Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Ireland’s Medical Insurer Vhi Extends Buffett Reinsurance Deal by Four Years
Jun 17 2014 // Vhi Healthcare, the Irish state-owned medical insurer, extended a reinsurance accord with Warren Buffett’s Berkshire Hathaway Inc. as it seeks to move risk from its balance sheet and avoid a taxpayer...
U.N. Climate Talks Fracture over Future of Carbon Markets
Jun 16 2014 // The use of carbon markets to curb rising greenhouse gas emissions was dealt a blow on Sunday after two weeks of United Nations talks on designing and reforming the mechanisms ended in deadlock. The negotiations, held as...
Best to Endorse Selected Ratings outside EU for Regulatory Use
Jun 16 2014 // A.M. Best Europe – Rating Services Limited (AMBERS) has confirmed that it has notified the European Securities and Markets Authority (ESMA) that, effective immediately, “AMBERS intends to endorse selected...
Heat Wave, Thunderstorms Batter Europe: AIR Analysis
Jun 13 2014 // Catastrophe modeling firm AIR Worldwide has analyzed the severe thunderstorms that pummeled western and central Europe, starting on Sunday, June 7. The storms packed “extremely strong and damaging winds, large hail,...
In Search of the Best Defense Against Corporate Cyber Crime
Jun 11 2014 // With hackers stealing tens of millions of customer details in recent months, firms across the globe are ratcheting up IT security and nervously wondering which of them is next. The reality, cyber security experts say, is...
Willis Names Tech, Media, Telecom Leaders – Srail for No. Am. Motzfeldt for Europe
Jun 10 2014 // Willis Group Holdings announced that it has reinforced its position as a risk adviser and insurance broker for the technology, media and telecommunications (TMT) sector with the appointment of new regional leaders for...
Disaster Cost Has Quadrupled Since 1980s: EU Commissioner
Jun 8 2014 // The average annual cost of natural disasters has quadrupled over the last three decades and it makes economic sense to boost spending on preparedness to ensure a stable future, a senior European official said last...
AIG Appoints McNamee as UK Managing Director
Jun 6 2014 // AIG in Europe announced the appointment of Jacqueline McNamee as Managing Director, UK Zone, reporting to Anthony Baldwin, Managing Director and Head of Distribution, EMEA. She is replacing Nicolas Aubert, who has become...
ING to Sell Shares in NN Insurance Unit as Soon as July
Jun 5 2014 // ING Groep NV, the biggest Dutch financial services company, confirmed its plans, first made public last week, to sell shares of its European insurance unit in an initial public offering, which it has now announced could...
EU Notes Its Success in Climate Change Goals as UN Talks Start
Jun 4 2014 // The European Union touted its success in cutting greenhouse gases at U.N. talks on climate change on Wednesday, where a U.S. plan to cut power plant emissions has lifted hopes for a global deal in 2015. An adviser to the...
Vienna Insurance Stays Out of Russia as Acquisition Targets Rare
Jun 2 2014 // Vienna Insurance Group AG (VIG), Eastern Europe’s biggest insurer, said it won’t expand into Russia even as the number of acquisition targets in other parts of the region shrink. VIG, which is based in the...
ING’s $2.7 Billion IPO to Test Buyer Appetite as Prices Fall
May 29 2014 // ING Groep NV will try to execute Europe’s biggest initial public offering this year even as investor demand declines and competing share sales increase. The largest Dutch financial-services company is seeking to...
XL’s Rosengarten on How Mega Trends Exacerbate Risks; It’s a Scary World
May 27 2014 // Jacob Rosengarten, Chief Enterprise Risk Officer for XL Group, in a keynote speech at the European Insurance Forum in Dublin, examined how greater connectivity and technology are intensifying global risks and contributing...
Lloyd’s U.S. Chief on Board with Climate Change
May 22 2014 // Despite risking offense to non-believers, Hank Watkins didn’t hesitate when he was asked if climate change was upon us. Watkins, president of Lloyd’s America, talked about an extensive report Lloyd’s of...
Brokerslink Splits EMEA Region to Boost African, Middle East Expansion
May 22 2014 // Independent insurance network Brokerslink announced that it has reorganized its previous Europe, Middle East and Africa (EMEA) trading area by splitting it into two separate regions: Europe and Middle East & Africa...
Record Flooding Impacts Southeast Europe: AIR Analysis
May 20 2014 // According to catastrophe modeling firm AIR Worldwide, Southeast Europe is experiencing record levels of flooding after three months’ worth of rain fell in just three days. The report cited the “many...
‘Mega Trends’; Optimism at the EIF 2014 Conference; DIMA CEO Interview
May 19 2014 // Ireland has been through some difficult economic times, but this year’s European Insurance Forum, held at the Four Seasons Hotel on May 15 and 16, highlighted the progress that’s been made, and the bright...
Europe Moves Ahead with Self-Driving Cars in Reponse to Google
May 19 2014 // Cars could be driving themselves down the world’s streets far sooner than expected, thanks to a change in a global treaty backed by European countries. A little-noticed amendment to the United Nations Convention on...
Generali Begins Talks on BSI Sale; Q1 Profit Up 9.4%
May 15 2014 // Italian insurer Generali expects to meet key capital and asset sales targets ahead of time after kicking off talks with Brazil’s BTG Pactual for a possible sale of Swiss unit BSI, a central plank of its...
EU Court Backs ‘Right to Be Forgotten’ in Ruling Against Google
May 13 2014 // Google Inc. may be ordered to remove personal information from its search engine after the European Union’s top court paved the way for citizens to have a “right to be forgotten.” “Links and...
