Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
People Moves: Swiss Re Corporate Solutions Hires AIG’s Blattner-Hoyle to Lead Trade Finance; QBE Names AXA XL’s France as Head of Property, Europe
Aug 10 2021 // This edition of International People Moves covers appointments at two insurers: Swiss Re Corporate Solutions and QBE European Operations. A summary of these new hires follows here. Swiss Re Corporate Solutions Names...
Chronic Scarcity of UK Workers Blamed on COVID and, of Course, Brexit
Aug 3 2021 // On the outskirts of the Scottish town of Kirkcaldy is a crop of new houses on their way to completion. There are two large banners pinned to the perimeter fence with a mobile phone number: “Bricklayers...
Amazon Slapped with Record Fine for Violating EU Data Privacy Rules
Aug 3 2021 // Amazon.com Inc has been hit with a record $886.6 million (746 million euros) European Union fine for processing personal data in violation of the bloc’s GDPR rules, as privacy regulators take a more aggressive...
AM Best Assigns ‘A’ Rating to International General Insurance Co. (Europe) SE
Aug 3 2021 // AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) to Malta-based International General Insurance Co. (Europe) SE. The outlook assigned to...
Broker Ardonagh Group Launches Ardonagh Europe to Expand Buy-and-Build Strategy
Jul 27 2021 // The Ardonagh Group announced the creation of Ardonagh Europe as it prepares to take its buy-and-build model to Europe. Ardonagh Europe will be headquartered in Dublin and led by Conor Brennan, who will also continue to...
Insurtech bolttech Acquires i-surance to Help Accelerate Expansion Across Europe
Jul 23 2021 // Insurtech startup bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Berlin. Financial details of the deal were not disclosed. The transaction is part of...
Deadly Floods in China, Europe Send Stark Reminder of Climate Change Vulnerabilities
Jul 22 2021 // Deadly floods that have upended life in both China and Germany have sent a stark reminder that climate change is making weather more extreme across the globe. At least 25 people in the central Chinese province of Henan...
Death Toll from European Floods Rises Above 180
Jul 19 2021 // The death toll from flooding in Western Europe climbed above 180 on Sunday after rescue workers dug deeper into debris left by receding waters. Police put the toll from the hard-hit Ahrweiler area of western...
Storms Cause Heavy Flooding Across Parts of Western and Central Europe
Jul 15 2021 // Storms caused heavy flooding across parts of western and central Europe overnight, with one man missing after being swept away by a raging stream in eastern Germany. Firefighters resumed their search for the man in...
IGI Launches European Subsidiary in Malta, Led by Mallia-Milanes from MAPFRE
Jul 14 2021 // International General Insurance Holdings Ltd. (IGI) announced it has set up a European subsidiary in Malta in order to access business across Europe. International General Insurance Co. (Europe) SE (IGI Europe), a...
Europe, U.S. and Canada Slammed by Record Weather Catastrophes in June: Aon
Jul 12 2021 // June 2021 left Europe with its costliest severe storm period on record. Meanwhile, over in the U.S. in Canada, record-setting heatwaves caused significant damage, according to Aon’s latest natural catastrophe...
EU Approves Aon-Willis Towers Watson Merger, but Other Roadblocks Remain
Jul 9 2021 // The European Commission has approved the acquisition of Willis Towers Watson by Aon, lifting a major roadblock to the proposed $30 billion merger. But there are more roadblocks to overcome. The approval is conditional on...
EU Fines VW, BMW $1B for Colluding to Curb Use of Emissions Cleansing Technology
Jul 8 2021 // BRUSSELS – The European Commission fined German carmakers Volkswagen and BMW a total of 875 million euros ($1 billion) on Thursday for colluding to curb the use of emissions cleaning technology they had developed. The...
Polluters, Not Taxpayers, Should Pay to Clean Up Environmental Damage: EU Auditors
Jul 6 2021 // BRUSSELS – Taxpayers are too often being forced to pay to clean up environmental damage while the companies responsible dodge the costs, the European Court of Auditors said on Monday. The European Union’s executive...
Update: Britain Unveils Blueprint to ‘Sharpen’ London’s Post-Brexit Competitive Edge
Jul 1 2021 // Britain’s finance minister pledged on Thursday to “sharpen” the competitive advantage of the UK financial services sector as he set out his vision for its future after the City of London lost business to...
EU Weighs Measures to Bring Financial Sector into Line with Its Climate Plans: Sources
Jun 30 2021 // The European Union is considering a wide range of measures to bring the bloc’s financial sector into line with its climate plans, sources who have seen a European Commission strategy paper told Reuters. The document...
EU Permits Free Flow of Data with UK to Avoid Violations of Its Strict Privacy Rules
Jun 29 2021 // The European Union gave its formal blessing to a decision guaranteeing the free flow of data between the bloc and the UK. The European Commission, the EU’s executive arm, on Monday adopted so-called adequacy...
EU to Update Workplace Safety Rules, Reflecting Shift to Home Working During COVID
Jun 29 2021 // BRUSSELS – The European Commission plans to update its rules on worker safety to reflect the shift millions employees made to working from home during the COVID-19 pandemic and to reflect the anticipated digital and...
Dutch Insurer NN Group Offers to Buy Part of MetLife’s European Businesses
Jun 28 2021 // NN Group NV offered to acquire part of MetLife Inc.’s businesses in Europe, saying the move is in line with its strategy to consolidate leading positions in attractive growth markets. The Dutch insurer said in a...
European Commission to Form Cyber Unit to Fight Growing Online Crime
Jun 23 2021 // The European Commission proposed on Wednesday to pool resources and expertise from the EU’s 27 countries for a joint cyber unit to fight online criminals amid a spate of high-profile hacks in Europe and...
