Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
EU Insurance Regulators Annuity Capital Decision Postponed
Feb 1 2010 // European insurance regulators need a little more time to thrash out a compromise on rules for annuity providers that UK insurers fear could force them to raise up to £50 billion ($81 billion) of capital. Regulators...
EU Welcomes China’s Support Against Somalia Piracy
Jan 29 2010 // China’s participation in an international naval operation to protect ships from pirates off the coast of Somalia should help improve maritime security in the Horn of Africa, an EU naval commander said Thursday. China...
Davos Report: Business Leaders Warn Regulations May Crimp Recovery
Jan 27 2010 // Global business leaders warned Western governments on Wednesday that a populist crackdown on the financial industry could crimp a fragile recovery from the worst recession since the 1930s. The worried response to U.S....
Torus Appoints Guesde to Lead European Casualty
Jan 26 2010 // Torus has appointed Thomas Guesde as Senior Vice President of its new European Casualty platform. His appointment follows Torus’ launch of its operations in Continental European in September 2009. Guesde reports to...
European Union Maintains Current Carbon Emissions Offer
Jan 22 2010 // The European Union will stick to its current offer in U.N. talks to cut carbon emissions to one fifth below 1990 levels over the next decade, but will raise that if others follow suit, a draft EU letter showed. “The...
UK’s Miller to Expand Cover Holder Business in Europe
Jan 22 2010 // London-based Miller Insurance Services Limited has appointed Alessandro Noce to their programs and facilities unit in an initiative to expand their binding authority business in Europe. . CEO Graham Clarke noted that...
Torus Adds Personnel for New UK-based Property Team
Jan 20 2010 // Torus announced that it is in the process of establishing a London-based property tem to serve the UK. David Ring joins the Company to lead the new operations as UK Head of General Property. He is responsible for managing...
XL to Move Corporate Domicile to Ireland
Jan 19 2010 // The struggling Irish economy heard some good news last week when XL announced that it is moving its place of incorporation to the Emerald Isle from the Cayman Islands, and will rename the company XL Group plc. Many of its...
Winter Weather Freezes UK, Europe, But Impact is Limited
Jan 15 2010 // Old Man Winter has been showing his teeth. Freezing temperatures, combined with the heaviest snowfalls Britain and Europe have seen in 30 years, have snarled road, rail and air transportation, caused power outages and...
Zurich Transfers More General Insurance Business to Irish Subsidiary
Jan 12 2010 // Zurich Financial Services Group has announced the transfer of the “vast majority of its general insurance portfolios in Italy, Portugal and Spain to local branches of its EU-based risk carrier Zurich Insurance plc,...
EU Trade Commissioner-Designate ‘Unsure’ over Doha Conclusion in 2010
Jan 12 2010 // The European Union’s trade commissioner-designate said on Tuesday he was unsure whether the Doha round of global trade talks would be concluded this year or in 2011. “I’m personally confident that we are...
ACE Europe Appoints Ainslie Technology and Cyber Liability Underwriter
Jan 8 2010 // The ACE European Group has appointed Iain Ainslie to the role of Technology and Cyber Liability Underwriter. ACE said the appointment underscores its “commitment to enhancing its service offering and presence in this...
Most Property Reinsurance Rates Down at January Renewal As Capital Rebounds
Jan 5 2010 // Reinsurance rates across most lines of property catastrophe business declined at the Jan. 1, 2010 renewal, according to a briefing by Guy Carpenter & Co., LLC. Guy Carpenter’s World Catastrophe Rate on Line...
Allianz Names Bauer to Head Europe, Middle East ‘Growth Region’
Dec 31 2009 // Allianz annonced that, effective January 1, 2010, Manuel Bauer will be CEO of the new growth region – ‘Central and Eastern Europe, Middle East and North Africa’ (CEEMA). He succeeds Klaus Junker, former...
Europe Feels Left Out in Cold on Climate Change Deal
Dec 23 2009 // It’s a climate deal that has Europe feeling left out in the cold. The continent that used to take the lead in advocating climate action is now taking the lead in climate complaining. And it’s not just upset...
Allianz, ThyssenKrupp CEO’s Warn of New Market Bubbles
Dec 21 2009 // The chief executives of Allianz, Europe’s biggest insurer, and ThyssenKrupp, Germany’s biggest steelmaker, have warned of new bubbles that they see developing in global markets. “You know why nothing has...
U.N. Climate Talks End ‘With a Bare Minimum’ Agreement
Dec 21 2009 // U.N. climate talks ended with a bare-minimum agreement Saturday, Dec.19, when delegates “noted” an accord struck by the United States, China and other emerging powers that falls far short of the...
Truth or Lore? Insurance ‘Factorama’ Explores the Known and Little-Known
Dec 20 2009 // It’s the end of the decade that apparently has no name as yet, but that doesn’t stop those of us at Insurance Journal from looking back at the past 10 years and beyond for known and little-known insurance...
QBE Europe to Purchase Munich Re’s Evergreen Brand, Renewal Rights
Dec 18 2009 // QBE European Operations (QBE EO), the specialist business insurer, announced its purchase of the brand and renewal rights of the Evergreen portfolio from MSP Underwriting Limited, the Lloyd’s underwriting agency,...
UN Climate Talks Resume; US Backs $100 Billion Aid Fund
Dec 17 2009 // Danish hosts revived climate talks on Thursday and Washington backed a $100 billion fund to aid poor countries, as world leaders gathered on the eve of a U.N. deadline to reach a deal to slow global warming. Environment...
