Latest Europe Headlines

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

Zurich CEO Says Big Transnational M&As Won’t Solve Industry Fragmentation: Report

Dec 2 2019 // The European insurance sector is too fragmented but large cross-border deals are not the solution to the problem, the head of Europe’s fifth-biggest insurer Zurich said in a newspaper interview on Thursday [Nov...

Generali Prepares to Make Formal Bid for MetLife’s European Assets: Sources

Nov 25 2019 // Assicurazioni Generali SpA is preparing to make a formal bid for the European assets of MetLife Inc. following months of talks, people with knowledge of the matter said.The Italian insurer has been finishing due diligence...

Uber in London Awaits Decision on License Renewal in Its Important European Market

Nov 22 2019 // London’s transit authority is set to announce as soon as Monday whether it will grant Uber Technologies Inc. a new license to operate.If Transport for London decides against the company, Uber could face expulsion...

Demand for M&A Insurance Sees Significant Growth: Aon

Nov 18 2019 // An increase in M&A activity in today’s challenging economic environment is driving significant growth in demand for M&A insurance products, according to a report published by Aon.Aon’s report finds that...

EU Weighs Stress Tests to Improve Financial Firms’ Buffers Against Climate Risks

Nov 7 2019 // The European Commission is considering stress tests and measures to force financial firms to raise their buffers against climate-change risks, the EU financial services chief said on Wednesday.The move would represent a...

EU Rules for Responsible Investing to Be Set for Insurers, Asset Managers in 2021

Nov 5 2019 // European Union finance ministers are set to adopt new rules this week that will require asset managers, insurers and pension funds to disclose environmental and social risks in their investments from 2021.The overhaul is...

New EU Brexit HQs Opened by U.K. Financial Firms Face Watchdog Checks in 2020

Nov 5 2019 // New European Union hubs opened by British-based financial firms to avoid Brexit disruption will be scrutinized next year by the bloc’s markets watchdog to check whether they are gaming licensing requirements.This...

Vaping Safety Debate Between Researchers, Activists Intensifies with Mystery Illness

Nov 1 2019 // Portland State University chemistry professor David Peyton had never been attacked with such intensity.Peyton and a group of other chemists discovered almost five years ago that e-cigarettes could sometimes produce more...

All Countries at Risk from Spread of African Swine Fever: OIE

Oct 31 2019 // African swine fever will spread further across Asia where it has devastated herds, and no country is immune from being hit by the deadly animal virus, the head of the World Organisation for Animal Health (OIE) said on...

U.K. Company Insolvencies Rise to Highest Level Since 2014 on Brexit Crisis

Oct 31 2019 // The number of companies in England and Wales unable to pay their debts rose to an almost six-year high in the third quarter as the Brexit crisis intensified.There were 4,355 company insolvencies, 0.4% more than in the...

Broker Aon to Move Jurisdiction of Incorporation to Ireland Due to Brexit

Oct 29 2019 // Insurance broker Aon plans to move its parent company’s jurisdiction of incorporation to Ireland from Britain due to Brexit, it said in a statement on Tuesday.New York-listed Aon will keep its operational...

U.K. Aims to Ensure Post-Brexit Strength of Financial Services Sector: Minister

Oct 28 2019 // Britain will do whatever it can to ensure that its financial sector remains a major global player after Brexit, financial services minister John Glen said on Monday.“This government absolutely believes in the...

EU Agrees to Delay Brexit Until Jan. 31, as U.K. Parliament’s Impasse Continues

Oct 28 2019 // The European Union agreed a three-month flexible delay on Monday to Britain’s exit from the bloc as Prime Minister Boris Johnson pushes for an election after opponents forced him to request an extension he had vowed...

London Financial Firms at Risk of Being Cut Off from EU After Brexit: Official

Oct 24 2019 // Intense dialog between British and European Union financial regulators must start now or London risks being cut off from the bloc after Brexit, a top banking lobbyist said on Wednesday.Banks, insurers and asset managers in...

EU Eyes Another Brexit Delay as U.K. Edges Toward Election to Break Impasse

Oct 23 2019 // EU leaders should delay Brexit after Prime Minister Boris Johnson paused legislation on his deal following a parliamentary defeat, EU Council President Donald Tusk said on Tuesday, as Britain spins towards a possible...

Now Boarding for Brexit: What Businesses Need to Do

Oct 22 2019 // Whether you are a U.S. firm or a firm from some other country and want to do business in the United Kingdom, the Brexit referendum may have changed your mind. In this article, we discuss some of the issues currently faced...

Brexit Creates Opportunities for Specialist Legacy Acquisition Insurers

Oct 18 2019 // Britain’s impending departure from the European Union is creating expansion opportunities for specialist general insurers who buy and manage policies closed to new customers.Whether Britain leaves the European Union...

U.K. and EU Clinch 11th Hour Brexit Deal but Johnson Faces Parliament Hurdle

Oct 17 2019 // Britain secured a Brexit deal with the European Union on Thursday, more than three years after Britons voted to leave the bloc, but Prime Minister Boris Johnson must still win a knife-edge vote in parliament to get the...

EU-Based Britons Fuel Growth in Healthcare Insurance as Post-Brexit Fears Grow

Oct 17 2019 // Some Britons living in the Europe Union are worried about losing access to free healthcare after Brexit, opening up a potentially lucrative new market for European health insurers.“I am indebted to France for my...

Demand for Trade Credit Insurance Grows Rapidly, as Brexit Fuels Insolvency Concerns

Oct 16 2019 // Companies are stepping up purchases of insurance to protect themselves against insolvencies in Britain, industry sources say, in part due to concerns about the impact of Brexit.The UK economy is feeling the pinch from the...