Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
How to Manage the Growing Risks of Social Media
Jul 5 2010 // Advertising, Defamation, Privacy and Security Laws All at Issue Asked why he robbed banks, Willie Sutton famously replied: “Because that’s where the money is.” Something similar can be said to explain why...
Report EU Energy Commissioner to Issue Oil Spill Rules
Jul 2 2010 // EU Energy Commissioner Guenther Oettinger plans to issue additional requirements for operators of oil platforms in European waters in the autumn, he said in a German media interview published on Friday. The requirements...
European Insurance Risks Shifting, CEIOPS Sees No Overall Rise
Jun 30 2010 // Overall risks facing the European insurance sector may not have significantly increased in the first half of 2010 but they have changed in their nature, the European Union’s insurance watchdog said on...
Catlin to Establish Swiss Reinsurer
Jun 29 2010 // The Bermuda-based Catlin Group Limited has announced that it intends to form a reinsurance company in Switzerland to “significantly expand the European-based reinsurance business underwritten by the...
Aon Benfield, Cologne University to Study European Windstorms
Jun 25 2010 // Aon Benfield announced that it has signed an exclusive partnership with the University of Cologne – “a leading research centre with a long record of wind storms diagnostics, extreme weather modeling and impact...
Catlin Makes Board Changes
Jun 24 2010 // The Bermuda-based Catlin Group Limited has announced the resignation of Michael Harper from the Group’s Board of Directors effective July 1st, 2010 “due to the demands of his other commitments. He was appointed...
UK Regulatory Consultant Analyzes Financial Services Regime Change
Jun 22 2010 // The UK’s new Chancellor (Finance Minister) George Osborne has announced plans to fundamentally reform the way financial services, including insurance, are to be regulated [See IJ web site –...
Insurers Revive Cat Bond Market
Jun 21 2010 // Insurers are issuing catastrophe bonds again to complement traditional and cheaper reinsurance and to spread the risks in buying protection against events that could cost them tens of billions of dollars in claims. The...
EU Leaders Meet to Work on Ways to Prevent New Debt Crises
Jun 17 2010 // European Union leaders hope to agree on ways to strengthen budget discipline and economic policy coordination on Thursday to show financial markets they can prevent a repeat of the euro zone debt crisis. Leaders of the 27...
Marsh Report Examines Need for Innovation in Captives
Jun 15 2010 // A report from Marsh’s London office examines the changing need and conditions affecting captive insurance companies. Marsh said the report – Single Parent Captive Benchmarking: Capital and Collateral, examines...
Coface Receives Russian License; Aims to Be European Rating Agency
Jun 10 2010 // Credit insurer Coface announced from its Paris headquarters that the Russian state authority for insurance (FSSN) has granted a license to its subsidiary “ZAO Coface Rus Insurance Company” based in Moscow....
Munich Re: ‘Ever Higher’ Nat Cat Costs; Ups Chile Quake Loss to $1 Billion
Jun 8 2010 // A bulletin from Munich Re, the world’s largest reinsurer, concludes that the “long-term trend towards ever higher natural catastrophe costs” looks set to continue, according to an analysis from its Geo...
Insurers Worry EU Could Extend Bank Levy to Other Financial Firms
Jun 8 2010 // The European Union could extend a planned levy beyond banks to other financial services firms, according to a report outlining the bloc’s message to G20 leaders who meet soon to tackle reform of the industry. The...
G20 Finance Ministers Don’t Even Try to ‘Spin’ Impact of Europe’s Debt Crisis
Jun 7 2010 // Finance ministers can usually be relied upon to put the best spin on whatever is happening to the global economy. Not at this weekend’s Group of 20 meeting in Busan. The two days of talks were remarkable for...
Commercial Market to Remain Stable, Challenging for Risk Managers
Jun 7 2010 // Marsh Sees Insurer Security, Transparency, Accountability as Issues Despite the global economic crisis, the commercial insurance market is poised to remain stable through 2010, but new challenges are emerging for risk...
Torus Names 3 Senior Execs for Professional Lines in France, Germany
Jun 3 2010 // Torus, the global specialty insurer, announced the appointment of Mathieu Borneuf as Head of Management Liability and Jérôme Gillet as Head of Professional Liability. Both men are based in Torus’ new...
Braemar Marine Expands in London, Singapore, Europe
Jun 3 2010 // Braemar Marine Inc, the marine claims and risk assessment specialist, has expanded its operations in both London and Singapore through with a series of key appointments. Chris Lunda, Formerly the VP of Braemar in the U.S.,...
Pickering to Head Willis Russia, E. Europe, M.East, So. Africa Operations
May 27 2010 // Willis Group Holdings has appointed Scott Pickering as CEO, Russia, Eastern Europe, the Middle East and South Africa, effective immediately. He will be based in the Al Futtaim Willis office in Dubai and will report to...
Intermap Technologies, JBA Consulting Provide European Flood Maps
May 26 2010 // Denver-based Intermap Technologies, a worldwide 3D digital mapping and geospatial solutions company, and the UK’s JBA Consulting, a European flood risk and environmental management firm, announced a strategic...
EU Faces a Battle in Achieving Closer Economic Union
May 21 2010 // Agreeing on a $1 trillion safety net may prove the easy part of saving the euro now the European Union’s leaders are turning to the divisive issue of tightening economic policy coordination. The European Commission...
