All the headlines from our Europe Topic Page, ordered by recency.
Nov 21 2011 // Billionaire investor Warren Buffett said Europe’s debt crisis had shown up a “major flaw” in the 17-member euro zone system and it would take more than words to fix it.“There is a major flaw in the...
Nov 18 2011 // UK-based insurer AmTrust Europe, Ltd., a FSA [Financial Services Authority] authorized insurance company, which already has had operations in Italy “under freedom of services (LPS) for a number of years,”...
Nov 17 2011 // Can you unscramble an omelet? That, in essence, is what euro zone leaders and the global monetary policy elite will have to do if the euro zone is to be reshaped in any semblance of an orderly manner, be it by letting...
Nov 17 2011 // Torus Insurance announced that it has “enhanced its offering in Europe with the appointment of Brian Byrnes as Senior Underwriter for General Property and Marco Sonntag as Senior Underwriter for Casualty.”They...
Nov 17 2011 // Gerard Wynn, a Reuters market analyst, has expressed his own views on the necessity of continuing to deal with the challenges presented by extreme weather and its global impact.Rising temperatures are driving more frequent...
Nov 16 2011 // Hong Kong shares slumped on Wednesday, dragged down by weakness in Chinese insurers and property developers, with turnover low as investors became more averse to riskier assets on fears of contagion from Europe’s...
Nov 14 2011 // UK-based RSA has announced announces a number of changes to the Group’s operating structure and Executive Team. As of January first the group will be reorganized into four regions: UK & Western Europe;...
Nov 14 2011 // The Federation of European Risk Management Associations (FERMA) announced that it has sent “specific recommendations to the Brazilian insurance regulator SUSEP to limit the impact of regulations 225 and 232 on market...
Nov 10 2011 // As Americans and much of the rest of the world pause to honor the men and women who have served their country, one is reminded of the significance of the date – November 11. 93 years ago the guns of World War I fell...
Nov 9 2011 // Swiss Re has obtained a further $130 million in protection through the Successor X Ltd. catastrophe bond program, which covers exposures to “North Atlantic hurricane and European windstorm.” Swiss Re noted that...
Nov 9 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Torus Insurance (Bermuda) Limited, Torus...
Nov 9 2011 // The head of the International Monetary Fund warned on Wednesday that Europe’s debt crisis risked plunging the global economy into a “lost decade” and said it was up to rich nations to shoulder the burden...
Nov 9 2011 // EU finance ministers on Tuesday signed off on more than €4 billion ($5.5 billion) in short-term funding to help developing countries adapt to climate change and curb emissions — even as they met to grapple with...
Nov 7 2011 // A.M. Best Co. has upgraded the financial strength rating to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit rating to “aa+” from “aa-” of Bermuda-based Tokio...
Nov 4 2011 // Warren Buffett should come to Europe to tap regional champions at knock-down valuations, including in his favored sectors, Cheuvreux analysts said in an open ‘letter’ to the billionaire U.S. investor detailing...
Nov 3 2011 // The leaders of Germany and France told Greece on Wednesday it would not receive another cent in European aid until it decides whether it wants to stay in the euro zone.They also made clear that saving the euro was...
Nov 1 2011 // The United States criticized China on Monday for failing to fulfill World Trade Organization commitments to open its financial services market, while the European Union and Japan pressed for answers on specific areas of...
Nov 1 2011 // Moribund talks for a global accord to open up trade could boost world exports by more than half a trillion dollars a year if they were revived and completed, lifting global economic growth by 0.2 percent, an EU report said...
Nov 1 2011 // Prime Minister George Papandreou’s shock announcement that he will put Greece’s bailout to a referendum threatened to intensify the euro zone crisis, and brought complaints in Germany that Athens is trying to...
Nov 1 2011 // The London-based Liberty International Underwriters in Europe (LIU Europe), a member of Liberty Mutual Group, has opened a new office in Hamburg, Germany, aimed at to strengthening “its position as a competitive,...