Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
London Must Avoid Becoming ‘Offshore’ Financial Center After Brexit, Says CFTC Chief
Jun 5 2019 // Policymakers should “tether” London to the European Union to avoid isolating the region’s largest financial hub, harming the euro zone economy and spawning an offshore financial center, the head of the...
Role of Workplace Hazards in Most Lung Diseases Is Overlooked: Researchers
Jun 5 2019 // More than 1 in 10 people with a range of non-cancerous lung diseases may be sick as a result of inhaling vapors, gas, dust or fumes at work, according to a joint American Thoracic Society and the European Respiratory...
Gallagher Finalizes Acquisition of JLT’s Global Aerospace Operations
Jun 3 2019 // Arthur J. Gallagher, the Rolling Meadows, Ill.-based insurance broker, confirmed the previously announced acquisition of Jardine Lloyd Thompson Group plc’s (JLT) global aerospace operations was completed on June 1,...
UK Business Group Warns Next Tory Party Leader to Avoid No-Deal Brexit
Jun 3 2019 // Prime Minister Theresa May’s successor must avoid a no-deal Brexit or risk losing the Conservatives’ moniker as the party of commerce, the U.K.’s biggest business lobby group said. The task facing the...
Facebook Rebuffed by Irish Supreme Court Over Data Transfer Case Referral
May 31 2019 // The European Court of Justice (ECJ) will hear a landmark privacy case regarding the transfer of EU citizens’ data to the United States in July, after Facebook’s bid to stop its referral was blocked by...
Marsh FinPro’s Hopper Joins Starr’s Financial Institutions Practice for UK and Europe
May 30 2019 // Starr Insurance Companies today announced the appointment of Andrew Hopper as head of Financial Institutions for the UK and Europe. Hopper will be responsible for the strategy and profitable growth of the Financial...
Debt Insurance Staging a Comeback with Investors As Distressed Situations Increase
May 30 2019 // Corporate debt insurance that fell out of favor after the financial crisis is returning to vogue as default rates rise and a series of high-profile failures pay off for short sellers. Credit-default swaps trading increased...
European Business Leaders’ Confidence Drops Over Brexit
May 30 2019 // Uncertainty over Britain’s departure from the European Union has triggered a sharp drop in business confidence in Europe over the past six months, a survey showed on Thursday. Only 50% of European business leaders...
European Central Bank Calls for ‘Deeper Understanding’ of Climate Risks
May 29 2019 // Climate change could hit bank balance sheets with a knock-on effect on financial stability, the European Central Bank warned on Wednesday. In a special feature for its semi-annual Financial Stability Review on Wednesday,...
European Regulators Vow Independent Review of Boeing 737 Safety
May 29 2019 // European regulators assessing changes to Boeing Co.’s grounded 737 Max will scrutinize the jet’s entire flight-control system before a return to the skies can be approved. The review by the European Union...
What is the North Atlantic Oscillation, and why does it matter?
May 28 2019 // This post is part of a series sponsored by CoreLogic. Worldwide, properties tend to be built according to certain standards which generally take into account the severity of the predominant natural perils affecting a...
Insurers Gaining, Banks Losing Ground in Finance, Says European Central Bank Governor
May 28 2019 // The role of banks as providers of finance has started to erode in Europe and some other parts of the world, the Bank of Finland’s governor Olli Rehn said on Friday, calling for new central bank tools to safeguard...
UK Prime Minister to Resign on June 7, Paving Way for Possible No-Deal Brexit
May 24 2019 // Fighting back tears, Theresa May said on Friday she would quit, setting up a contest that will install a new British prime minister who could pursue a cleaner break with the European Union. May’s departure deepens...
EU’s Landmark Data Privacy Law, GDPR, Already Providing Global Standard
May 23 2019 // A landmark European privacy law is making waves worldwide a year after it came into force, fundamentally changing the way data are handled as Facebook, Apple and Google face increasingly frequent complaints. Adopted on May...
Verisk Reorganizes Geomni Business to Enhance UK and Europe Solutions
May 23 2019 // Verisk’s GeoInformation Group, a provider of geospatial products, has been folded into Verisk’s Geomni business and renamed Geomni UK. The addition of Geomni UK to Verisk’s Geomni business will enhance...
Generali in Early Negotiations to Buy MetLife’s Central European Assets: Sources
May 22 2019 // Assicurazioni Generali SpA is in early talks to buy the Central European assets of MetLife Inc. as the Italian insurer seeks to expand through acquisitions in high-growth markets, according to people with knowledge of the...
Sompo International Taps Pützer from Amlin as Head of Financial Lines in Germany
May 21 2019 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty re/insurance, announced that Udo Pützer has joined the company’s European insurance platform as head of Financial Lines...
UK Financial Services Industry Will Emerge Stronger from Brexit: Gov’t Ministers
May 21 2019 // Britain’s finance industry will emerge stronger from Brexit, remaining one of the world’s top financial centers, ministers in Prime Minister Theresa May’s government forecast on Monday. Since Britain...
Airlines Urge Nations’ Regulators to Avoid Competing Safety Rules
May 20 2019 // Global airlines urged regulators on Friday not to compete over setting new safety rules, after two crashes led to the grounding of the Boeing 737 MAX and raised questions about the international influence of the U.S....
UK Risk Managers List Brand Damage, Brexit, Cyber Attacks as Top 3 Business Risks
May 20 2019 // The top three risks facing UK risk managers are reputational damage, Brexit and cyber attacks, according to Aon’s 2019 Global Risk Management Survey of thousands of risk managers across 60 countries and 33...
