Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
EU Regulators Call for Changes to Landmark ESG Rulebook
Jun 19 2024 // Europe’s ESG rulebook, which is seen as the benchmark for setting sustainability-disclosure requirements worldwide, keeps getting pushback from the regulators charged with enforcing it. In an opinion to the European...
Fortegra Granted License to Operate in Belgium and European Union
Jun 11 2024 // The Fortegra Group Inc., the Jacksonville, Florida-based specialty insurer and subsidiary of Tiptree Inc., announced it has received approval to operate in Belgium and the European Union. Fortegra Belgium Insurance Co. NV...
Rightward Shift After Election Could Limit Future EU Climate Policies
Jun 11 2024 // A more rightward-leaning European Parliament will make it harder to pass ambitious EU climate policies, but the majority of Europe’s current world-leading green policies are likely to stay put, lawmakers, officials...
EU Weighs Proposal to Sanction Russian Oil Tanker Insurer Ingosstrakh
May 30 2024 // The European Union’s executive arm is examining the feasibility of a proposal by one of its member states to sanction Russia’s Ingosstrakh Insurance Co., as part of efforts to choke revenue generating streams...
People Moves: AXA XL Promotes Riha as Chief Client & Distribution Officer, APAC/Europe
May 17 2024 // AXA XL Promotes Riha as Chief Client & Distribution Officer, APAC & Europe AXA XL announced that Robert Riha has been appointed as chief client & distribution officer, APAC & Europe, effective July 1. In...
EU Finalizes Investment Fund Labels to Combat Greenwashing
May 15 2024 // The European Union’s securities watchdog confirmed on Tuesday final guidelines on when investment funds can label themselves as being “sustainable” without being accused of greenwashing. Trillions of...
VC Firm Accel Raises $650M to Invest in AI, Cybersecurity Startups in Europe, Israel
May 14 2024 // Venture capital firm Accel said on Tuesday it has raised a $650 million fund to invest in early-stage companies in Europe and Israel with a focus on artificial intelligence and cybersecurity. The new fund will be...
EU Countries Approve Law to Slash Trucks’ CO2 Emissions
May 14 2024 // European Union countries gave their final approval on Monday to a law to cut carbon dioxide emissions from trucks, which will require most new heavy-duty vehicles sold in the EU from 2040 to be emissions-free. The law will...
EU Firms’ Appetite for China Investment Sinks to Record Low
May 10 2024 // China is losing its luster as a top country to invest in as firms seek to avoid geopolitical risks and turn to Southeast Asia and Europe, according to a survey by the European Union Chamber of Commerce in China. Only 13%...
EU Commission Eyeing Exemptions for ‘Forever Chemicals’ Ban, Letter Shows
May 9 2024 // The European Commission is planning to allow exemptions from a proposed ban on substances known as PFAS, or “forever chemicals,” to protect key industries, a letter seen by Reuters on Wednesday showed. In the...
Markets/Coverages: Marsh Launches Insurance for EU Crypto-Asset Service Providers
May 8 2024 // Insurance broker Marsh announced the launch of MiCAssure, a proprietary insurance solution for crypto-asset service providers such as custodians, exchanges, and administrators operating within the European Union (EU),...
EU Aims to Target 11 Russian Ships Involved in Sanctions-Busting
May 7 2024 // The European Union has proposed restrictions on 11 vessels that contribute to Russia’s ability to sustain its war against Ukraine. The proposed measures, if approved by member states, would ban the ships from...
Red Sea Disruption to Shipping Could Cut Asia-Europe Capacity by 20%: Maersk
May 6 2024 // Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter. Maersk and other shipping...
EU Should Revisit Bank and Insurer Capital Rules: French President Macron
Apr 26 2024 // French President Emmanuel Macron called on Thursday for a revision of how Europe applies minimum capital rules to banks and insurers so that they are not too risk-averse and Europe is put at an economic disadvantage. The...
Europe Is Being Scorched and Flooded by Growing Climate Extremes
Apr 22 2024 // The European Union endured its joint-hottest year on record in 2023, according to new scientific analysis, pointing to a more perilous future for what is already the world’s fastest-warming continent. Europe...
Fragmented Europe to Make New Bid for US-Style Capital Market
Apr 15 2024 // After years of struggling to raise capital in European Union markets, Mews – a hospitality software firm with Czech roots – finally secured funding by registering as a Dutch company. For its next step, Mews is...
Europe Stands Firm Against US-Driven ESG Backlash
Apr 12 2024 // Steady investor demand in Europe for environmental and socially responsible investments and wide-ranging regulation are helping Europe’s finance industry withstand political pressures that have pushed some U.S. peers...
Climate Verdict for Swiss Women a Warning for European States, Oil Industry
Apr 12 2024 // Governments and companies that are lax on climate action should be worried since this week’s European human rights court ruling against the Swiss government improves the odds that other such cases could win at the...
EU Parliament Approves Law to Slash Trucks’ Carbon Footprint
Apr 11 2024 // The European Parliament voted on Wednesday to pass a law to reduce carbon dioxide emissions from trucks, which will require most new heavy-duty vehicles sold in the EU from 2040 to be emissions-free. The law will enforce a...
Europe’s Wildfires in 2023 Were Among Worst This Century: Report
Apr 11 2024 // The 2023 wildfire season in the Europe was among the worst this century, according to a European Commission report published on Wednesday. Last year, more than half a million (504,002) hectares, an area twice the size of...
