Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
East, Southern Europe Win as Firms Rethink Supply Chains
May 11 2023 // Low-cost economies in eastern and southern Europe are being increasingly favored for investment as companies around the world revamp supply chains to make them more resilient and cost-efficient, a study by professional...
EU Lawmakers Warn of Hungary, Poland Spyware Abuses
May 10 2023 // European Union lawmakers investigating the use of Pegasus spyware against opposition politicians and journalists on May 9 raised deep concern about abuses in Hungary and Poland and lamented a lack of cooperation with their...
No Quick Deal in Sight as EU Countries Start Talks on New Russia Sanctions
May 10 2023 // European Union states were holding a first discussion on Wednesday on proposed new sanctions over Russia’s war in Ukraine that would target Chinese and Iranian firms and allow export curbs on third countries for...
EU Set for Tough Talks After Lawmakers Back Stricter Methane Rules
May 9 2023 // The European Parliament voted on Tuesday in favor of rules that would force companies selling oil and gas in Europe to cut their methane emissions, setting itself up for tough negotiations with EU countries seeking weaker...
EU Plans Tough ‘Value for Money’ Rules for Investment Products: Draft Proposals
May 9 2023 // Banks, insurers and asset managers in the European Union would only be allowed to sell funds and other products across the bloc if they could prove to regulators they offer value for money, draft proposals seen by Reuters...
Hottest Ever April Recorded in Spain, Portugal as Heat Wave Hits Europe
May 9 2023 // Spain and Portugal recorded their hottest April on record as a mass of hot air brought temperatures above 30C and close to 40C in some areas at the end of the month. Last month was the fourth-hottest month of April on...
People Moves: BHSI Promotes 2 Regional Leaders for Europe, Middle East; Lockton Re Taps Guy Carpenter’s Hunter as a Senior Broker
May 2 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI) and Lockton Re. A summary of these new hires follows here. BHSI Promotes 2 Regional Leaders for Europe,...
EU Lawmakers Back Human Rights, Environmental Checks for Big Companies
Apr 26 2023 // European Union lawmakers on Tuesday backed rules requiring thousands of large companies to identify and mitigate human rights abuses like child labor or slavery, and environmental damage by suppliers. The European...
People Moves: Howden Names Holz as CEO for Germany, Creating Howden Deutschland; Chubb Promotes Vaughan for High Net Worth Insurance Business in Europe
Apr 25 2023 // This edition of International People Moves details appointments at Howden Broking and Chubb. A summary of these new hires follows here. Howden Names Holz as CEO for Germany, Creating Howden Deutschland Howden, the...
Specialist Risk Group Launches Platform for European Operations
Apr 25 2023 // Specialist Risk Group (SRG), the London-based insurance broker, announced the launch of Specialist Risk Europe, the platform for SRG’s European operations, headquartered in Dublin, Ireland. SRG’s latest...
EU Regulators Set Out Ideas to Help Plug Climate ‘Insurance Gap’
Apr 24 2023 // Issuing “catastrophe bonds” and setting up public-private partnerships could help plug the “insurance gap” to better cover damage from climate change, a discussion paper from the European Central...
Record Heat and Drought Force Europe to Accelerate Climate Adaptation
Apr 21 2023 // The record heat and drought hurting European farmers, power utilities and insurers foreshadows even faster change to the continent’s climate, with scientists warning that feedback loops from a drying Earth likely...
EU Announces $1.2B Plan to Counter Growing Cyber-security Threats
Apr 19 2023 // The European Commission on Tuesday announced a 1.1-billion-euro ($1.2 billion) plan to counter growing cybersecurity threats, underscoring mounting concerns about a series of high-profile hacking incidents. The growing use...
Climate Activists Sue EU for Labeling Gas and Nuclear Investments as ‘Green’
Apr 18 2023 // Greenpeace and other campaign groups are set to take the European Commission to court on Tuesday, seeking to overturn European Union rules that class nuclear energy and natural gas as climate-friendly investments. The...
EU Vote on Human Rights ‘Due Diligence’ Looms for Financial Services Firms
Apr 6 2023 // Financial services companies would be required to take action if their clients were failing to protect human rights and the environment, a preliminary deal due to be voted on later this month by a panel of European Union...
Car Services Groups Warn of Unfair Competition as EU Data Plan Stalls
Apr 4 2023 // Car services groups on Friday warned a stalled EU proposal to ensure fair access to valuable vehicle data could pave the way for unfair competition from U.S. and Chinese tech companies. The vehicle data tussle between...
People Moves: Everest Insurance Names Kendrick as Non-Exec Chair of European Board of Directors; OONA Insurance Appoints Marsh’s Zandueta as President, CEO
Mar 30 2023 // This edition of International People Moves details appointments at Everest Insurance and OONA Insurance (formerly Mapfre Insurance). A summary of these new hires follows here. Everest Insurance Names Chubb’s Kendrick...
EU Regulators to Rethink Liquidity Risk After Credit Suisse Unravels
Mar 24 2023 // The rapidly unfolding crises of confidence at Credit Suisse Group AG and Silicon Valley Bank are prompting some regulators gathered at the European Central Bank to rethink their treatment of liquidity risk. The watchdogs...
People Moves: Specialty MGA Nirvana Taps Sompo’s Mannsdorfer for European Underwriting; Verlingue Hires Hiscox’s Bethell as Head of Private Clients
Mar 22 2023 // This edition of International People Moves details appointments at media, tech and cyber MGA, Nirvana, and the broker Verlingue. A summary of these new hires follows here. New Specialty MGA Nirvana Taps Sompo’s...
EU Proposes Clampdown on Companies Using Misleading ‘Green’ Labels
Mar 22 2023 // The European Commission proposed rules on Wednesday that would require companies in Europe to back up climate-friendly claims about their products with evidence, to stamp out misleading green labels for products from...
