Latest Europe Headlines

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

Insurers Face Liability Uncertainties as Ships Begin to Sail Through Arctic Waters

Oct 27 2020 // When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go wrong.Double the manpower is needed to navigate. Lookout shifts are kept to just one hour, so sailors don’t lose...

Coverys European Holdings Acquires Bridge Insurance Broker in Italy

Oct 26 2020 // Coverys European Holdings (CEH), an agency platform and network specializing in European markets, has completed the 100% acquisition of Bridge Insurance Broker S.R.L, a Lloyd’s wholesale broker and coverholder based...

Big Tech Lobby Seeks EU Liability Cover to Tackle Hate Speech, Illegal Content

Oct 26 2020 // Big technology platforms are calling on the European Union to protect them from legal liabilities for removing hate speech and illegal content as government scrutiny over how platforms manage user posts grows worldwide.A...

More Companies Turn to Captives as Rates Rise, Terms & Conditions Tighten

Oct 26 2020 // Fed up with rising prices and more stringent terms and conditions for their insurance policies as a result of the coronavirus pandemic, companies are turning to in-house insurance firms.These so-called...

Nearly 50% of UK Firms Less Prepared for Brexit Because of Coronavirus: Survey

Oct 21 2020 // About half of UK firms are less prepared for Brexit compared to last year due to the impact of the coronavirus pandemic, a sign of Britain’s vulnerability to disruption when it quits the European Union’s single...

Battery Fires Make Headlines as Electric Vehicle Sales Take Off

Oct 20 2020 // First, Hyundai Motor Co. made headlines about its electric cars catching fire. Five days later, it was General Motors Co. and Ford Motor Co. The next day, it was BMW AG.Vehicles going up in flames aren’t new to the...

Post-Brexit Reality: Europe Will Still Need London for Finance and Business – Opinion

Oct 20 2020 // Brexit could one day give the European Union an opportunity to challenge the City of London’s dominance as a global financial hub. Right now, however, the EU is in no condition to take advantage.As talks on...

UK Should Adjust Rules for Financial Services to Stay Competitive After Brexit: Study

Oct 19 2020 // Britain should tweak financial rules after full Brexit to keep London’s financial hub competitive and deepen ties with growth markets in Asia, a think tank said in a study on Monday.Britain accounted for nearly a...

AXA Completes €1B Sale in Central, Eastern Europe Business to UNIQA

Oct 16 2020 // AXA said that it has completed the sale of its life and savings, property and casualty, and pension businesses in Poland, Czech Republic and Slovakia to Austria’s UNIQA Insurance Group for a total cash consideration...

EU Leaders to Pressure Britain for Trade Concessions in Troubled Brexit Talks

Oct 15 2020 // European Union leaders meeting in Brussels on Thursday will pressure Britain for concessions in their troubled Brexit talks, saying a trillion euros worth of trade could be sunk if London does not budge on fisheries, fair...

BHSI Hires Kidd from AIG as Head of Third Party Lines in Ireland

Oct 13 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced that Louise Kidd has joined its growing European team as head of Third Party Lines in Ireland.Kidd comes to BHSI with nearly two decades of industry experience with a...

UK’s Post-Brexit Privacy Protections Fail EU Data Protections, Activist Warns

Oct 12 2020 // UK privacy protections were criticized by an activist who told the European Union that the British shouldn’t be trusted to protect user data after Brexit.The personal data of EU citizens “do not at present have...

Bank of England Sees Few Threats to Financial Stability from Brexit

Oct 9 2020 // Britain’s full exit from the European Union could be bumpy for investors as banks staff new hubs in the bloc, but there are few threats to wider financial stability, the Bank of England said on Thursday.Britain left...

London Company Market Grew 10% in 2019

Oct 8 2020 // Premium income for the London company market grew by 10% last year with £21.436 billion of large commercial and wholesale risks underwritten by firms in the City.A new report from the International Underwriting...

EU Climate Service Says September Was World’s Warmest on Record

Oct 7 2020 // Last month was the world’s hottest September on record, with unusually high temperatures recorded off Siberia, in the Middle East, and in parts of South America and Australia, the European Union’s Copernicus...

EU Sources Say Brexit Deal with Britain on Social Benefits ‘Closer’: Reuters

Oct 7 2020 // Britain and the EU are closer to agreement on reciprocal social security rights for their citizens after Brexit, two diplomatic sources said, with one describing talks last week on an elusive trade deal as “one of...

Top EU Court Rules Mass Spying on Phone, Internet Data Is Unlawful

Oct 6 2020 // The European Union’s top court ruled on Tuesday that unrestrained mass surveillance of phone and internet data is unlawful, in a move which could curb the powers of spying agencies in France and other EU...

Allianz CEO Cautions European Governments on Spending for Coronavirus Recovery

Oct 6 2020 // Allianz CEO Oliver Baete said on Tuesday that European governments needed to be careful about spending record amounts on the COVID-19 crisis as many ordinary people would be angry when they were handed such a vast bill.The...

Legacy Reinsurer Premia Agrees to Buy Navigators Holdings (Europe) from The Hartford

Oct 5 2020 // Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. has agreed to acquire Navigators Holdings (Europe) NV and its associated companies from The Hartford. Navigators’ associated companies are...

SCOR Global P&C Restructures with Aim to Be More Responsive on Regional Basis

Oct 5 2020 // SCOR Global P&C is making a number of changes to its organizational structure to be more responsive on a regional basis, according to SCOR Global P&C CEO Jean-Paul Conoscente, who sent a message to clients on...