All the headlines from our Europe Topic Page, ordered by recency.
Oct 1 2020 // More than 7,500 finance jobs and a trillion pounds in assets have already left Britain for the European Union as banks prepare for full-blown Brexit in January, consultants EY said on Thursday.Banks, insurers and asset...
Sep 30 2020 // Hg, the European private equity investor focused on software and service businesses, announced it will make a significant long-term equity investment in Hyperion Insurance Group Ltd., the insurance intermediary.The...
Sep 29 2020 // Tom Bailey, executive director of Tempo Underwriting, has a theory about what it takes to build a business based on the reinsurance MGA model.“For a reinsurance MGA to be successful and to have a strong offering, you...
Sep 28 2020 // Technology firms’ compliance with European restrictions on transatlantic data transfers is shockingly poor, Austrian privacy campaigner Max Schrems said on Monday, publishing a survey of companies including Facebook...
Sep 28 2020 // European governments will pay claims above an agreed limit against AstraZeneca over side-effects from its potential COVID-19 vaccine, under different terms to a deal struck with Sanofi, an EU official told Reuters.The...
Sep 25 2020 // New York again heads the rankings of the world’s leading global financial centres.The Global Financial Centres Index 28, launched by London think tank Z/Yen Group in partnership with the China Development Institute...
Sep 24 2020 // Having complained for years about hedge funds’ high fees and lackluster performance, insurance firms may be preparing to cut allocations to the sector after its poor performance during recent market upheaval left...
Sep 23 2020 // Toyota is the newest partner in the Swiss Re platform that provides a risk score on vehicles so insurers can develop premiums that reflect new safety features.Through this partnership with Toyota Insurance Services...
Sep 22 2020 // Vaccine makers will be indemnified in Europe if their COVID-19 shots cause unexpected side-effects, an industry official said on Tuesday, as nearly 40 firms pursue talks on possible authorisation for shots in...
Sep 22 2020 // Britain will adopt tough but less bureaucratic financial rules after Brexit, starting with simpler regulation of small banks, Bank of England Deputy Governor Sam Woods said on Tuesday.Britain will soon unveil new...
Sep 21 2020 // Facebook has told Ireland’s High Court it cannot see how its services could operate in the European Union if regulators freeze its data transfer mechanism, the Sunday Business Post reported, citing court documents...
Sep 18 2020 // The European Union’s Brexit negotiator told the bloc’s 27 national envoys to Brussels that he still thinks a trade deal with Britain is possible despite a new crisis in the tortuous four-year saga, diplomatic...
Sep 17 2020 // “What does RadarCOVID not do?” a promotional video for Spain’s contact-tracing app asks. The answer: while navigating the country’s decentralized healthcare system, it does not locate users,...
Sep 17 2020 // Barcelona and Argentina captain Lionel Messi has won a legal battle over trademark rights relating to his own logo after the European Union’s top court on Thursday dismissed an appeal against the player from a...
Sep 16 2020 // Every passing day reduces chances for sealing a new trade deal with Britain, the European Union’s chief executive said on Wednesday, warning London that there was “very little time” left to put an...
Sep 15 2020 // Claims inflation for the commercial liability business will increase through 2020, although it was accelerating even before the coronavirus pandemic hit. This trend, known as social inflation, has led the insurance...
Sep 15 2020 // Alphabet Inc.’s Google faces a multibillion-dollar lawsuit in the UK over claims that YouTube routinely breaks privacy laws by tracking children online.The suit, filed on behalf of more than 5 million British...
Sep 11 2020 // Facebook Inc. launched legal action on Friday against Ireland’s Data Protection Commission in an attempt to halt a proposed order that could stop the company from transferring data from the European Union to the...
Sep 11 2020 // Fitch Ratings said yesterday its ratings outlook for companies in the global reinsurance sector will continue to remain negative as a result of hefty coronavirus claims and low interest rates.The good news for companies,...
Sep 11 2020 // Two years after agreeing to a self-regulatory code of practice to tackle disinformation, Facebook, Alphabet’s Google, Twitter and other tech rivals must try harder to be more effective, the European Commission said...