Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Shell Plans to Restart Europe’s Biggest Oil Refinery After Recent Fire
Aug 9 2017 // Royal Dutch Shell Plc will attempt on Friday to restart one of two crude units at Europe’s biggest oil refinery that were halted by a fire late last month, a person with knowledge of the matter said. European diesel...
Post-Brexit Implementation Period ‘Desirable’ for UK, EU Firms: Bank of England
Aug 9 2017 // The Bank of England said a transition period after the Britain leaves the European Union would give banks more time to make orderly changes as Brexit poses risks to financial stability. With the UK due to leave the bloc in...
UK Businesses Struggle to Hire ‘Brightest & Best’; Recruiters Blame Brexit Vote
Aug 8 2017 // A shortage of staff for British employers worsened in July, hurt by the departure of European Union workers after last year’s Brexit vote, a group representing recruitment agencies said on Tuesday. The Recruitment...
Egg Contamination Leads to Widespread Cull of Hens in Europe
Aug 7 2017 // Millions of hens may need to be culled in the Netherlands after traces of a potentially harmful insecticide were found in eggs, a Dutch farming group said, ratcheting up the strain on a sector still reeling from a bird flu...
Chubb’s Claims Team Taps Scheidegger, Latter from Zurich; Promotes Smith
Aug 4 2017 // Chubb announced the appointment of three new positions within its regional claims team. Marc Scheidegger has been appointed as claims director, Continental Europe, and will be based in Paris. With 22 years of experience in...
Report Calls out $361M of Euro Insurer Assets in Expanding Coal Concerns
Aug 3 2017 // A climate activist group is calling out a handful of European insurers for having significant holdings in fossil fuels despite pledges by the companies to be more climate friendly. A report released today alleges that...
Update: Cyber Attacks Start to Hit Earnings of Global Companies
Aug 3 2017 // The cyber attack that crippled Ukraine businesses and spread worldwide to shut down shipping ports, factories and corporate offices has taken a costly toll on the results of major U.S. and European companies in the latest...
Brexit Transition Period Crucial to Protect London as Financial Center: UK Lawmaker
Aug 2 2017 // Transitional arrangements after leaving the European Union in 2019 will be crucial for protecting the economy and the City of London’s global role in finance, a senior British lawmaker said on Tuesday. Nicky Morgan,...
Climate Engineering Companies Aim to Curb Global Warming with Science
Aug 1 2017 // Scientists are sucking carbon dioxide from the air with giant fans and preparing to release chemicals from a balloon to dim the sun’s rays as part of a climate engineering push to cool the planet. Backers say the...
BHSI Opens Dublin Office, Names MS Amlin’s McNamara to Head Operations
Aug 1 2017 // Berkshire Hathaway Specialty Insurance Co. (BHSI), announced it has established a new office in Dublin and appointed Cormac McNamara as Property & Casualty manager, BHSI Ireland. “Cormac will build our local team...
Broker THB Taps Botelho from Universal Seguros to Bolster Reinsurance Team
Jul 31 2017 // THB, the London-based specialist insurance and reinsurance broker, announced the appointment of Rodrigo Botelho as director, European division, from Oct. 1, 2017. Based in THB’s Amsterdam office, Botelho’s...
BHSI Taps AIG’s Maxwell, Chubb’s Dilley for Exec. & Professional Lines in S. Europe
Jul 26 2017 // Berkshire Hathaway Specialty Insurance (BHSI) announced the appointments of Vanessa Maxwell as head of Professional Indemnity & Cyber Insurance and Tom Dilley as head of Financial Institutions in Southern...
UK to Ban Sales of Fossil Fuel Powered Cars by 2040 to Cut Air Pollution
Jul 26 2017 // The UK became the latest European country to mark the end of the line for diesel and gasoline fueled cars as automakers such as Volvo race to build electric vehicles or face the consequences of getting left behind. In...
UK Lawmakers Eye Options for Insurers, Banks to Keep Post-Brexit Access to EU
Jul 24 2017 // British lawmakers launched an inquiry on Monday into how banks and insurers could maintain access to the European Union market after Britain leaves the bloc in 2019. The House of Lords financial affairs committee said it...
The Dangerous Art of Selfies: Why Museums Should Take Note
Jul 24 2017 // Museum visitors snapping selfies are driving a spike in accidents that are putting exhibits at risk, according to Linda Sandell, senior vice president and chief underwriting officer with Huntington T. Block, a fine art...
UK Faces ‘Substantial’ Risk of Failure of Brexit Talks, Moody’s Warns
Jul 19 2017 // The risk that the UK will tumble out of the European Union in two years without a Brexit deal is “substantial,” Moody’s Investors Service said. Such an outcome would affect everything from banks to buses...
Beazley Launches Dublin-Based Insurer to Write Non-Life Insurance in EU
Jul 18 2017 // Specialist insurer Beazley has received authorization from the Central Bank of Ireland to convert its established Dublin-based reinsurance company into an insurance company permitted to transact business throughout the...
Brexit Must Be Stopped to Prevent Severe Economic Harm to UK: Former PM Blair
Jul 17 2017 // There’s a chance Britain won’t leave the European Union, former Prime Minister Tony Blair said Saturday, arguing that stopping Brexit is “necessary” to avoid severe economic damage. In an article...
Devastating S. Europe Drought Scorches Crops; Farmers Question Their Future
Jul 17 2017 // Italian durum wheat and dairy farmer Attilio Tocchi saw warning signs during the winter of the dramatic drought to come at his holding a mile away from the Tuscan coast. “When it still hadn’t rained at the...
Trump Administration to Sign Insurance Regulation Pact with European Union
Jul 17 2017 // The U.S. Treasury Department and the Office of the U.S. Trade Representative said they will sign the bilateral agreement between the United States and the European Union regarding regulation of insurance and...
