Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
FERMA Calls on EU Parliament to Enforce Minimum Disclosure Standards for All Broker Business
Mar 20 2013 // The Federation of European Risk Management Associations (FERMA) is calling on the European Parliament to ensure that all insurance buyers are entitled to a minimum European standard of disclosure in the revised Insurance...
Cyprus Bank Deposit Tax Sets ‘Dangerous Precedent,’ Says IIF Head
Mar 19 2013 // A proposal to impose a tax on bank deposits in Cyprus sets an “incredibly dangerous precedent” and undermines confidence built up in recent months over Europe’s handling of its debt crisis, the head of a...
Aon Unveils 2013 Interactive Political Risk Map; Focus on Emerging Markets
Mar 19 2013 // To complement its print version, Aon Risk Solutions, the global risk management business of Aon plc, has unveiled a new online and interactive political risk map with data going back more than 15 years. Aon explained the...
More U.S. Than European Drivers on Phone: Study
Mar 19 2013 // Distracted driving is more widespread in the U.S. than in Europe, according to a study that surveyed drivers about their cellphone and texting habits. More U.S. drivers reported talking on their cellphones behind the wheel...
National Weather Service Chief Focused on Improving Forecasting
Mar 14 2013 // Computing power gives Europeans a commanding advantage when it comes to weather forecasting and storm tracking, but the new head of the National Weather Service hopes to see the United States regain its leadership in that...
Finaccord Reports on Bancassurance in Global Markets
Mar 14 2013 // A new report from UK based market research, publishing and consulting firm Finaccord notes that “emerging markets in the Asia-Pacific region and Latin America offer the most growth potential for bancassurers but the...
Aon Benfield’s Impact Forecasting Launches New Cat Scenario Models
Mar 14 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has launched a suite of new scenario models to generate loss estimates for specific historic or hypothetical events. The bulletin...
India Set to Halt Iran Oil Imports over Refinery Insurance Coverage
Mar 8 2013 // India is set to halt all crude imports from Iran because insurance companies in the country have said refineries processing the oil will no longer be covered due to Western sanctions, the head of refiner MRPL said on...
EU Parliament Head Sees ‘Enormous Opportunity’ in U.S. Trade Deal
Mar 8 2013 // The head of the European parliament has come out firmly in favor of a trade deal with the United States, soothing concerns that the increasingly influential body could block a deal on which talks are due to start in...
EU Fines Microsoft $731 Million for Breaking Browser Choice Promise
Mar 6 2013 // The European Union fined Microsoft Corp €561 million [$731.5 million] on Wednesday for failing to offer consumers a choice of web browser, a charge that will act as a warning to other technology firms involved in...
Sources: Spain’s Bankinter, Apollo Global Team up to Bid for Generali’s BSI Bank
Mar 5 2013 // Spain’s Bankinter has joined forces with U.S. investment fund Apollo Global Management to bid for Italian insurer Generali’s Swiss private bank BSI in a deal worth up to €2 billion ($2.6 billion), three...
Willis Changes Management for Central, East Europe; Middle East, Africa
Mar 5 2013 // Willis Group Holdings announced that Toby Wemyss has been appointed as Regional CEO of the Group’s Central and Eastern Europe, Middle East and Africa operations, effective April first. He will be based in London and...
Willis Appoints Harding CEO – Captive Practice in Europe
Mar 1 2013 // Willis Group Holdings has appointed Lesley Harding as CEO of the Willis Global Captive Practice in Europe, effective March 1. She reports to Malcolm Cutts-Watson, Chairman of the Willis Global Captive Practice – Europe,...
Tempo Underwriting Teams with Berkley Europe for Commercial D&O
Feb 22 2013 // UK-based Tempo Underwriting announced that it has started underwriting Commercial D&O through a binding authority arrangement with W. R. Berkley Insurance (Europe), Limited, the European affiliate of W.R....
Despite Uncertainty, Momentum Building for M&As in 2013: PwC
Feb 21 2013 // While 2012 was a flat year for financial services mergers and acquisitions (M&A) overall, there was a surge in the fourth quarter and there is reason to think activity will pick up in 2013, according to a new...
Horsemeat Blame Game Ricochets across Europe
Feb 18 2013 // Accusations, denials and threats to sue reverberated around Europe on Friday as meat traders, food processors, retailers and governments all rejected blame for horsemeat found in ever more beef dishes across the...
G20 Wrangles over Currencies, Borrowing, Deficits at Moscow Talks
Feb 15 2013 // The Group of 20 major economies struggled on Friday to find common ground on currencies and borrowing, exposing rifts between advocates of a dash for growth and supporters of more austerity to revive the world economy. A...
EU Formally Proposes Plans for 11-Nation Financial Trading Tax from 2014
Feb 14 2013 // The European Union’s executive formally proposed on Thursday a tax on financial trading in 11 countries to raise up to €35 billion [$46.7 billion] annually, a step investors said would hit savers and pension...
U.S. Chamber, Europe Business Group Welcome U.S-EU Free Trade Talks
Feb 14 2013 // In a joint statement the U.S. Chamber of Commerce President and CEO Thomas J. Donohue and the President of BUSINESSEUROPE Jürgen R. Thumann welcomed the release of the final report of the U.S.-EU High Level Working Group...
Goals of the U.S.-EU Free Trade Agreement; Re/Insurance Regs Reconsidered
Feb 13 2013 // Negotiations for a free-trade agreement between the United States and the European Union are set to begin within months, almost two decades after the idea was first floated between the world’s two largest...
