Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
U.K. Financial Services Firms Pay Record Taxes with Future Prospects Clouded by Brexit
Jan 7 2020 // Britain’s financial industry paid a record near-$100 billion in taxes in the year to March, reaffirming its central role in funding the state at a time when its future prospects have been clouded by Brexit. The 75.5...
BHSI Taps AIG’s Browne as Ireland Country Manager, Head of Casualty, U.K. & Europe
Jan 7 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has named Hilary Browne to the dual role of country manager for Ireland and head of Casualty for U.K. and Europe. Browne comes to BHSI with nearly 20 years of...
Climate Change, Cyber Warfare Risks Are Key London Market Issues for 2020: IUA
Jan 3 2020 // Climate change and cyber warfare risks are two key London market issues highlighted by the International Underwriting Association (IUA) in its business plan for 2020. The association said it is establishing a new market...
Germany Aims to Thwart African Swine Fever Edging Closer to Borders
Dec 31 2019 // German hunting dogs are being trained to sniff out dead wild boar, authorities are stockpiling electric fences along the eastern frontier and the government in Berlin is urging drivers not to toss ham-sandwich scraps out...
City of London’s Unity Begins Cracking over Brexit Trade Deal: Opinion
Dec 23 2019 // Boris Johnson’s triumphant U.K. election victory makes Brexit a near certainty next month. For the City of London, Britain’s split from its biggest trading partner is a huge leap into the unknown; one that will...
U.K. Business Executives, Economists, Politicians React to New BoE Boss Bailey
Dec 20 2019 // Britain’s new government named Andrew Bailey as the next Bank of England boss on Friday. Following is reaction to his appointment. LIZ MARTINS, UK ECONOMIST, HSBC “In terms of Mr Bailey’s position on the...
U.K. Names Bailey as Bank of England Chief, Succeeding Carney
Dec 20 2019 // Andrew Bailey will be the next head of the Bank of England after the government chose to replace Mark Carney with the U.K.’s top financial regulator, just as Britain faces the next phase of Brexit. He’ll start...
Airlines Liable for Hot Drink Burns During Flights, EU Court Rules
Dec 19 2019 // Airlines are liable for a hot drink accidentally spilled and hurting a passenger, the European Union’s top court said in a dispute involving a carrier founded by the late-Formula One motor-racing champion Niki...
Starr Taps Swiss Re’s Nawrath as Underwriting Chief for New Aviation Unit in Germany
Dec 18 2019 // Starr Insurance Cos. announced the appointment of Carsten Nawrath as Aviation underwriting manager, leading the build-out of a new Aviation insurance operation based in Munich, Germany. The operation will write aerospace...
UK Financial Services Sector Remains Resilient Ahead of Brexit: Research
Dec 18 2019 // Britain’s exports of financial and related services rose to 83 billion pounds ($106.5 billion) last year, with the European Union still the biggest customer, underscoring the importance of retaining market access to...
Political Risk Losses Up in 2019, Hitting 68% of Surveyed Firms
Dec 16 2019 // A survey of 41 major corporations by broker Willis Towers Watson found that 61% believe political risk levels increased in 2019 while 68% have actually suffered a political risk loss. Disruption of international trade was...
EU Top Court to Hear Privacy Issues of Tech Firms’ Personal Data Transfers
Dec 15 2019 // Austrian privacy activist Max Schrems’ seven-year battle against Facebook reaches a crucial point on Dec. 17 when an adviser to Europe’s top court will issue his view on whether tools used by companies to...
Driver Privacy Concerns in Auto Insurance. There’s an App for That.
Dec 13 2019 // Apps that let you book a ride to work or borrow a car for your next vacation are feeding into a revolution in auto insurance — while also raising some privacy red flags. Data on everything from how frequently a car...
Big Victory for Johnson and Brexit. Now What?
Dec 13 2019 // Prime Minister Boris Johnson won a sweeping election victory on a promise to “Get Brexit done,” but a reality check awaits for voters hoping that the messy divorce is finally over. It’s just the...
Big Victory for Johnson and Conservatives Clears Way for Quick Brexit
Dec 13 2019 // Britain was speeding towards Brexit on Friday after Prime Minister Boris Johnson won a crushing election victory, ending three years of uncertainty since the country decided to leave the bloc. Exiting the European Union, a...
What’s At Stake for Britain’s Economy as Voters Go to Polls Today?
Dec 12 2019 // The two main parties in Britain’s election on Thursday offer contrasting plans on spending, tax, the role of the state, trade unions and Brexit. Below is a summary of the main economic policies of Prime Minister...
North Korean Hackers Found Partnering With Eastern European Cyber Criminals
Dec 12 2019 // North Korean state-backed hackers appear to be cooperating with Eastern European cybercriminals, a report said on Wednesday, a finding that suggests digital gangsters and state-backed spies are finding common ground...
EU Regulators to Weigh If Antitrust Rules Fit for Today’s Global, Digital Markets
Dec 9 2019 // EU regulators will review two-decade old rules that determine if companies have the market power to throttle rivals or control prices to take into account globalization and digitalisation, Europe’s antitrust chief...
Political Risk Losses Up in 2019, Hitting 68% of Surveyed Firms: WTW
Dec 6 2019 // A survey of 41 major corporations by broker Willis Towers Watson found that 61% believe political risk levels increased in 2019 while 68% have actually suffered a political risk loss. Disruption of international trade was...
U.K. Investment Firm Centricus Forms Insurance Venture with Ex-Goldman Partner
Dec 6 2019 // Centricus, the U.K. investment firm that helped SoftBank Group Corp. raise its $100 billion Vision Fund, is entering the insurance industry by forming a joint venture with former Goldman Sachs Group Inc. partner Chris...
