Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Brexit Negotiations to Continue This Week as EU, UK Push to Save Trade Deal
Nov 2 2020 // EU and British Brexit negotiators will continue talks in Brussels on Monday and until around mid-week, sources on both sides said on Sunday, in a sign both sides are still pushing to avoid a damaging breakdown in trade in...
Facebook Faces UK Legal Action Involving Cambridge Analytica Scandal
Oct 29 2020 // Facebook Inc. risks being dragged into a UK legal dispute involving almost 1 million British users affected by the Cambridge Analytica scandal, two years after revelations about the misuse of private data caused a global...
London Must Clarify How Far It Will Diverge from EU Financial Rules: EU Official
Oct 28 2020 // Britain must spell out how far it wants to diverge from European Union rules if it wants access to the bloc’s financial market from January, a top European Commission official said on Tuesday. Britain has left the EU...
Slabbert Succeeds Clementi as Chief Executive Officer of MS Amlin Underwriting Ltd.
Oct 28 2020 // MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s re/insurer, announced the appointment of Johan Slabbert as chief executive officer. Slabbert will take up the role on Nov. 1, 2020, subject to regulatory...
Marsh Appoints Klint as Risk Management Segment Leader for Continental Europe
Oct 27 2020 // Insurance broker Marsh announced the appointment of Carolina Klint as risk management leader for Continental Europe. Based in Stockholm, Klint will report to Siegmund Fahrig, CEO of Marsh Continental Europe. In her role,...
Insurers Face Liability Uncertainties as Ships Begin to Sail Through Arctic Waters
Oct 27 2020 // When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go wrong. Double the manpower is needed to navigate. Lookout shifts are kept to just one hour, so sailors don’t lose...
Coverys European Holdings Acquires Bridge Insurance Broker in Italy
Oct 26 2020 // Coverys European Holdings (CEH), an agency platform and network specializing in European markets, has completed the 100% acquisition of Bridge Insurance Broker S.R.L, a Lloyd’s wholesale broker and coverholder based...
Big Tech Lobby Seeks EU Liability Cover to Tackle Hate Speech, Illegal Content
Oct 26 2020 // Big technology platforms are calling on the European Union to protect them from legal liabilities for removing hate speech and illegal content as government scrutiny over how platforms manage user posts grows worldwide. A...
More Companies Turn to Captives as Rates Rise, Terms & Conditions Tighten
Oct 26 2020 // Fed up with rising prices and more stringent terms and conditions for their insurance policies as a result of the coronavirus pandemic, companies are turning to in-house insurance firms. These so-called...
Nearly 50% of UK Firms Less Prepared for Brexit Because of Coronavirus: Survey
Oct 21 2020 // About half of UK firms are less prepared for Brexit compared to last year due to the impact of the coronavirus pandemic, a sign of Britain’s vulnerability to disruption when it quits the European Union’s single...
Battery Fires Make Headlines as Electric Vehicle Sales Take Off
Oct 20 2020 // First, Hyundai Motor Co. made headlines about its electric cars catching fire. Five days later, it was General Motors Co. and Ford Motor Co. The next day, it was BMW AG. Vehicles going up in flames aren’t new to the...
Post-Brexit Reality: Europe Will Still Need London for Finance and Business – Opinion
Oct 20 2020 // Brexit could one day give the European Union an opportunity to challenge the City of London’s dominance as a global financial hub. Right now, however, the EU is in no condition to take advantage. As talks on...
UK Should Adjust Rules for Financial Services to Stay Competitive After Brexit: Study
Oct 19 2020 // Britain should tweak financial rules after full Brexit to keep London’s financial hub competitive and deepen ties with growth markets in Asia, a think tank said in a study on Monday. Britain accounted for nearly a...
AXA Completes €1B Sale in Central, Eastern Europe Business to UNIQA
Oct 16 2020 // AXA said that it has completed the sale of its life and savings, property and casualty, and pension businesses in Poland, Czech Republic and Slovakia to Austria’s UNIQA Insurance Group for a total cash consideration...
EU Leaders to Pressure Britain for Trade Concessions in Troubled Brexit Talks
Oct 15 2020 // European Union leaders meeting in Brussels on Thursday will pressure Britain for concessions in their troubled Brexit talks, saying a trillion euros worth of trade could be sunk if London does not budge on fisheries, fair...
BHSI Hires Kidd from AIG as Head of Third Party Lines in Ireland
Oct 13 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced that Louise Kidd has joined its growing European team as head of Third Party Lines in Ireland. Louise Kidd Kidd comes to BHSI with nearly two decades of industry...
UK’s Post-Brexit Privacy Protections Fail EU Data Protections, Activist Warns
Oct 12 2020 // UK privacy protections were criticized by an activist who told the European Union that the British shouldn’t be trusted to protect user data after Brexit. The personal data of EU citizens “do not at present...
Bank of England Sees Few Threats to Financial Stability from Brexit
Oct 9 2020 // Britain’s full exit from the European Union could be bumpy for investors as banks staff new hubs in the bloc, but there are few threats to wider financial stability, the Bank of England said on Thursday. Britain left...
London Company Market Grew 10% in 2019
Oct 8 2020 // Premium income for the London company market grew by 10% last year with £21.436 billion of large commercial and wholesale risks underwritten by firms in the City. A new report from the International Underwriting...
EU Climate Service Says September Was World’s Warmest on Record
Oct 7 2020 // Last month was the world’s hottest September on record, with unusually high temperatures recorded off Siberia, in the Middle East, and in parts of South America and Australia, the European Union’s Copernicus...
