Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
KKR-Backed Optiv Plans to Offer Cyber Security Services in Europe
Jan 24 2018 // Optiv Security, an acquisitive Denver-based company backed by private equity firm KKR, is expanding into Europe where it will offer its cyber security management and consultancy services, executives said on Tuesday. Optiv...
TigerRisk Names Beckers, from Aon, as Partner and Head of EMEA
Jan 23 2018 // TigerRisk Partners LLC, the Stamford, Conn.-based re/insurance broker, announced that Marc Beckers has been named partner and head of EMEA. Beckers, most recently head of Aon Benfield ReSolutions EMEA, is one of...
Facebook Responds to EU’s New Data Law with Changes to Privacy Controls
Jan 23 2018 // Facebook will make it easier for its more than 2 billion users to manage their own data in response to a tough new European Union law that comes into force in May, the social network’s Chief Operating Officer Sheryl...
Airbus Looks to Insurers to Fill Export Trade Funding Gap After Europe’s Freeze
Jan 23 2018 // Airbus said on Monday it is working with private insurance firms and banks to help fill a two-year gap in trade funding left by a European freeze on government export credits, but expects limited public financing to resume...
UK Government Hit for Failing to Publish Brexit Position Paper on Financial Services
Jan 23 2018 // Business leaders have criticized Britain’s government for its failure to publish a long-delayed paper on the future of its financial services industry after Brexit. Senior financiers say they were told after the...
London Market’s Priorities in 2018 Are Regulation, Brexit, Modernization: IUA
Jan 22 2018 // Regulatory developments, such as the EU’s new data protection law, will dominate priorities for the London company insurance market in 2018, according to the International Underwriting Association in its annual...
Companies Across Globe Race to Comply with EU’s Data Protection Law
Jan 22 2018 // Business is booming for software and privacy experts as companies across the globe spend millions of dollars to comply with a landmark European data protection law, even as many uncertainties remain about how the rules...
Luxembourg Sees No Reason to Change EU ‘Delegation’ Rules After Brexit
Jan 22 2018 // Luxembourg’s finance minister Pierre Gramegna said on Friday the European Commission should stick to the current rules that allow funds managed in London to be domiciled and regulated in another country. His comments...
Edison Motor Launches on Volante’s New UK-Based MGA Platform
Jan 19 2018 // Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, has announced the launch of Edison Motor and the appointment of Steven Dickie and Doug Ockwell as joint...
London’s Brexit-Related Job Losses Will Be Fewer Than 1st Feared: Policy Chief
Jan 19 2018 // Britain’s vast financial services industry will suffer far fewer job losses from Brexit than first feared, the City of London’s policy chief told Reuters, in remarks that will boost supporters of leaving the EU...
EU Will Reap Benefits of London Staying Strong Financial Hub After Brexit: Opinion
Jan 17 2018 // Last week, the U.K. government asked German business leaders for help in securing a good deal with the European Union on financial services. The request deserves to be taken seriously. Europe’s businesses have much...
Here Are Some Post-Brexit Scenarios Being Discussed for UK Financial Services
Jan 16 2018 // A stand-off between Britain and the European Union over the future of London’s vast financial services industry is shaping up as one of the key Brexit battlegrounds of this year. EU trade negotiator Michel Barnier...
CNA Hardy Names Middleton as CEO of Post-Brexit EU HQ in Luxembourg
Jan 12 2018 // CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, has appointed Stuart Middleton as CEO of its Luxembourg subsidiary, subject to regulatory approval. The...
Insured Losses for Europe’s Storm Egon Finalized at $329.7M by PERILS
Jan 12 2018 // The final insured loss estimate for windstorm Egon, which primarily affected France and Germany on Jan. 12-13, 2017, is €275 million (329.7 million), according to PERILS AG, the independent Zurich-based company that...
Insured Losses from Europe’s Storm Eleanor/Burglind Estimated at $1.3B-$1.9B: AIR
Jan 12 2018 // Insured losses from winter Storm Eleanor/Burglind, which hit northern Europe on Jan. 3, will range between €1.1 billion ($1.3 billion) and €1.6 billion ($1.9 billion), according to estimates from catastrophe modeling...
Failure to Agree on Brexit Deal Could Jeopardize 500,000 UK Jobs: Study
Jan 11 2018 // What would happen if the U.K. leaves the European Union in March 2019 with no deal on the single market, customs union or transition arrangements? London Mayor Sadiq Khan commissioned a study and the answer was half a...
UK Prime Minister to Meet Finance Heads to Discuss Brexit’s Threat to London
Jan 10 2018 // Britain’s Prime Minister Theresa May will meet executives from major finance companies on Thursday to give them a clearer idea of what Britain’s European Union exit will mean for them. There are concerns that...
UK Names Former Accenture Exec to Oversee London Financial Services Industry
Jan 10 2018 // Prime Minister Theresa May has appointed a former management consultant John Glen as the new City minister to oversee a financial services sector facing upheaval as Britain prepares to leave the European Union. Glen, whose...
London’s Brexit-Related Job Losses May Not Be as High as Initially Feared
Jan 8 2018 // British banking, insurance and asset management job losses to the European Union due to Brexit might not be as heavy as initially feared, the City of London financial district said on Monday. Jeremy Browne, the...
Most UK Tories Oppose 2nd Brexit Vote; 78% of Labour Would Support It
Jan 5 2018 // The overwhelming majority of members of Prime Minister Theresa May’s Conservative Party don’t want there to be a second referendum on Britain’s EU membership, according to a survey published Thursday. For...
