Latest Europe Headlines

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

UK’s Eldon Insurance, Owned by Brexit Donor Banks, Fined for Data Misuse

Feb 1 2019 // The U.K.’s Information Commissioner’s Office fined Brexit supporting campaign Leave.EU and a linked insurance company 120,000 pounds ($156,000) for serious breaches of electronic marketing laws as it opens a...

Specialist Re/Insurance Broker THB’s Completes Leadership Transition for Europe Division

Jan 31 2019 // THB, the London-based specialist insurance and reinsurance broker, confirms the completion of its THB Europe leadership transition.Joaquim Caria retires today as managing director of THB Europe, which was first announced...

AXA Real Estate Unit Confident About Its London Skyscraper, Despite Brexit Uncertainty

Jan 31 2019 // It was a tricky time for the commercial real estate business in London. Within days, Britons would be voting on whether to remain in the European Union or leave. The French insurance giant AXA SA was trying to figure out...

UK Financial Sector Wants Deeper EU Access After Brexit Than Non-EU Countries

Jan 31 2019 // Britain’s financial sector needs stability to secure its future, along with deeper access to the European Union market after Brexit than what non-EU countries normally get, a senior industry official said on...

UK Parliament Asks Prime Minister to Reopen Brexit Divorce Negotiations

Jan 30 2019 // British lawmakers on Tuesday instructed Prime Minister Theresa May to reopen a Brexit treaty with the European Union to replace a controversial Irish border arrangement – and promptly received a flat rejection from...

Travelers Europe to Form Dublin Insurance Subsidiary Ahead of Brexit

Jan 30 2019 // Travelers Europe announced it has been granted a license by the Central Bank of Ireland to form a wholly owned insurance subsidiary in the Republic of Ireland.Based in Dublin, Travelers Insurance Designated Activity Co....

UK Financial Services Minister Confident Brexit Deal Will Be Agreed

Jan 29 2019 // Britain is working hard for a Brexit deal but it would still be prudent to put in place contingency measures in case no agreement is reached, UK financial services minister John Glen said on Monday.Parliament will vote on...

Irish Data Regulator Probes Twitter over Privacy Rules Breach

Jan 28 2019 // Twitter’s lead regulator in the European Union, the Irish Data Protection Commissioner (DPC), said on Friday it was investigating the company for a breach notification received from the social networking...

Here Are Range of Brexit Options Being Proposed by U.K. Parliament

Jan 28 2019 // With U.K. Prime Minister Theresa May refusing to budge from her Brexit position, members of Parliament are proposing a range of amendments demanding a change of direction.Some overlap and some complement each other. The...

U.S. Privacy Regulation Tested by Facebook Scandals

Jan 24 2019 // Facebook Inc.’s repeated privacy scandals have infuriated users, lawmakers and data-security advocates who are clamoring for a forceful government response. That job mainly falls to Joe Simons, who is under pressure...

Support Grows for Delaying UK’s Exit from EU, as Brexit Deadline Looms

Jan 24 2019 // The risk of a no-deal Brexit appears to be receding after calls for a delay to the U.K.’s exit from the European Union won powerful backing in London and other EU capitals. The pound rose.Senior figures in the French...

Businesses View Cyber, Business Interruption as Bigger Risks Than Catastrophes

Jan 24 2019 // Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS).The impact of business interruption (which includes...

France Fines Google $57M for Breaching EU’s Data Privacy Rules Under GDPR

Jan 23 2019 // France’s data protection watchdog fined Alphabet’s Google 50 million euros ($57 million) on Monday [Jan. 21] for breaching European Union online privacy rules, the biggest such penalty levied against a U.S....

Drone Travel Chaos at Gatwick Airport Cost EasyJet Nearly $20 Million

Jan 22 2019 // EasyJet lost 15 million pounds ($19 million) during 36 hours of travel chaos sparked by drones flying into London’s Gatwick Airport in December, the budget airline said on Tuesday, adding it should serve as a...

BHSI Offers Transactional Liability Cover in UK & Europe, Appoints Martin from Enstar

Jan 22 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it is expanding its North American Transactional Liability Insurance business into the UK and Europe and has appointed Ed Martin as head of Transactional Liability,...

PM May Refuses to Rule Out No-Deal Brexit, but Seeks Further EU Concessions

Jan 22 2019 // British Prime Minister Theresa May sought to break the parliamentary deadlock over Brexit on Monday by proposing to seek further concessions from the European Union on a plan to prevent customs checks on the Irish...

AXA XL Transfers XL Insurance from UK to Dublin as Post-Brexit HQ

Jan 18 2019 // AXA XL has completed the transfer of its European Union insurance company, XL Insurance Co. SE (XLICSE), from the UK to Dublin, Ireland.XLICSE is a wholly owned subsidiary within the AXA XL division of AXA Group, providing...

What’s Next for Brexit After UK Parliament Rejects May’s EU Divorce Deal?

Jan 18 2019 // Prime Minister Theresa May’s Brexit deal has been thrown out by Parliament. She’s now in talks with rival politicians to find a way forward before presenting a Plan B on Monday. If her plan isn’t...

Germany, China Agree to Expand Market Access in Insurance, Banking, Finance

Jan 18 2019 // Germany and China on Friday signed agreements to strengthen coordination in banking, finance and capital markets, and pledged to further open market access and deepen cooperation to broaden economic ties.The agreements...

Guy Carpenter Forms New Division, Makes Post-JLT Merger Leadership Appointments

Jan 17 2019 // Reinsurance broker Guy Carpenter & Co. announced the formation of a new Global Capital Solutions Group as well as a series of leadership appointments that will become effective upon the closing of the acquisition of...