 31 2011 // The reinsurance world has always been a bit arcane, but rarely to the extent it appears to be right now. Henry Keeling, the president and CEO of Guy Carpenter’s international operations, noted at the European...
Ratings: Tunis Re, Endurance (shares), LAPP, Electro Re/First Beacon, National General
May 27 2011 // A.M. Best Europe – Rating Services Limited has removed from under review with negative implications and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of...
Visitors Raise Irish Hopes for an End to Financial Crisis
May 27 2011 // The people of Ireland cheered up a bit following the back to back visits of Great Britain’s Queen Elizabeth II, and the President of the United States, Barack Obama, or O’bama as the name appeared in...
Eurocontrol: No Major Ash Impact on Air Traffic
May 27 2011 // No significant disruptions of air traffic are expected in Europe in coming days as a result of volcanic activity, Eurocontrol said Thursday. The air traffic agency said activity from Iceland’s Grimsvotn volcano has...
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...
