All the headlines from our Europe Topic Page, ordered by recency.
May 20 2014 // According to catastrophe modeling firm AIR Worldwide, Southeast Europe is experiencing record levels of flooding after three months’ worth of rain fell in just three days. The report cited the “many...
May 19 2014 // Ireland has been through some difficult economic times, but this year’s European Insurance Forum, held at the Four Seasons Hotel on May 15 and 16, highlighted the progress that’s been made, and the bright...
May 19 2014 // Cars could be driving themselves down the world’s streets far sooner than expected, thanks to a change in a global treaty backed by European countries.A little-noticed amendment to the United Nations Convention on...
May 15 2014 // Italian insurer Generali expects to meet key capital and asset sales targets ahead of time after kicking off talks with Brazil’s BTG Pactual for a possible sale of Swiss unit BSI, a central plank of its...
May 13 2014 // Google Inc. may be ordered to remove personal information from its search engine after the European Union’s top court paved the way for citizens to have a “right to be forgotten.”“Links and...
May 12 2014 // CME Group Inc.’s European clearinghouse and SIX Group’s central-securities depository have agreed to offer an integrated collateral-management service to insurance companies operating in Switzerland.Once the...
May 8 2014 // The RSA Insurance Group Plc reported a 15 percent decline in revenue for the first quarter after the U.K.’s biggest non-life insurer by market value sold assets to bolster its balance sheet.Net written premiums, a...
May 2 2014 // Allied World Europe has launched an Onshore Construction insurance line of business and appointed Alf Müller as senior vice president to lead the team. He will be responsible for building the line of business and...
May 1 2014 // RRJ Capital Ltd., run by Charles Ong, and his former employer Temasek Holdings Pte, have agreed to invest €1.28 billion ($1.8 billion) in ING Groep NV’s NN insurance business before the unit’s initial public...
May 1 2014 // U.S. Chamber of Commerce President and CEO Thomas J. Donohue recently met with BUSINESSEUROPE President Emma Marcegaglia and Director General Markus Beyrer, as well as leaders of business federations and companies from...
Apr 29 2014 // If the UK exits the European Union, it could wreck London’s position as the only financial center to rival New York and isolate the country’s economy, research ordered by a lobby group for banks and money...
Apr 22 2014 // Jacques de Larosiere says he is an isolated and modest man. Yet the 84-year-old former head of the International Monetary Fund is one of the most influential voices in European and global finance.An eminence grise as...
Apr 17 2014 // PZU SA, central Europe’s largest insurer by market value, agreed to buy RSA Insurance Group Plc’s four units in the biggest foreign acquisition by a Polish financial company.PZU will pay a combined €360...
Apr 15 2014 // A.M. Best has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of UK-based Samsung Fire & Marine Insurance Company of Europe, Limited (SFME), both...
Apr 9 2014 // European insurers such as Allianz SE and Axa SA are shifting investments into the loan market, taking business from banks that are being forced to increase capital and meet tougher regulations, Moody’s Investors...
Apr 8 2014 // The International Monetary Fund on Tuesday predicted the global recovery would strengthen this year as output in richer nations picked up, but it warned of rising risks in emerging economies.In its latest global economic...
Apr 1 2014 // Zurich-based PERILS AG, announced the release of the 2014 update of the PERILS Europe Industry Exposure Database, which, it said, “contains updated market-wide property sums insured for European windstorm for the...
Apr 1 2014 // The lack of structural measures in large economies including France and Italy present the biggest threat to growth in the euro area, Swiss Re Ltd.’s Chief Economist Kurt Karl said.The region’s economy will...
Apr 1 2014 // Chubb Insurance Company of Europe SE announced the appointment of David Barr to the role of European Environmental Manager.Fred Shurbaji, Chubb European Commercial Manager, explained that Barr “will be responsible...
Mar 31 2014 // Allied World Assurance Company Holdings, AG announced that it has received approval from Lloyd’s, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to establish its own Lloyd’s...