Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
XL Promotes Sinz to Regional Manager Cont. Europe – Distribution/Network
May 28 2013 // The XL Group announced that it has promoted Kadidja Sinz to the role of Regional Manager Continental Europe in the Insurance segment’s Distribution and Network function. She will also continue as Country Manager for...
EU Lawmakers Back French Demands to Limit U.S. Trade Talks
May 24 2013 // European Union lawmakers voted on Thursday to limit the scope of a proposed free-trade deal between Europe and the United States, backing French demands to leave out culture and potentially irritating Washington. The...
S&P Applies Revised Insurance Criteria to 22 Reinsurers and Subs
May 24 2013 // Standard & Poor’s Ratings Services announced that it has reviewed its ratings on 22 large global reinsurance groups by applying its new ratings criteria for insurers, which were published on May 7, 2013. (See...
Insurers, Banks Leveraging Trade Talks to Change Dodd-Frank
May 23 2013 // U.S. bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis. While the companies say they...
Ratings Recap: Dubai Insurance, Jupiter, Ardelis, TT Club
May 23 2013 // A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable and affirmed the issuer credit rating (ICR) of “bbb” and the financial strength rating (FSR) of ‘B++’...
Daucourt Joins XL Group as COO Int’l. Property/ Casualty
May 22 2013 // XL Group announced the appointment of Thierry Daucourt as Chief Operating Officer of its International P&C Insurance business. He will be responsible for supporting the unit’s Chief Executive, Jason Harris, in...
European Union Set to Vote on ‘Too Big to Fail’ Law
May 20 2013 // A European Union law up for a vote on Monday will only fully shield taxpayers from bailing out troubled banks if there is a global framework as well, a top UK regulator said on Monday. Bank of England Deputy Governor Paul...
Emerging Markets to Lead in Insurance Growth: Munich Re
May 17 2013 // Emerging markets will see the highest growth in premiums for insurance companies this year and next, while Europe lags, according to the world’s biggest reinsurer, Munich Re. In a study published on Thursday, Munich...
U.S., European Retailers Divided on Safety Plan for Bangladesh Factories
May 16 2013 // A trans-Atlantic divide between European and U.S. retailers over how best to respond to fatal disasters in Bangladesh textile factories split wide open on Wednesday, with U.S. retailers claiming their European counterparts...
Terrorism & Political Violence Map: Aon Risk Solutions
May 15 2013 // The continued threat of a terrorist attack or political violence worldwide persists and is not going away anytime soon. Despite 19 countries showing improved terrorism and political violence ratings, according to...
North American Retailers Devising Own Bangladesh Workplace Safety Plans
May 15 2013 // North American retailers on Tuesday discussed forging their own Bangladesh safety agreement–an alternative to a legally binding accord that many European retailers have signed on to–though details of any...
DIMA’s CEO Examines Ireland’s Links to Re/Insurance and Europe
May 13 2013 // The European Insurance Forum, held in Dublin on the 9th and 10th of May, presented an opportunity to examine Ireland’s progress in overcoming the financial crisis that caused a severe recession beginning in 2008. It...
Flexing Antitrust Muscle; China is a New Hurdle for Mergers & Acquisitions
May 6 2013 // China’s new-found clout in regulating global mergers is causing headaches for companies seeking high-stakes deals that need Beijing’s approval. Where corporate lawyers and advisers were once primarily concerned...
EU Considering Action; Pope Comments after Bangladesh Building Disaster
May 2 2013 // The European Union is considering trade action against Bangladesh, which has preferential access to EU markets for its garments, to pressure Dhaka to improve safety standards after a building collapse killed more than 400...
Ebix Europe to Provide Tech Services for Ropner Insurance Services
May 1 2013 // Ebix Europe, a subsidiary of Atlanta-based Ebix, Inc., which provides global insurance trading platforms and messaging products, has been appointed by marine broker Ropner Insurance Services to provide its London market...
EU to Ban Neonicotinoid Pesticides Blamed for Harming Bees
May 1 2013 // The European Union will ban three of the world’s most widely-used pesticides for two years because of fears they are linked to a plunge in the population of bees critical to the production of crops. The executive...
‘Business As Usual’ Following Departures of AIG Execs
Apr 29 2013 // American International Group (AIG) has no intention of changing its excess and surplus lines business following the departure of four of its key commercial lines executives for Berkshire Hathaway. “It’s...
EU Supports French Demand; Trade Talks with U.S. Should not Cover Culture
Apr 26 2013 // European Union lawmakers have backed French demands to exempt culture from a proposed free-trade pact between Europe and the United States, keeping Paris on side and raising the chances that the talks can start on...
ABI Reports UK is the ‘Whiplash Capital of Europe’
Apr 22 2013 // Research from the Association of British Insurers highlights the fact that the UK is the ‘Whiplash Capital of Europe’. According to the ABI “eight in ten personal injury claims following road traffic...
U.S., UK Want Financial Services Included as Part of Trade Pact
Apr 19 2013 // The United States and the UK aim to include financial services in a proposed free-trade agreement between Washington and the 27-nation European Union, the British Ambassador to the United States said on Thursday. The...
