Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
Most UK Insurers, Banks, Financial Firms Will Lose EU Access with No-Deal Brexit
Dec 20 2018 // Most banking, insurance and other financial firms in Britain would be cut off from the European Union if there is a no-deal Brexit, the bloc’s executive body said on Wednesday. Financial services are Britain’s...
Marsh Makes Post-JLT Merger Leadership Appointments
Dec 19 2018 // Global insurance broker Marsh announced the appointments of key leaders for its regional, specialty and placement teams worldwide that will be effective upon closing of the pending acquisition by Marsh’s parent...
Britain Begins to Ramp Up Planning for No-Deal Brexit
Dec 18 2018 // Britain will begin to put into place plans for an exit from the European Union without any deal in place, with the public and businesses told to prepare now for the eventuality, Prime Minister Theresa May’s spokesman...
EU Regulator Says Insurers Pass Stress Tests
Dec 17 2018 // Europe’s biggest insurers successfully withstood the latest tests of their ability to cope with severe market shocks, the European Union’s insurance watchdog said on Friday. The European Insurance and...
Slice Now Offering On-Demand Insurance Cloud Services Platform to Insurers in UK, EU
Dec 13 2018 // Slice Labs Inc. said it is now making its Insurance Cloud Services (ICS) available in the United Kingdom and across the European Union. The ICS allows subscribing insurers to Iaunch on-demand insurance products customised...
UK Fintech Startup Revolut Gets EU Banking License in Lithuania
Dec 13 2018 // Revolut, the London-based financial technology startup, has obtained a European banking license as Brexit looms, with plans to launch checking and savings accounts as well as retail and business lending. The Bank of...
UK Prime Minister Survives Confidence Vote but Party Is Bitterly Divided
Dec 12 2018 // Prime Minister Theresa May survived a confidence vote from her Conservative party on Wednesday, but more than a third of her lawmakers said she was no longer the right leader to implement Britain’s exit from the...
Brexit to Cause Irreversible Damage to UK Financial Services, Say Industry Leaders
Dec 12 2018 // Life in London’s financial district will appear little changed when Britain leaves the European Union on March 29, defying predictions of an exodus of high-flyers to rival centers like Paris, Frankfurt and...
Brexit Uncertainties Heighten as UK Prime Minister Faces Vote of No Confidence
Dec 12 2018 // Theresa May will fight for her job as British prime minister after being told she will face a vote of no confidence in her leadership, throwing the U.K. into fresh turmoil and Brexit into disarray. “I will contest...
Sweden’s Wildfires Highlight Cost of Rapidly Changing Climate in Europe
Dec 12 2018 // Hannele Arvonen, the owner of one of Sweden’s largest lumber yards, is spending the winter months planning for a new and unexpected threat to her business: regular wildfires raging just south of the Arctic...
U.S. Intends to Sign Post-Brexit Insurance Pact with Britain
Dec 11 2018 // The U.S. Treasury and U.S. Trade Representative’s office said on Tuesday they intended to sign a new bilateral insurance agreement with Britain that will provide insurance market regulatory certainty and continuity...
UK Prime Minister Defers Brexit Vote, Raising Risk of No Deal
Dec 10 2018 // Theresa May is playing for time. Faced with a humiliating defeat on her Brexit deal, the embattled U.K. prime minister announced to the House of Commons she would defer a vote and return to Brussels to seek...
UK Can Reverse Brexit Process, Rules Top EU Court
Dec 10 2018 // The U.K. can unilaterally reverse the Brexit process, the European Union’s top court said in a landmark ruling that will fuel the campaign to thwart the divorce on the eve of a possible make or break vote in the...
Post-Brexit Free Trade Would Still See U.K. Insurance Services Exports Fall 19%: Think Tank
Dec 7 2018 // U.K. financial-services exports to the European Union could be 59 percent lower after Brexit, even if Prime Minister Theresa May secures a free-trade agreement, according to the Centre for European Reform. “Any...
EU Lawmakers Target Big Tech Firms’ Unfair Business Practices
Dec 6 2018 // EU lawmakers agreed on Thursday to take a tougher stance against tech giants such as Google , Amazon and Apple in new legislation aimed at curbing unfair business practices. A European Parliament committee voted in favor...
EU Court Ruling on U.K. Right to Reverse Brexit Expected Dec. 10
Dec 6 2018 // The European Union’s highest court will on Dec. 10 tell the U.K. whether it should be allowed to unilaterally reverse Brexit, in a landmark ruling that could offer hope to those who want their country to call off the...
EU Bank Reform Includes Insurance, Bad Loan, Other Sweeteners
Dec 4 2018 // European Union finance ministers struck a deal on a major reform of banking rules on Tuesday, addressing some of the loopholes exposed by the global financial crisis. The overhaul, proposed by the European Commission in...
EU Court’s Non-Binding Ruling Says U.K. Can Reverse Brexit
Dec 4 2018 // The U.K. should be allowed to reverse Brexit, according to an advisory opinion from the European Union’s top court that will fuel the campaign to thwart the divorce. The opinion, which isn’t binding, comes at a...
G20 Skirts Taboos in Reaching Agreement on WTO Reforms
Dec 3 2018 // Many delegates from the world’s 20 largest economies arrived at a summit in Argentina this week determined to clinch an agreement to reform the global trade system, pushed to a breaking point by tensions between the...
How States Differ in Responding to Coverages and Their Application
Dec 3 2018 // I have done a tremendous amount of errors and omissions (E&O) work over the years, including serving as approved and accredited auditor for two major E&O carriers, a certified E&O instructor, an author of an...
