Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Energy Market Dynamics of Shifting Shale
Aug 4 2014 // The expansion of shale resource extraction encompasses several interrelated elements, including exploration risk, infrastructure project risk, and the risks associated with new or enlarged trade flows and the significant...
Allied World Europe Expands Professional Liability Team
Aug 1 2014 // Allied World Assurance Company Holdings, AG announced that Allied World Europe has expanded its professional liability team with the addition of two new vice presidents, Alec Goodair as Vice President, European Financial...
Allianz Poised to Reappoint Diekmann as CEO, but Considering Successors
Aug 1 2014 // Allianz is poised to reappoint Michael Diekmann as chief executive in October, investors believe, possibly delaying tough choices on whether Europe’s largest insurer expands its global presence or returns more cash...
Insured Global Disaster Losses in First Half Reached $22B: Aon Benfield
Jul 23 2014 // Insured losses from global natural disasters during the six-month period ending June 30, 2014 reached $22 billion. That compares to $27 billion in the first half of 2013 and is approximately 19 percent below the 10-year...
Airlines Shocked by Jet Attack; Ask Why No-Fly Zones Are So Rare
Jul 22 2014 // A universal no-fly area declared in eastern Ukraine after the downing of Malaysian Air Flight 17 is a rare restriction currently shared only with North Korea, prompting airlines including Deutsche Lufthansa AG to question...
Energy Market Dynamics of Shifting Shale
Jul 21 2014 // The expansion of shale resource extraction encompasses several interrelated elements, including exploration risk, infrastructure project risk, and the risks associated with new or enlarged trade flows and the significant...
Smart Meters Pose New Risks for Energy Industry
Jul 18 2014 // Last November, Felix Lindner came very close to shutting down the power supply of Ettlingen, a town of almost 40,000 people in the south of Germany. “We could have switched off everything: power, water, gas,”...
Everest Re Group Names Carrier European General Manager
Jul 15 2014 // The Bermuda-based Everest Re Group, Ltd. announced that Andrew Carrier will be joining the Company as President of Everest Advisors, UK and General Manager of European Operations, as of November 3, 2014. Carrier will join...
Insurers in Dash for Expertise to Master Cyber Risk Insurance
Jul 14 2014 // Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check. High profile cases of hackers...
Zurich Insurance to Double Green Bonds to $2 Billion on European Growth
Jul 14 2014 // Zurich Insurance Group AG, Switzerland’s largest insurer, doubled its planned investment in green bonds, citing their growing appeal in Europe. The company said in November that it wanted to invest as much as $1...
FERMA Agrees to Plan for European Certification of Risk Managers
Jul 10 2014 // The general assembly of the Federation of European Risk Management Associations (FERMA) announced that it has agreed a framework and funding to create European certification for risk managers. “The program will...
Allianz Says Investments in Roads, Grids Lack Political Support
Jul 10 2014 // Allianz SE said a lack of political support prevents investors from contributing more money to infrastructure projects such as roads or power and gas grids. “Politicians are still convinced infrastructure has to be...
Aon Benfield June Global, U.S. Cat Report: Thunderstorms, Hail, Floods
Jul 7 2014 // The Global Catastrophe Recap report for June from Aon Benfield’s Impact Forecasting highlights the outbreak of severe thunderstorms that affected Western and Central Europe during the first half of the month, causing...
Arch Capital Makes Reinsurance Group Promotions; Management Changes
Jul 7 2014 // The Bermuda-based Arch Capital Group Ltd. (ACGL) has announced promotions in the reinsurance group “to support the recent expansion of the Company’s mortgage insurance and reinsurance operations.” Marc...
Shares of ING’s NN Group Rise more than 5% in Stock Market Debut
Jul 2 2014 // Shares in NN Group, the insurance arm of Dutch financial services company ING Group, rose more than 5 percent on their stock market debut on Wednesday, in what was set to be Europe’s largest stock flotation so far...
ING Said to Price Insurance Unit at Midrange in $1.9 Billion IPO
Jul 1 2014 // ING Groep NV, the biggest Dutch financial-services company, is likely to price the initial public offering of its European insurance arm at €20 [$27.38], in the middle of its original price range, according to a person...
European Insurance Federation Opposes Compulsory Environmental Liability
Jul 1 2014 // “An EU-wide compulsory environmental liability insurance system would not benefit customers and so should not be introduced,” according to Insurance Europe, the European insurance and reinsurance...
Google Begins Complying with EU ‘Right to Be Forgotten’ Ruling
Jun 26 2014 // Google has begun removing some search results to comply with a European Union ruling upholding citizens’ right to have objectionable personal information about them hidden in search engines. The so-called...
Polish Insurer PZU Selling Eurobonds to Buy RSA Units
Jun 26 2014 // PZU SA, Poland’s biggest insurer, is selling 500 million euros ($681 million) of five-year bonds to help finance an acquisition. The state-controlled insurer is tapping the market after the European Central Bank cut...
ING Seeks as Much as $2.1 Billion from NN Insurance Offering
Jun 17 2014 // ING Groep NV, the biggest Dutch financial-services company, is seeking as much as €1.54 billion ($2.1 billion) in the first and what may be only public offering of its European insurance unit. The firm plans to offer 70...
