Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Buffett’s Favored Banker, Trott, Plans European Expansion with London Office
Nov 19 2015 // Warren Buffett’s favored banker, Byron Trott, is planning to expand his investment and financial advisory firm BDT Capital Partners in Europe with a London office to attract billionaire clients, sources familiar with...
Global Acts of Terrorism Cost $52.9 Billion in 2014 – Highest Price Since 9/11
Nov 17 2015 // In the wake of Friday’s massacre in Paris, a new report says the world is paying the highest price for terrorism since the 2001 attack on New York’s Twin Towers. In 2014, acts of terror cost the world $52.9...
It’s 2026, There’s a Food Security Crisis- How Does World Respond?
Nov 12 2015 // The year is 2026. Flooding, worsened by climate change, has devastated Bangladesh and driven millions of hungry refugees to its border with India. Worried about unrest and disease, India asks other nations for help. The...
German Advisers Warn Europe’s Low Interest Rate Policies Risk Financial Stability
Nov 12 2015 // The German government’s panel of economic advisers said on Wednesday the European Central Bank’s low interest rates were creating substantial risks, and Finance Minister Wolfgang Schaeuble warned of a...
Insurance and Safety Issues Delay Iran’s Entry into Global Oil Tanker Market
Nov 12 2015 // Even after Western sanctions are lifted, Iran’s oil tanker fleet is expected to face more hurdles before many of the vessels can start trading again due to insurance hiccups and tougher requirements over sea...
The Perilous North Atlantic – Europe’s War Time American Lifeline
Nov 10 2015 // Crossing the North Atlantic on a modern ocean liner is a pleasant and mostly uneventful experience these days. But gazing into the depths of the presently rather stormy ocean evokes the past, and the deadly conflicts,...
EU Expected to Agree to Securitization Plan by Year End, to Boost ABS Market
Nov 10 2015 // European Union finance ministers should reach a deal by the end of the year on a plan to revamp the securitization market in Europe, the European commissioner for financial services said on Tuesday. The European market for...
Allianz’ Q3 Profit Down 15% as Earnings Decline at P&C, Asset Management Units
Nov 6 2015 // Allianz SE, Europe’s biggest insurer, said third-quarter profit dropped 15 percent as earnings at its property and casualty and asset management units declined. Net income fell to 1.36 billion euros ($1.48 billion)...
A.M. Best: Europe Insurance Market Begins Recovery; Life Sector Drives Growth
Nov 2 2015 // Europe’s largest insurance markets have continued to show some signs of recovery, with many experiencing top-line growth, driven by the life sector, according to a new report by A.M. Best. In general, the increases...
EU, U.S. Insurance Organizations Call for ‘Full Inclusion’ in the TTIP
Oct 16 2015 // The American Insurance Association (AIA), Insurance Europe, and the American Council of Life Insurers (ACLI) have jointly issued a bulletin that reiterates their support “for the full inclusion of insurance in the...
Drugs Prices Much Higher in U.S. Than in Other Countries: Research
Oct 12 2015 // U.S. prices for the world’s 20 top-selling medicines are, on average, three times higher than in Britain, according to an analysis carried out for Reuters. The finding underscores a transatlantic gulf between the...
Willis Launches European Motor Risk Model for 3rd Party Exposures
Oct 12 2015 // Willis Group Holdings plc has launched a modeling tool that enables risk managers to forecast third party motor risk across Europe. The Dynamic Casualty Forecast tool uses Willis’ proprietary data so that a client...
New FERMA President to Focus on Success of Professional Certification Program
Oct 9 2015 // The new president of the Federation of European Risk Management Associations (FERMA), Jo Willaert, says the success of FERMA’s new professional certification program, rimap, is a principal objective of his two-year...
European Property Underwriting Forms Capacity Agreement with 3 Risk Partners
Oct 6 2015 // European Property Underwriting Limited (EPU), a London-based property owners MGA, has secured an exclusive capacity arrangement with three risk transfer partners, led by HDI Gerling, with major co/reinsurance...
ACE Enhances ACE Travel Smart for European Business Travel Insurance Buyers
Oct 6 2015 // ACE Group has launched two further enhancements to its ACE Travel Smart duty of care proposition for European business travel insurance buyers. The first of the new services is an online dashboard for human resources and...
Supreme Court to Hear Eurail Case on Foreign Entity Liability
Oct 5 2015 // The new Supreme Court term will include high-level discussions of affirmative action, free association and religious liberty. But the first Monday in October is starting with a suit about a Eurail pass. Specifically, the...
FERMA Launches 1st Professional Certification for European Risk Managers
Oct 5 2015 // The Federation of European Risk Management Associations (FERMA) has formally launched its program of European Certification for professional risk managers. It is the first such designation and is designed to reinforce the...
Insurers Respond Slowly to Growing Demand for Cyber Insurance: Timetric Report
Oct 5 2015 // The cyber risk insurance market is experiencing rapid development, with the size of global gross written premiums growing from US$850 million in 2012 to an estimated US$2.5 billion in 2014, according to a new report by...
Competition, Customer Demand Worry Global SMEs but Optimism Rises: Zurich
Oct 2 2015 // Small and medium-sized enterprises (SMEs) around the world are increasingly concerned about the impact of competition on margins and lack of consumer demand, according to Zurich Insurance Group’s third annual global...
Watchdog Says Corporations Say One Thing, Do Another on Climate Change
Oct 1 2015 // It’s all a masquerade. The business world has not embraced action on climate change as statements from some corporations seem to indicate. So says a new watchdog group out of London. Nonprofit InfluenceMap late last...
