Latest Europe Headlines

All the headlines from our Europe Topic Page, ordered by recency.

EU to Weaken Russia Oil Sanctions, but Keeps Plan to Prohibit Insurance of Shipments

May 9 2022 // The European Union is set to soften its sanctions package on Russian oil exports after a weekend of wrangling, though it aims to keep a key shipping provision that will hinder Moscow’s ability to export its crude.The...

Europe’s Top Court Rules Against Compensation for Banco Popular Investors

May 6 2022 // Europe’s top court said on Thursday that Banco Popular shareholders who took part in its capital increase in 2016 are not entitled to compensation for losses suffered after the Spanish bank was wound down and...

EU Regulator Warns of Increased Risk to Airlines as Result of Ukraine War

May 5 2022 // The European Union’s Aviation Safety Agency (EASA) regulator warned on Thursday of increased risks to airlines due to the war in Ukraine, such as civil planes being accidentally targeted as well as an increased risk...

EU Seeks to Target Russia’s Global Oil Exports With Insurance, Services Ban

May 4 2022 // The European Union is seeking to go beyond an import ban on Russian crude, targeting insurers in a move that could dramatically impair Moscow’s ability to ship its oil anywhere in the world.The bloc is proposing to...

Musk-Owned Twitter Will Have to Follow EU’s Rules: Commissioner

May 2 2022 // A top EU official doesn’t expect to have a problem with Elon Musk, who is pursuing a free-speech agenda in his takeover of Twitter Inc., so long as the billionaire follows the region’s content rules.European...

Ebix Europe Launches Exposure Management Platform: ExposureHub

Apr 28 2022 // London market reform technology specialist Ebix Europe announced the launch of its new platform, ExposureHub, for re/insurance exposure management.Ebix describes ExposureHub as a versatile and geospatially rich platform,...

Britain Proposes Post-Brexit Relaxation of Solvency II Capital Rules for Insurers

Apr 28 2022 // Britain launched public consultation on Thursday for a post-Brexit relaxation of capital rules for insurers, in a step the government said would increase investments in long-term infrastructure.Britain inherited rules...

‘SLAPP’ Lawsuits Used by Rich and Powerful to Silence Critics Face EU Crackdown

Apr 27 2022 // Wealthy individuals including Russian oligarchs, states and corporations that abuse the legal system to gag journalists and dodge oversight face a European Union-wide crackdown including potential fines.A proposed law on...

Tech Giants Could Face Billions in Fines Under EU’s New Content Rules

Apr 25 2022 // The world’s biggest technology companies could face billions of dollars in fines for breaches of new European Union legislation after lawmakers reached an agreement on its scope early Saturday.The landmark Digital...

Climate Change Exacerbates Extreme Weather in Europe: Report

Apr 25 2022 // Climate change produced another record-breaking year of extreme weather in Europe in 2021, triggering catastrophic flooding and the hottest summer on record, according to scientists at the Copernicus Climate Change...

Update: Greece Seizes Russian Crude Oil Tanker as Part of EU Sanctions

Apr 19 2022 // Greece has impounded a Russian oil tanker off the island of Evia, the Greek coastguard said on Tuesday, as part of European Union sanctions imposed on Moscow over its invasion of Ukraine.Earlier this month, the EU banned...

EU’s Tweak to Sanctions Allows Some Aircraft Lessors to Sell Stranded Jets to Russia

Apr 15 2022 // An amendment to European Union sanctions last week created a potential path for some aircraft financiers to sell jets held in Russia to the airlines now operating them without permission.The measure, published April 8,...

Reuters – Oil Traders to Cut Russia Oil Purchases to Avoid Falling Foul of EU Sanctions

Apr 14 2022 // Major global trading houses are planning to reduce crude and fuel purchases from Russia’s state-controlled oil companies as early as May 15, sources said, to avoid falling foul of European Union sanctions on...

People Moves: Aon Names Ferreira LatAm CEO of Reinsurance Solutions; Fidelis Promotes Herget in D&F Property; MGA DUAL Europe Names Ghilosso as Chair

Apr 12 2022 // This edition of International People Moves details appointments at Aon, Fidelis Insurance and MGA DUAL Group.A summary of these appointments follows here. Aon Names Ferreira as LatAm CEO of Reinsurance Solutions, Muñoz...

Senior EU Officials Targeted With Israeli Spyware: Sources

Apr 11 2022 // Senior officials at the European Commission were targeted last year with spy software designed by an Israeli surveillance firm, according to two EU officials and documentation reviewed by Reuters.Among them was Didier...

People Moves: AXIS Specialty Europe Names Mullarkey as CEO; SCOR Syndicate Appoints Arch’s Biggas as Active Underwriter

Apr 1 2022 // This edition of International People Moves details appointments at AXIS Specialty Europe and SCOR Syndicate.A summary of these new hires follows here. AXIS Specialty Europe Names Mullarkey as CEOAXIS Capital Holdings Ltd....

People Moves: WTW Promotes Richardson to Europe Leader for Ins. Consulting & Tech; Miller Launches French Cargo Team; Tamesis DUAL Hires Argenta’s Toth as Dir. of U/W

Mar 29 2022 // This edition of International People Moves details appointments at the brokers Willis Towers Watson (WTW) and Miller, along with the MGA Tamesis DUAL.A summary of these new hires follows here. WTW Promotes Richardson to...

Big Tech Blackout Set to Be Averted With EU-U.S. Data Pact

Mar 28 2022 // The European Union and U.S. broke the deadlock on a new data-transfer pact, potentially avoiding a doomsday scenario for tech giants such as Meta Platforms Inc. and thousands of other firms that rely on free flows of...

European Union Lawmakers Agree to Force Foreign Firms to Comply With ESG Rules

Mar 23 2022 // European lawmakers have agreed to force roughly 28,000 foreign subsidiaries to comply with the bloc’s ESG rules, marking a blow to representatives for U.S. corporations who had lobbied for the opposite outcome.In a...

EU Proposes Cyber-Security Rules for EU Institutions Amid Rising Cyber Attack Worries

Mar 22 2022 // EU countries should put in place a framework to manage cyber-security risks at EU institutions, the European Commission said on Tuesday, amid concerns about rising cyber attacks that could disrupt key activities and steal...