All the headlines from our Europe Topic Page, ordered by recency.
May 13 2016 // Global, diversified insurers are best positioned to withstand the industry’s top economic and competitive challenges, according to a report published by Standard & Poor’s Global Ratings.Geographic and...
May 12 2016 // When you go to one of those giant annual insurance conferences ever wonder how much wine – in terms of gallons, number of glasses, bottles, dollar value – is consumed at all the evening mixers and up-scale soirees over...
May 12 2016 // Assicurazioni Generali SpA, Italy’s biggest insurer, said first-quarter profit fell 14 percent on lower income from its life insurance business and after record capital gains from last year weren’t repeated....
May 10 2016 // Aspen Insurance, the insurance segment of Aspen Insurance Holdings Ltd., has appointed Raheila Nazir as head of International Cyber Risk.Joining Aspen in the summer, Nazir has more than 16 years’ experience as an...
May 6 2016 // Guo Guangchang, the Chinese billionaire and self-styled disciple of Warren Buffett, is looking to invest in emerging markets for the first time as his conglomerate backs off from its buying spree in developed...
May 5 2016 // Bermuda-based Artex Risk Solutions* announced that it has acquired Quest Holdings (Gibraltar) Ltd., the largest insurance manager in Gibraltar.Founded in 2004, Quest specializes in providing services to insurance companies...
May 5 2016 // Membership of the European Union provides insurers with substantial benefits and London Market companies would be significantly damaged if they were lost, according to the International Underwriting Association...
May 3 2016 // Bermuda-based Everest Re Group Ltd. announced that Stephan Knipper joins the company as managing director Continental Europe (subject to regulatory approval), based in Zurich.Knipper joins Everest with more than 25 years...
May 2 2016 // Ratings agency Standard & Poor’s said on Friday it expected Britons to vote to remain in the European Union by a small majority in a June 23 referendum, but that the risk of leaving was a negative for the...
Apr 25 2016 // Britain, Europe’s biggest financial center, votes on June 23 on whether to leave the European Union.The country’s banking and fund management industries are among those that could lose most from a so-called...
Apr 22 2016 // U.S. President Barack Obama made an impassioned appeal on Friday for Britain to remain in the European Union, saying membership had magnified Britain’s place in the world and made the bloc stronger and more outward...
Apr 21 2016 // Volkswagen AG has agreed to set aside at least $10 billion to resolve civil claims by the U.S. government and lawsuits by American car owners over diesel vehicles rigged to cheat pollution controls, a person with direct...
Apr 20 2016 // The City of London should expect its preeminent role in the global financial system to fade if Britain leaves the European Union, according to Mark Carney.The governor of the Bank of England — the de facto custodian...
Apr 18 2016 // The European Commission has agreed to contribute €14 million ($15.8 million) so the governments of Central American countries and the Dominican Republic can access to “low cost, high quality catastrophe risk...
Apr 15 2016 // More than three-quarters of U.K. public companies surveyed by an auditors’ group haven’t discussed contingency planning for the nation’s potential exit from the European Union with the chairman or the...
Apr 13 2016 // As terrorists increasingly target private citizens and public gatherings, last year marked the most lethal year for terrorist violence in Europe in nearly a decade, according to Aon Risk Solutions’ 2016 Terrorism and...
Apr 13 2016 // Regulators won’t get a clear picture of risks in the $550 trillion derivatives market until they prune trade reporting rules, a group of 13 industry bodies said on Wednesday.The collapse of Lehman Brothers bank in...
Apr 7 2016 // The rush is on to replace people with software in Europe’s insurance industry as cost cutting and automation become increasingly crucial to bolstering earnings.Zurich Insurance Group AG is accelerating its cost...
Apr 6 2016 // If Britain votes to leave the European Union, the country’s shipping sector faces years of disruption as trade agreements get reworked and currency volatility leads to higher costs at a time when the industry is...
Apr 4 2016 // A survey of London market insurers, brokers, and service providers revealed that 70 percent believe a U.K. exit from the European Union would hurt or severely damage Lloyd’s of London, according to Haggie Partners, a...