Latest Europe Headlines

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

Tripwire for Real War? Cyber’s ‘Fuzzy’ Rules of Engagement

Feb 16 2022 // President Joe Biden couldn’t have been more blunt about the risks of cyberattacks spinning out of control. “If we end up in a war, a real shooting war with a major power, it’s going to be as a consequence...

Storms With Hurricane Gusts Set to Batter NW Europe, Driving Wind Power Generation

Feb 16 2022 // Storms across northwest Europe are set to drive electricity generation from wind farms to records this week in gusty conditions that threaten to disrupt transportation and down power lines.Weather forecasters in the UK,...

Global Insurance M&A Rises in 2021, Despite Pandemic Pressures: Clyde & Co. Report

Feb 15 2022 // There were 418 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2021, up from 407 the previous year, according to a report published by law firm Clyde & Co.Activity was driven by a...

UK Fintech Vitesse Raises $26M With Participation From Hannover Digital Investments

Feb 14 2022 // Vitesse PSP, the London-based fintech that specializes in digital solutions for global payments and counts numerous insurers among its customers, announced it has raised $26 million in Series B funding.The Series B...

Takeaways from Our Conversation on More M&As, Cannabis ‘Frappucinos’ on Tap for 2022

Feb 14 2022 // New Frontier Data, a producer of cannabis research and intelligence, released its “22 for 22 Report,” in January, which imparts a definitive air of optimism mixed with few cautions for the industry posed by...

Google’s Online Ad Business Targeted in European Publishers’ Antitrust Complaint

Feb 11 2022 // BRUSSELS – Alphabet unit Google on Friday became the target of an antitrust complaint by the European Publishers Council over its digital advertising business, which could potentially strengthen EU antitrust chief...

Zurich Insurance Reports 35% Increase in 2021 Operating Profit to $5.7 Billion

Feb 10 2022 // Zurich Insurance expects continued revenue and profit growth in the next two years, its chief financial officer said on Thursday, after the Swiss insurer reported its biggest annual profit since the financial...

Banks Warned to Prepare for Possible Russian-Sponsored Cyber Attack

Feb 9 2022 // FRANKFURT/LONDON – The European Central Bank is preparing banks for a possible Russian-sponsored cyber attack as tensions with Ukraine mount, two people with knowledge of the matter said, as the region braces for the...

People Moves: QBE Promotes Shallow as Head of Marine; Beazley Names MS Amlin’s Hunter for Open Mkt. Property; TigerRisk Hires Liberty’s Hodges for Analytics, Int’l

Feb 8 2022 // This edition of International People Moves details appointments at QBE, Beazley and TigerRisk Partners.A summary of these new hires follows here. QBE Promotes Shallow as Head of MarineQBE has appointed Kevin Shallow as...

Cyber Attack Targeting German Fuel Storage Stretches to 6th Day

Feb 8 2022 // A cyber attack targeting fuel storages in Germany and parts of northern Europe stretched into a sixth day with little visibility over when things will get back to normal.Mabanaft Germany, whose systems were breached,...

EU Regulators Call for Action to Catch Up to Potential Systemic Risk of Digital Finance

Feb 7 2022 // Rapid action is needed to update how cross-border financial services are scrutinized and consumers protected as the sector becomes digitalized with “Big Tech” playing an increased role, European Union...

People Moves: Howden Appoints Former WTW Executive Aubert as CEO of France

Feb 7 2022 // Howden, the London-based insurance broker, announced the appointment of industry veteran Nicolas Aubert as CEO, France. After holding roles in various countries, notably in the UK market where he held major positions at...

Google Sued by Price Comparison Provider, PriceRunner, for $2.4 Billion

Feb 7 2022 // STOCKHOLM — Swedish price comparison firm PriceRunner said on Monday it was suing Alphabet-owned Google for about 2.1 billion euros ($2.4 billion), the latest firm to take legal action alleging the search giant...

Natural Disasters Cost Insurers $116B in 2021, or 63% Higher Than Average: Gallagher Re

Feb 4 2022 // Insured losses from major natural catastrophes in 2021 – excluding COVID-related losses – have so far reached an estimated US$116 billion, the third largest total since 2011, and about 63% higher than the average loss...

Hackers Target Key Fuel-Distribution Firms in Europe

Feb 3 2022 // Europe’s fuel-supply network fell victim to a cyberattack — less than a year after the biggest refined petroleum pipeline in the U.S. was halted by a hack.The situation was serious “but not grave,”...

Global Commercial Insurance Rates Keep Moderating, With Exception of Cyber: Marsh

Feb 2 2022 // Global commercial insurance prices increased 13% in the fourth quarter of 2021, a decline from the 15% increases seen in both the second and third quarters, according to Marsh’s latest Global Insurance Market...

People Moves: Liberty GTS Expands in Europe; AEGIS London Promotes Yeldham to CUO; Brit Names Argo’s Allen, MAP’s Poynder for Property Facilities Team

Jan 28 2022 // This edition of International People Moves details appointments at Liberty Global Transactions, AEGIS London and Brit Ltd.A summary of these new hires follows here. Liberty Global Transaction Solutions Expands European...

UK Insurtech Zego Expands in Europe, Targeting £20B Fleet Insurance Market

Jan 20 2022 // Commercial motor insurer Zego announced a European expansion plan by launching in the Netherlands and ramping up operations in France, while aiming to identify other target territories during 2022.The company, which became...

People Moves: WTW Hires Magilton to Lead Canada Risk & Broking, Powney to Head Surety for Europe/UK; Hiscox Re & ILS Names MS Amlin’s Wilken as CUO

Jan 6 2022 // This edition of International People Moves details appointments at Willis Towers Watson and Hiscox.A summary of these new hires follows here. WTW Hires Canada Risk & Broking Leader, Europe/UK Practice Leader for...

2021 Ranked as Fifth Hottest Year by EU Climate Change Service

Jan 5 2022 // The year 2021 ended as the fifth hottest in records maintained by the European Union’s Copernicus Climate Change Service that go back to 1979. That finding comes from publicly available data analyzed by Zeke...