Latest Europe Headlines

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

Parametric Insurance Cover Provides French Farmers with Drought Relief

Aug 2 2019 // Hundreds of French farmers who signed up for specialist policies aimed at insuring against freak weather are getting swift payouts which could help them recover from heatwaves and prolonged droughts that hit parts of the...

AXA XL Appoints Fumagalli as Head of International Financial Lines, Europe

Jul 31 2019 // AXA XL Insurance announced the appointment of Simona Fumagalli as head of International Financial Lines, Europe, based in Milan. In her new role, Fumagalli will be responsible for developing the business line’s...

Space Insurance Premiums Could Double After European Vega Rocket Crash

Jul 31 2019 // Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record space market loss of 369 million euros ($411.21 million), insurance industry...

UK Aims to Renegotiate a Brexit Deal – with Resistant EU

Jul 30 2019 // UK Prime Minister Boris Johnson will spend the next few weeks pressing the European Union to negotiate a better Brexit deal, his office said, while preparing the country to leave the bloc in case he fails.A messy no-deal...

EU Lags Behind Britain in Preparations for No-Deal Brexit: CBI

Jul 29 2019 // The European Union is less prepared for a no-deal Brexit than Britain, potentially leaving British firms at a disadvantage if there is no transition agreement and weakening London’s hand in future trade talks, a...

Argo Group Warns Q2 Earnings Will Take a Hit

Jul 29 2019 // Argo Group International Holdings Ltd. is warning that its results for its 2019 second quarter will take a hit due to losses affecting operations in London, Europe and Bermuda.Issues at play include: Prior year losses of...

No-Deal EU Exit ‘Now a Very Real Prospect’, Says Head of Newly Formed Brexit Cabinet

Jul 29 2019 // UK Prime Minister Boris Johnson’s high-level Brexit cabinet holds its first meeting Monday, and will gather every day to ensure the country leaves the European Union on Oct. 31.Michael Gove, named to a job that makes...

Climate Change Blamed for Europe’s Latest Heatwave

Jul 26 2019 // Europe’s latest summer heatwave broke heat records just weeks after the continent had its hottest ever June, fueling concern that a shifting climate is triggering more extreme weather.Germany probably set a new...

Risk of No-Deal Brexit Rises as EU Rejects PM Johnson’s Demands for Better Exit Deal

Jul 26 2019 // The scale of the challenge facing Boris Johnson to break Britain’s political deadlock was laid bare in his first days as prime minister, as the European Union immediately rejected his demands for a better Brexit...

Rhine River Shipping Faces Another Historic Shutdown as Drought Hits Water Levels

Jul 24 2019 // The bustling boat traffic on Europe’s Rhine river ground to a halt for the first time in living memory last year, as shrinking alpine glaciers and severe drought made the key transport artery impassable. Those...

UK Lawyers Could Be Forced Out of EU Courts with No-Deal Brexit

Jul 23 2019 // UK lawyers with lucrative careers in European Union law are fighting to save their jobs after the bloc’s top courts warned that a no-deal Brexit would forbid them from representing clients.In an April letter, a...

Britain Reviews How to Improve Financial Services Regulation After Brexit

Jul 23 2019 // Britain has kicked off a review of how regulation of finance could be improved after Brexit, saying it would not tweak the existing set-up of watchdogs introduced in the aftermath of the financial crisis a decade ago.The...

Europe Faces Heatwave with London and Paris Expected to Break July Records

Jul 23 2019 // Europe is facing a second heatwave this summer, just weeks after the hottest June on record, intensifying concern over climate change and the rise in extreme weather events.Swathes of northwest Europe will struggle to...

Concern Over Pig Virus Prompts Philippines to Ban German Pork

Jul 19 2019 // The Philippines restricted pork imports from Germany, citing concerns about food safety in one of the world’s major shippers, as Asian countries battle to stop a deadly pig virus spreading.From July 2, the...

Germany’s Merkel Says UK Should Be Given More Time for Brexit If Needed

Jul 19 2019 // German Chancellor Angela Merkel said the U.K. should be given more time to leave the European Union if it needs it, as she pointed to a way out of the Brexit impasse that falls far short of what the U.K.’s next prime...

No-Deal Brexit Could Push UK Economy into Recession, Says Fiscal Watchdog

Jul 18 2019 // A no-deal Brexit could plunge the British economy into recession, hammer the pound and drive up government borrowing, according to the U.K fiscal watchdog.The analysis from the Office for Budget Responsibility is based on...

EU Braces for No-Deal Brexit if Johnson Becomes UK Prime Minister

Jul 16 2019 // The European Union is bracing for either a no-deal Brexit or another delay if Boris Johnson becomes Britain’s prime minister next week with a pledge to renegotiate a deal the bloc says it will not reopen.The...

Economic Costs of European Weather Events in June Top $2B: Aon Report

Jul 11 2019 // Severe European storms during June had an economic price tag of US$2 billion, while insurers anticipated claims topping $1.5 billion, according to the latest edition of Aon’s monthly Global Catastrophe Recap...

UK Navy Stops Iran from Blocking BP Oil Tanker Leaving Persian Gulf

Jul 11 2019 // The British navy intervened to stop Iran from blocking a commercial oil tanker leaving the Persian Gulf, heightening friction just as European nations scramble to salvage a landmark nuclear accord with the Islamic...

EU Judges Face Another Major Facebook Privacy Case from Activist Schrems

Jul 9 2019 // Five years ago, when activist Max Schrems took Facebook Inc. to the European Union’s top court no one knew what to call the case. The controversy, which led to judges scrapping a key trans-Atlantic data-transfer...