Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
A.M. Best: European Insurers Continue Emerging Markets’ Growth – with Caution
Sep 30 2015 // In an attempt to deploy excess capital, some major European insurers have developed overseas operations over the past several years but are now taking a more cautious approach, as not all overseas strategies have proven...
Volkswagen to Recall 11 Million Vehicles for Diesel Fix
Sep 29 2015 // Volkswagen announced plans on Tuesday to refit up to 11 million vehicles and overhaul its namesake brand to try to move on from the scandal over its cheating on diesel emissions tests. New Chief Executive Matthias Mueller...
Europe’s Rich Families – Such as EXOR’s Agnellis – Turn Dealmakers
Sep 29 2015 // John Elkann, the leader of Italy’s billionaire Agnelli family, has a way of preparing his relatives for a big takeover battle that you won’t see at your everyday company. In June, he gathered two branches of...
How Regulators Caught Volkswagen’s Diesel Deception
Sep 25 2015 // The confession of cheating that’s embroiled Volkswagen AG in one of the biggest scandals in auto industry history came on a cool California morning, on the sidelines of an academic conference focused on green...
Zurich Joins CityMobil2 to Test Automated Self-driving Buses in Europe
Sep 25 2015 // Zurich Insurance Group announced that it has been selected as the insurance associate to CityMobil2, an EU-funded research project that is staging tests of automated road transport systems with self-driving buses across...
EU Supervisors Face ‘Binding Mediation’ on Simple ABS Disagreements
Sep 24 2015 // National authorities in the European Union will have to submit to binding arbitration if they can’t decide whether to apply the bloc’s new rules on simple securitizations to a transaction, a European Commission...
ACE Names Littooij European Product Champion, Small Marine Commercial
Sep 22 2015 // ACE Group announced the appointment of Paul Littooij, currently marine manager for ACE in Benelux, to the additional role of European product champion, Small Marine Commercial, as it continues to expand its team to better...
EU Weighs Solvency II Capital Relief for Insurers’ Investments in Infrastructure
Sep 21 2015 // The European Union is preparing reduced capital requirements for insurers in a bid to spur investment in long-term infrastructure projects. The European Commission, the EU’s executive arm, is considering amending...
Intellectual Property News: KitKat, Williams Sonoma, Whole Foods, Skechers, Segway, GoDaddy, Apple
Sep 18 2015 // This wrap-up of recent intellectual property cases covers chocolate bar shapes, cookware designs, sneaker similarities, Korean TV copyright device, Quizno’s commercials, personal transporter technology, Oscar award...
National Promises to Cut Carbon Emissions Will Not Be Enough: United Nations
Sep 17 2015 // National promises to cut emissions as part of preparations for a United Nations summit at the end of the year would cap global warming at the unacceptably high level of 3 degrees Celsius, the UN’s climate boss said...
XL Catlin Forms New Leadership Team for Germany
Sep 9 2015 // XL Catlin has announced a new insurance leadership team for Germany. The integration process is now well underway across XL Catlin, with the company maintaining a strong focus on bringing together and retaining its top...
Xuber Survey Finds London Insurance Execs Fear ‘Brexit’
Sep 8 2015 // Xuber, Xchanging’s insurance software business, has published a survey, which concludes that almost three-quarters (71 percent) of insurance executives believe a UK exit from the European Union would be bad for...
Insurers Look to Cyber, M&A Coverage as Prices Decline: Marsh
Sep 7 2015 // Commercial insurance rates continued their global decline in the second quarter of 2015, a trend driven by an abundance of global capacity and a lack of large insured loss activity, Marsh said in its latest Global...
Aon Benfield August Cat Report Highlights Global Droughts, El Niño, Typhoons
Sep 4 2015 // The monthly report for August from Aon Benfield’s Impact Forecasting catastrophe model development team cites the “severe drought conditions” in the western U.S. as resulting in “economic losses...
National Emissions Plans Fall Short to Limit Climate Change – UN Study
Sep 3 2015 // National plans for limiting greenhouse gas emissions fall short of tough action needed to slow climate change under a United Nations agreement due in Paris in December, European researchers said on Wednesday. The plans...
Study Says European Insurers’ Assets under Management Hit $11 Trillion
Sep 2 2015 // European insurers’ assets under management jumped 9.4 percent to €9.9 trillion ($11.15 trillion) in 2014 from a year earlier, trade body Insurance Europe said on Tuesday, mainly driven by increased investment by...
Carvey Appointed Head of Treaty at Hamilton at Lloyd’s
Aug 31 2015 // Hamilton Underwriting Limited, the Lloyd’s managing agency of Bermuda-based holding company Hamilton Insurance Group, has hired Trevor Carvey as head of treaty. Carvey will report to Dermot O’Donohoe, chief...
Troubled Irish Insurers Seek Solvency II Support From Bond Investors, Buffett
Aug 28 2015 // Investors hunting for yield after a global financial rout might well take a detour to the headquarters of a tiny insurance company hidden away along a highway in west Dublin. Just as world markets cratered on August 24,...
European Re/Insurers Well Positioned to Withstand Market Volatility: A.M. Best
Aug 27 2015 // European re/insurers are well positioned to withstand the current volatility in the stock markets, having made significant changes to their investment portfolios since the global financial crisis of 2008, as well as the...
ANV Underwriters Hires Lippert to Boost Professional Lines Portfolio in Europe
Aug 25 2015 // ANV Underwriters, the international managing general underwriter (MGU) segment of global specialty insurance group ANV, has appointed Christina Lippert as professional lines underwriting manager for Europe. Based in...
