Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
AstraZeneca Gets Protection from Future Product Liability Claims for COVID Vaccine
Aug 3 2020 // AstraZeneca has been granted protection from future product liability claims related to its COVID-19 vaccine hopeful by most of the countries with which it has struck supply agreements, a senior executive told...
Travelers Europe Enhances CyberRisk Product for UK and Ireland
Aug 3 2020 // Travelers Europe announced it has enhanced its cyber insurance product, Travelers CyberRisk, to provide more coverages and risk management solutions to strengthen customers’ overall cyber-security programs. The...
EU Begins to Tackle Cyber Warfare with Targeted Sanctions
Jul 31 2020 // Taking a firm geopolitical stand, the European Union imposed sanctions on targeted individuals and entities from Russia, China and North Korea in a sign that it was tackling cyber warfare head on. As part of the measures,...
COVID-19 Pandemic to Intensify Risks for Insurers: EU Regulator
Jul 30 2020 // Insurers in the European Union are confronted with risks on several fronts that are intensified by the COVID-19 pandemic, and could face lengthy legal battles from claims relating to lockdowns, the bloc’s insurance...
London Expects Only Half of Bankers to Return to Their Offices by Year-End
Jul 30 2020 // London’s normally buzzing financial districts will still be a pale shadow by the end of the year, as banks plan for no more than half their staff, who have mostly worked from home throughout the COVID-19 pandemic, to...
Finland’s Sampo Oyj Explores Cash Offer of UK Insurer Hastings
Jul 30 2020 // Finnish insurance group Sampo Oyj is exploring an entry into the UK market with a potential bid for general insurer Hastings Group Holdings Plc. Sampo and Hastings’s biggest shareholder, Rand Merchant Investment...
Guy Carpenter Names Piatti as Managing Director of Global Risk Solutions
Jul 28 2020 // Guy Carpenter announced today the appointment of Andrea Piatti as a managing director, Global Risk Solutions. Piatti will be responsible for serving clients in the customized reinsurance space across Europe and Middle East...
Firms Need Immediate Rethink on U.S. Data Transfers, Says EU Privacy Watchdog
Jul 28 2020 // Companies seeking to transfer data to the United States must revert to new arrangements with immediate effect after the Privacy Shield transatlantic pact was declared invalid last week, a European Union watchdog said on...
Insurtech Zego Partners with E-Scooter Firm, Ginger, to Insure 1st UK E-Scooter Trial
Jul 28 2020 // London-based insurtech Zego has partnered with e-scooter company, Ginger, to provide insurance for the UK’s first ever e-scooter trial, which has just launched in the Tees Valley, a city region in the north east of...
UK, EU Clash over Post-Brexit Trade Deal as End-of-Year Transition Period Looms
Jul 24 2020 // Britain and the European Union clashed on Thursday over the chances of securing a free trade agreement, with Brussels deeming it “unlikely” but London holding out hope one could be reached in September. Since...
Update: Uber Braces for UK Legal Battles that Could End Its Reign in London
Jul 21 2020 // Uber Technologies Inc. is bracing for a long summer of legal battles that could see the end of its reign in London and entitle its drivers to a long list of workers’ rights. A dispute over whether its drivers should...
Aviation Broker Piiq Risk Partners Receives License to Operate in France
Jul 20 2020 // Piiq Risk Partners, the global aerospace re/insurance broker, announces that it has received regulatory approval to operate in France. Piiq’s French operation will act as a base for expanding its services across the...
Coronavirus Claims of Estimated €80B Are ‘Manageable’ for Europe’s Insurers: Moody’s
Jul 17 2020 // The coronavirus outbreak has had an adverse, but manageable, impact on the European insurance sector, leading to a drop in company earnings rather than capital erosion, says Moody’s Investors Service in a...
Investors, Insurers Warned of Risk of U.S. Sanctions for Russian Pipeline Ties
Jul 17 2020 // U.S. Secretary of State Mike Pompeo on Wednesday warned investors in two Russian natural gas pipeline projects that they could face sanctions as the Trump administration seeks to curb the Kremlin’s economic leverage...
Castel Acquires Dutch Marine Business from The Hartford
Jul 17 2020 // Castel Underwriting Europe B.V. has agreed to acquire the renewal rights for a Navigators Europe book of predominantly of Dutch marine cargo, inland hull, land-based equipment and liability business from The...
Adviser to EU Judges Says Online Platforms Not Liable for User Copyright Violations
Jul 16 2020 // Google’s YouTube and other online platforms are not liable when users illegally upload copyrighted works onto their platforms, but rightholders can ask for injunctions against the companies, a European Union Court of...
European Union Court Invalidates Special Data Privacy Shield Granted U.S. Firms
Jul 16 2020 // LUXEMBOURG – Europe’s highest court ruled on Thursday that a transatlantic data transfer deal is invalid because of concerns about U.S. surveillance in a decision that could disrupt thousands of companies that...
Just One-Quarter of UK Firms Are Prepared for End-of-Year Brexit Transition: Survey
Jul 14 2020 // Only one-quarter of business leaders say their organizations are fully ready for the end of the Brexit transition period, according to a survey by the Institute of Directors. Nearly half of the 978 company directors polled...
Aviva’s New Boss Has One of Toughest Jobs in European Finance: Opinion
Jul 8 2020 // It’s time for someone else to have a go at one of the toughest jobs in European finance: deciding the future of Aviva Plc. The UK insurer’s pick of Amanda Blanc as chief executive officer has brought a leader...
Arctic Temperatures Soar to Record Levels in June, Stoking Wildfires: EU Data
Jul 7 2020 // GENEVA/MOSCOW – Temperatures in Arctic Siberia soared to a record average for June amid a heat wave that is stoking some of the worst wildfires the region has ever known, European Union (EU) data showed on...
