All the headlines from our Europe Topic Page, ordered by recency.
Sep 3 2021 // High in the skyscrapers that have taken root in its warren of medieval streets, City of London grandees are plotting a post-Brexit regulatory revamp to rival New York.The City, as London’s traditional financial...
Aug 25 2021 // ELEMENT, the Berlin-based insurtech, announced a partnership with managing general agent, Parametrix Insurance, launching parametric cloud outage insurance for companies in Germany.The product is designed to cover...
Aug 24 2021 // CVC Capital Partners (CVC), the Luxembourg-headquartered private equity firm, announced the completion of its acquisition of RiverStone Europe from Fairfax Financial Holdings Ltd. and OMERS, the pension plan for...
Aug 23 2021 // RMS, the Newark, Calif.-based catastrophe modeling company, estimates that insured losses from the Western and Central Europe flooding, which occurred between July 12 and 18, 2021, will likely range between €5 billion...
Aug 19 2021 // The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits in the first half of 2021, compared with the same period in 2020 — as a result of lower...
Aug 13 2021 // The European Commission has granted competition law clearance for Vienna Insurance Group’s proposed acquisition of Aegon’s businesses in Central and Eastern Europe, according to the insurer.The acquisition by...
Aug 12 2021 // The Italian island of Sicily may have just smashed continental Europe’s heat record, the latest example of how climate change is causing extreme weather events around the globe.Temperatures there reached 48.8 degrees...
Aug 10 2021 // This edition of International People Moves covers appointments at two insurers: Swiss Re Corporate Solutions and QBE European Operations.A summary of these new hires follows here. Swiss Re Corporate Solutions Names...
Aug 3 2021 // On the outskirts of the Scottish town of Kirkcaldy is a crop of new houses on their way to completion. There are two large banners pinned to the perimeter fence with a mobile phone number: “Bricklayers...
Aug 3 2021 // Amazon.com Inc has been hit with a record $886.6 million (746 million euros) European Union fine for processing personal data in violation of the bloc’s GDPR rules, as privacy regulators take a more aggressive...
Aug 3 2021 // AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) to Malta-based International General Insurance Co. (Europe) SE. The outlook assigned to...
Jul 27 2021 // The Ardonagh Group announced the creation of Ardonagh Europe as it prepares to take its buy-and-build model to Europe.Ardonagh Europe will be headquartered in Dublin and led by Conor Brennan, who will also continue to hold...
Jul 23 2021 // Insurtech startup bolttech announced it has acquired i-surance, a next-generation B2B2C digital insurance platform based in Berlin.Financial details of the deal were not disclosed. The transaction is part of...
Jul 22 2021 // Deadly floods that have upended life in both China and Germany have sent a stark reminder that climate change is making weather more extreme across the globe.At least 25 people in the central Chinese province of Henan died...
Jul 19 2021 // The death toll from flooding in Western Europe climbed above 180 on Sunday after rescue workers dug deeper into debris left by receding waters.Police put the toll from the hard-hit Ahrweiler area of western Germany’s...
Jul 15 2021 // Storms caused heavy flooding across parts of western and central Europe overnight, with one man missing after being swept away by a raging stream in eastern Germany.Firefighters resumed their search for the man in...
Jul 14 2021 // International General Insurance Holdings Ltd. (IGI) announced it has set up a European subsidiary in Malta in order to access business across Europe.International General Insurance Co. (Europe) SE (IGI Europe), a...
Jul 12 2021 // June 2021 left Europe with its costliest severe storm period on record. Meanwhile, over in the U.S. in Canada, record-setting heatwaves caused significant damage, according to Aon’s latest natural catastrophe...
Jul 9 2021 // The European Commission has approved the acquisition of Willis Towers Watson by Aon, lifting a major roadblock to the proposed $30 billion merger. But there are more roadblocks to overcome.The approval is conditional on...
Jul 8 2021 // BRUSSELS – The European Commission fined German carmakers Volkswagen and BMW a total of 875 million euros ($1 billion) on Thursday for colluding to curb the use of emissions cleaning technology they had developed.The...