Latest Europe Headlines
All the headlines from our Europe Topic Page, ordered by recency.
UK Labour Party Sees 2nd Referendum as Way to Avoid Chaotic No-Deal Brexit
Sep 25 2018 // The U.K. opposition Labour Party plans to vote down Theresa May’s divorce agreement with the European Union, and sees a second referendum as a way of avoiding a chaotic no-deal Brexit. Labour’s Brexit spokesman...
Brexit Divorce Stalemate: EU Leaders Reject UK Blueprint as Deadline Looms
Sep 21 2018 // Theresa May promised fresh plans to break the stalemate in Brexit negotiations after European Union leaders bluntly rejected her blueprint and warned that time is running out for striking a deal. A two-day summit in...
AXIS Capital Names O’Sullivan as CEO of AXIS Specialty Europe and AXIS Re
Sep 20 2018 // AXIS Capital Holdings Ltd. announced the appointment of Helen O’Sullivan as CEO of AXIS Specialty Europe SE and AXIS Re SE. In this role, she will oversee the company’s Irish subsidiaries and their...
UK Finance Minister Urges EU to Help Devise Hard-Brexit Contingency Plans: Reuters
Sep 20 2018 // Britain’s finance minister urged the European Commission to help devise European contingency plans for the financial sector in case of no deal on Brexit, pointing to growing concerns about a disorderly departure from...
Lloyd’s Market Association & Lloyd’s Issue Policy Documents in Preparation for Brexit
Sep 19 2018 // A new suite of policy documentation, to support the underwriting of risks from the European Economic Area by Lloyd’s Brussels, has been published. The new documents were prepared by the Lloyd’s Market...
IMF Contends Failure to Reach Brexit Deal Will Shrink British Economy
Sep 18 2018 // Britain’s economy will shrink if it leaves the European Union without a Brexit deal and it will suffer some damage whatever terms it agrees, the International Monetary Fund said on Monday, challenging the promises of...
Brexit Talks Set to Intensify as EU, UK Seek Final Exit Deal
Sep 17 2018 // Brexit talks are set to intensify over the coming week, with the first of three summits that European Union leaders hope will settle a divorce deal for departing Britain within the next two months. EU leaders will get an...
German Court Postpones Key Case on YouTube Liability to Obtain EU Opinion
Sep 14 2018 // Germany’s highest court has postponed a decision on whether YouTube is liable for violations of intellectual property rights on its video platform in order to seek the opinion of European Union judges, a process...
Google Case Tests Global Reach of EU’s ‘Right to Be Forgotten’
Sep 13 2018 // Google is going to Europe’s top court in its legal fight against an order requiring it to extend “right to be forgotten” rules to its search engines globally. The technology giant was set for a showdown...
BoE’s Carney Cites China’s Financial System as Risk to Global Financial Stability
Sep 13 2018 // China’s financial system poses one of the bigger risks to global financial stability, Bank of England Governor Mark Carney said in an interview with the BBC to mark the 10th anniversary of the global financial...
Brexit Knocks London Off Its Top Financial Center Perch; New York Benefits
Sep 12 2018 // New York has replaced London as the world’s top financial center as Brexit saps the confidence of U.K. industry professionals, according to a survey. Britain’s capital fell to second place in the Global...
EU Lawmakers Agree on Internet Copyright Reforms in Blow to Tech Giants
Sep 12 2018 // Tech platforms and internet activists protested the outcome of a European Parliament vote Wednesday to back copyright rules that would help video, music and other rights holders seek compensation for use of their content...
Allianz Chief Economist El-Erian Q&A on Trump Trade Battles, Emerging Markets, Brexit
Sep 12 2018 // The trade battles being pursued by U.S. President Donald Trump’s administration are likely to lead to fairer but still free global trade, said Mohamed El-Erian, chief economic advisor at the Allianz Group,...
Randall & Quilter Forms New Unit for U.S., European Program Management Business
Sep 7 2018 // Randall & Quilter Investment Holdings Ltd. (R&Q) announced a corporate restructuring to create a new division, Accredited, which comprises its U.S. and European program management businesses. Accompanying this...
Chubb Names Berry as Head of Surety Europe; Griffith as Head of Surety UK, Ireland
Sep 6 2018 // Chubb reports that Mike Berry, who has been head of Surety for the UK and Ireland, will serve as head of Surety for Europe. Jamal Griffith is replacing Berry as head of Surety for UK and Ireland. Berry will be responsible...
EU Urged to Develop Common Regulations on Cryptocurrency
Sep 6 2018 // The European Union should adopt common rules on cryptocurrencies and scrutinize how new digital units are distributed to investors and subsequently traded, according to a report prepared for EU finance ministers. In the...
RSA Insurance Opens Luxembourg Office as Part of Brexit Preparations
Sep 5 2018 // RSA Insurance Group has opened its new office in Luxembourg as part of its preparations for the UK’s exit from the European Union. The office, which opened on Sept. 3, will provide a platform for RSA in Europe...
Sompo International Launches Luxembourg-Based Subsidiary SI Insurance (Europe)
Sep 5 2018 // Sompo International Holdings Ltd., a Bermuda-based provider of specialty property and casualty re/insurance, announced the launch of its new subsidiary, SI Insurance (Europe). SI Insurance (Europe) is headquartered in...
French Broker Verlingue Triples Its Size in UK Market with Acquisition of ICB Group
Sep 4 2018 // Specialist corporate insurance broker Verlingue announced it has acquired independent UK broker ICB Group. Financial details of the deal were not released. With the acquisition of Egham, England-based ICB, Verlingue...
15 Emerging Risks Worth Watching That Are Not Cyber
Sep 3 2018 // When insurance experts are asked what they see as the most important emerging risk for the property/casualty insurance industry, their consensus is cyber in some form. While cyber obviously poses tremendous risks, some...
