All the headlines from our Europe Topic Page, ordered by recency.
Jul 25 2016 // In a short period of time, the political risk market has experienced a significant shift in exposures, with new potential threats and different territories now threatened by attacks from religious extremists.Christof...
Jul 22 2016 // Lloyd’s of London’s Beazley Plc is working to get European insurance licenses for its Irish reinsurance business to allow it to operate throughout the European Union, even if Lloyd’s loses access to the...
Jul 21 2016 // N26, a Berlin startup that offers financial services directly to consumers, said Thursday it’s received a German banking license that will let it offer a fuller range of products across Europe.The company, whose...
Jul 20 2016 // A lawsuit seeking to force Prime Minister Theresa May to consult parliament before beginning Britain’s exit from the European Union will be taken “very seriously” and may reach the Supreme Court by...
Jul 19 2016 // Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has expanded its Northern European operations, appointing Ulrich Kremer as senior vice president, Claims, Northern Europe.Ulrich joins BHSI with nearly 16...
Jul 15 2016 // Eight months after a murderous rampage in Paris, a deadly attack in the coastal city of Nice on Bastille Day left at least 84 people dead and scores injured, threatening to throw a still-traumatized France into a tailspin...
Jul 14 2016 // The Bermuda insurance industry is projected to grow at a steady pace as a result of new regulations and consistent growth in external business, such as offshore and captive, according to a new report published by...
Jul 13 2016 // European insurers, whose profits are being eroded by Mario Draghi’s* quantitative easing program, face a stress test headache that risks requiring them to set aside more capital, further hurting their ability to make...
Jul 13 2016 // Economic losses caused by natural catastrophes in the first half of 2016 totaled US$70 billion, a significant increase from the $59 billion reported for the first half of last year, according to a loss review issued by...
Jul 12 2016 // Allied World Assurance Company Holdings AG announced that Allied World Europe has appointed Darren Jacobs as senior vice president, General Casualty.Jacobs will lead Allied World Europe’s primary and excess casualty...
Jul 12 2016 // Britain’s next Prime Minister Theresa May must find ways to protect London’s financial sector as the country negotiates its exit from the European Union, senior lawmaker Stephen Hammond said on Monday.May is...
Jul 11 2016 // QBE Insurance Group announced last month that it will be reviewing its UK-based operations in light of the UK leaving the European Union.“The referendum outcome may require a revised approach in relation to...
Jul 8 2016 // The run on British property funds has drawn attention to the vulnerability of the commercial real estate sector, largely funded by domestic banks and building societies but increasingly by foreign banks and insurers.UK...
Jul 6 2016 // The June/July 2016 renewal season has seen a continuation in market softening, though the magnitude of rate reductions is slowing, according to the latest 1st View Renewals report from Willis Re, the reinsurance business...
Jul 5 2016 // Mark Carney pledged to shore up financial stability as he warned that the risks from Britain’s shock decision to leave the European Union have started to crystallize.“There is the prospect of a material slowing...
Jul 1 2016 // Four leaders of Bermuda market groups quickly issued statements last week to allay any fears that the fallout from the UK’s Brexit vote would hit their market as well.“In a global economy, Bermuda is affected,...
Jul 1 2016 // Brexit has created great uncertainty for the UK, the European Union and perhaps the world. Pretty much everyone agrees on that. But there is less agreement about how an EU exit will affect London’s financial...
Jul 1 2016 // Record low gilt yields following Britain’s vote to leave the European Union are deepening UK pension deficits, worsening a headache for domestic companies which may be called upon to help fill the gap.Several years...
Jun 30 2016 // As continental powers pressure a nervous Britain to formally apply to exit the European Union, die-hard “remain” supporters are taking on the mission to put the brakes on the so-called Brexit.The challenge is...
Jun 30 2016 // Allianz Real Estate is set to make its biggest Asian investment to date, in a first step toward adding as much 3 billion euros ($3.3 billion) of real estate in the region within three years.The $150 million pan-Asian fund...