Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Travelers Europe Offers Enhanced Cyber Cover for UK & Ireland Tech Sector
Jan 4 2018 // Travelers Europe announced it has enhanced its offering for technology businesses in the United Kingdom and Ireland with a packaged product to provide improved protection against the unique cyber risks facing IT,...
EU Ruling Upholding Taxi Rules for Uber a Contrast to U.S. Approach
Dec 22 2017 // A European Union decision to treat Uber Technologies Inc. like a taxi company spotlights a trans-Atlantic divide over how governments cope with disruptive technologies and could embolden U.S. cities to restrict the...
Willis Towers Watson Places Cat Bond for France’s Covea Mutual
Dec 21 2017 // Willis Towers Watson Securities said it has structured and placed EUR 90 million of insurance-linked securities (ILS) for Covea Mutual Insurance Group, France’s largest domestic property/casualty insurance group. The...
Travelers Names Rnjak to Lead Its Lloyd’s Platform
Dec 21 2017 // Travelers Europe announced it has appointed Nick Rnjak to lead Travelers Syndicate Management Ltd., its wholly owned platform in the Lloyd’s insurance market. Rnjak most recently served as chief underwriting officer...
Blakey Named President, CEO of Starr Insurance Holdings as Dangelo Retires
Dec 20 2017 // Starr Companies announced the appointment of Steve Blakey as president and chief executive officer of Starr Insurance Holdings. Blakey replaces Chuck Dangelo, who has announced his retirement. Dangelo has been with Starr...
Factbox: Growing List of Insurers Make Brexit Plans for EU Subsidiaries
Dec 20 2017 // Below are insurers’ plans for EU subsidiaries (in alphabetical order) in case Britain does not have access to the single market after Brexit: ADMIRAL. British motor insurer Admiral Group said last year that it could...
Volante Global to Launch in Q1 2018 as Multi-Class International MGA Platform
Dec 20 2017 // Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, will launch and commence trading during Q1 2018, subject to Lloyd’s coverholder approvals where...
EU Court Rules Uber Should Be Regulated as Transport Firm, Not an App
Dec 20 2017 // Uber Technologies Inc. suffered a defeat when the European Union’s top court ruled its ride-hailing service should be regulated as a transport company, a decision that could set a precedent for the burgeoning gig...
Travelers Selects Dublin For EU Subsidiary After Brexit
Dec 20 2017 // U.S. insurer Travelers Cos. Inc. said on Tuesday its European arm will create a subsidiary in Dublin in response to Britain’s vote to leave the European Union. The company said it would apply for authorisation of a...
UK Employers Plan Hiring Despite Brexit Worries
Dec 19 2017 // British employers plan to hire more workers and raise pay more quickly in 2018, but they also fear that Brexit will make the country a less attractive place to do business, a survey showed on Tuesday. Fifty-one percent of...
Is Uber an App or Transport Firm? EU’s Top Court to Rule This Week
Dec 18 2017 // A debate in Europe over whether ride-hailing app Uber is merely a digital company or one providing transport services will be decided when the top European Union court hands down its verdict on Wednesday in a highly...
Navigators to Buy Belgian Specialty Insurer, Reinsurer
Dec 18 2017 // U.S.-based global specialty insurer The Navigators Group has agreed to purchase all of the shares of Assurances Continentales – Continentale Verzekeringen NV (ASCO) and Bracht, Deckers & Mackelbert NV (BDM),...
UK Keeps Top Spot in Financial Services, but Brexit Threatens: TheCityUK
Dec 15 2017 // Britain kept the top spot in global financial services exports last year, but Brexit threatens to raise barriers to its biggest market in Europe, TheCityUK said on Friday. The body, which promotes Britain as a financial...
Uber’s Food-Delivery Business to Provide Insurance for Couriers in Europe
Dec 15 2017 // Uber’s food-delivery business will begin offering an insurance package to its couriers in Europe, a move to address the conditions of “gig economy” workers. Riders for food-delivery companies such as Uber...
Gibraltar Introduces License for Fintech Firms Using Blockchain
Dec 14 2017 // Gibraltar’s financial services watchdog will introduce the world’s first bespoke license for “fintech” firms using blockchain distributed ledger technology (DLT) from next month in a bid to attract...
UK Supermarkets Analyze Customers’ Shopping Habits to Price Insurance Products
Dec 13 2017 // Ever wondered what your shopping habits say about your driving? Britain’s big supermarkets have. The two biggest, Tesco and Sainsbury’s, are offering discounts on financial products such as car insurance based...
Factbox: More Insurers Make Decisions About Post-Brexit Headquarters
Dec 13 2017 // Liberty Specialty Markets said it planned to redomicile its UK insurance company to Luxembourg, as a result of Britain’s decision to leave the European Union. Below are insurers’ plans for EU subsidiaries (in...
London Financial Industry Welcomes Brexit Breakthrough but Won’t Alter EU Plans
Dec 8 2017 // London’s financial industry welcomed progress on a divorce deal with the European Union on Friday but said it saw little reason to alter preparations for when Britain leaves the EU. The agreement on Friday paves the...
UK, EU Agree to Brexit Divorce Deal, Paving Way for Next Stage of Talks on Trade
Dec 8 2017 // Britain and the European Union struck a divorce deal on Friday that paves the way for arduous talks on future trade ties, easing immediate pressure on Prime Minister Theresa May and boosting hopes of an orderly Brexit. May...
Technology, Regulation Prove Double-Edged Swords in Product Recall Risk
Dec 6 2017 // Exploding Samsung phones, error-prone Takata airbags, faulty GM vehicle ignition switches, failing Johnson & Johnson hip implants — multi-billion dollar product recalls have become more common over the past...
