Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
While You Were Busy, You May Have Missed These
Mar 22 2019 // “The problem is that those of us who are lucky enough to do work that we love are sometimes cursed with too damn much of it.” ― Terry Gross, All I Did Was Ask: Conversations with Writers, Actors, Musicians,...
EU Gives UK Prime Minister Two Extra Weeks to Avoid No-Deal Brexit
Mar 22 2019 // European Union leaders staved off the threat of the U.K. crashing out of the bloc without a deal next Friday by giving Theresa May an extra two weeks to work out what to do. At a summit in Brussels on Thursday, the leaders...
Liberty Mutual Opens European Headquarters in Luxembourg in Preparation for Brexit
Mar 21 2019 // Liberty Specialty Markets, part of Liberty Mutual Insurance Group, said it has re-domiciled its European insurance company Liberty Mutual Insurance Europe SE (LMIE) to Luxembourg, the home of its European...
UK on Brink of No-Deal Divorce with EU as Brexit Endgame Nears
Mar 21 2019 // Theresa May gambled on a desperate bid to get her Brexit deal approved by Parliament, as a standoff with the European Union drove Britain to the brink of an economically disastrous no-deal divorce. The premier heads to the...
Another Money Laundering Risk Seen Coming from Firms Providing Payment Services
Mar 20 2019 // As one avenue for money launderers is shut, another one may be opening. In Denmark, home to Danske Bank A/S, the authorities are now taking a closer look at companies that provide payment services. The worry is that the...
UK Prime Minister to Ask EU for Brexit Delay – But How Much Time Is Needed?
Mar 20 2019 // Britain’s messy divorce from the European Union is once again stuck between the demands of Theresa May’s divided government and the reality of what the bloc is willing to offer her — this time over how...
Brexit Makes It Harder for Fintech, Financial Services Firms to Recruit Top Talent: Report
Mar 19 2019 // Leaving the European Union is making it harder for fintech firms in Britain to recruit top talent, a report said on Tuesday, threatening to slam the brakes on a 7 billion pound ($9 billion)growth sector just as EU states...
Lengthy Brexit Delay Grows More Likely After House Speaker Torpedoes PM May’s Plans
Mar 19 2019 // Theresa May looked set to seek a long extension to the U.K.’s European Union membership after the House of Commons speaker torpedoed her plan to win Parliamentary approval for her deal to leave the bloc. Officials...
Update: Cyber Attack at Aluminium Producer Norsk Hydro Causes Production Outages
Mar 19 2019 // Norsk Hydro ASA, one of the world’s biggest aluminum producers, suffered production outages after a cyber attack affected operations across Europe and the U.S. The company said it was still working to contain the...
The Strategy Behind Hamilton Insurance’s Move to Buy Pembroke, Ironshore Europe
Mar 15 2019 // Strategy plus some remarkably good timing helped lead to Hamilton Insurance Group’s first acquisition deal under the leadership of CEO Pina Albo. On March 14, Hamilton announced it would acquire Liberty...
Italy’s Generali to Seek Acquisitions in Europe, Asia and U.S., Says CEO Donnet
Mar 15 2019 // Italy’s top insurer Generali said it was ready to look around for growth opportunities in Europe, Asia and the U.S. on Thursday and said it was well positioned to achieve the targets it set in November for the years...
UK Lawmakers Vote Overwhelmingly to Ask EU for Brexit Delay
Mar 14 2019 // British lawmakers voted overwhelmingly on Thursday to seek a delay in Britain’s exit from the European Union, setting the stage for Prime Minister Theresa May to renew efforts to get her divorce deal approved by...
Hamilton to Buy Pembroke Managing Agency, Ironshore Europe DAC from Liberty Mutual
Mar 14 2019 // Hamilton Insurance Group Ltd., the Bermuda-based holding company of re/insurance operations in Bermuda and at Lloyd’s, announced it has signed a definitive agreement with Liberty Mutual Group to acquire the Pembroke...
UK Parliament Rejects No-Deal Brexit; Vote Planned to Delay EU Exit
Mar 13 2019 // British lawmakers on Wednesday overwhelmingly rejected leaving the European Union without a deal, paving the way for a vote to delay Brexit to seek a way out of Britain’s worst political crisis in...
EU Decision to Put Bermuda on List of Global Tax Havens ‘a Setback’: Premier Burt
Mar 13 2019 // Bermuda’s Premier David Burt on Tuesday called the European Union’s decision to put the British overseas territory on a list of global tax havens “a setback” but said he was confident it would soon...
Norwegian Air to Seek Compensation from Boeing for Costs of MAX Groundings
Mar 13 2019 // Norwegian Air said on Wednesday it will seek compensation from plane maker Boeing for costs and lost revenue after grounding its fleet of 737 MAX 8 aircraft in the wake of the Ethiopian Airlines crash. “We expect...
Update: Groundings of Boeing 737 MAX 8 Cascade Globally
Mar 13 2019 // Aviation regulators around the globe are grounding Boeing‘s 737 MAX aircraft following Sunday’s deadly plane crash in Ethiopia. Regulators in the United States, where Boeing is based, remained an...
PartnerRe Restructures P/C Business, Makes Changes to Executive Leadership Team
Mar 13 2019 // PartnerRe announced the company will reorganize its Property & Casualty (P&C) business segment into a regional structure while making several changes to its executive leadership team. Effective April 1, 2019,...
Brexit Chaos Continues as Parliament Again Defeats PM May’s EU Divorce Deal
Mar 13 2019 // British lawmakers crushed Prime Minister Theresa May’s European Union divorce deal on Tuesday, thrusting Britain deeper into crisis and forcing parliament to decide within days whether to back a no-deal Brexit or...
Luxembourg Attracts 50 Firms for Their Post-Brexit EU Headquarters
Mar 12 2019 // Luxembourg said it is “very pleased” that about 50 asset managers, insurers, and other financial firms have looked to the Grand Duchy as a foothold in the European Union once the U.K. leaves the bloc. “We...
