Latest Europe Headlines

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

Chubb European Group Completes Redomicile to France in Preparation for Brexit

Jan 2 2019 // Chubb European Group announced it has redomiciled its businesses from London to France, effective Jan. 1, consistent with its previously announced Brexit preparations.The move, which was approved by regulators in July...

Competition in Artificial Intelligence Is Like New Space Race: Viewpoint

Jan 2 2019 // It’s been another year of relentless artificial-intelligence hype and incremental AI achievement. Machines still beat humans only in carefully constructed environments or at narrow tasks. The good news is that, as...

Obstacles to May’s Brexit Deal Can Be Overcome with EU Clarification: UK Minister

Dec 28 2018 // Prime Minister Theresa May’s Brexit deal can be passed by the British parliament if the European Union provides clarification that the Northern Irish “backstop” will be temporary, foreign minister Jeremy...

UK Business Confidence Sinks as Risk of No-Deal Brexit Grows: Report

Dec 27 2018 // Business leaders’ confidence in the British economy has sunk to its lowest level in more than 18 months as the risk of a no-deal Brexit in a little over three months grows, the Institute of Directors (IoD) said on...

U.S. Signs Agreement with UK Covering lnsurance Regulation Post-Brexit

Dec 21 2018 // As they previously announced they would do, the U.S. Treasury and U.S. Trade Representative have officially signed an agreement with the United Kingdom to provide insurance regulatory continuity after the country exits the...

Rottiers Appointed as CEO of Lloyd’s Brussels

Dec 20 2018 // Sonja Rottiers has been appointed as the chief executive officer of Lloyd’s Brussels. She will also be Lloyd’s regional director for Europe, Middle East and Africa, and will take up her position in...

Most UK Insurers, Banks, Financial Firms Will Lose EU Access with No-Deal Brexit

Dec 20 2018 // Most banking, insurance and other financial firms in Britain would be cut off from the European Union if there is a no-deal Brexit, the bloc’s executive body said on Wednesday.Financial services are Britain’s...

Marsh Makes Post-JLT Merger Leadership Appointments

Dec 19 2018 // Global insurance broker Marsh announced the appointments of key leaders for its regional, specialty and placement teams worldwide that will be effective upon closing of the pending acquisition by Marsh’s parent...

Britain Begins to Ramp Up Planning for No-Deal Brexit

Dec 18 2018 // Britain will begin to put into place plans for an exit from the European Union without any deal in place, with the public and businesses told to prepare now for the eventuality, Prime Minister Theresa May’s spokesman...

EU Regulator Says Insurers Pass Stress Tests

Dec 17 2018 // Europe’s biggest insurers successfully withstood the latest tests of their ability to cope with severe market shocks, the European Union’s insurance watchdog said on Friday.The European Insurance and...

Slice Now Offering On-Demand Insurance Cloud Services Platform to Insurers in UK, EU

Dec 13 2018 // Slice Labs Inc. said it is now making its Insurance Cloud Services (ICS) available in the United Kingdom and across the European Union. The ICS allows subscribing insurers to Iaunch on-demand insurance products customised...

UK Fintech Startup Revolut Gets EU Banking License in Lithuania

Dec 13 2018 // Revolut, the London-based financial technology startup, has obtained a European banking license as Brexit looms, with plans to launch checking and savings accounts as well as retail and business lending.The Bank of...

UK Prime Minister Survives Confidence Vote but Party Is Bitterly Divided

Dec 12 2018 // Prime Minister Theresa May survived a confidence vote from her Conservative party on Wednesday, but more than a third of her lawmakers said she was no longer the right leader to implement Britain’s exit from the...

Brexit to Cause Irreversible Damage to UK Financial Services, Say Industry Leaders

Dec 12 2018 // Life in London’s financial district will appear little changed when Britain leaves the European Union on March 29, defying predictions of an exodus of high-flyers to rival centers like Paris, Frankfurt and Dublin.But...

Brexit Uncertainties Heighten as UK Prime Minister Faces Vote of No Confidence

Dec 12 2018 // Theresa May will fight for her job as British prime minister after being told she will face a vote of no confidence in her leadership, throwing the U.K. into fresh turmoil and Brexit into disarray.“I will contest...

Sweden’s Wildfires Highlight Cost of Rapidly Changing Climate in Europe

Dec 12 2018 // Hannele Arvonen, the owner of one of Sweden’s largest lumber yards, is spending the winter months planning for a new and unexpected threat to her business: regular wildfires raging just south of the Arctic Circle.Her...

U.S. Intends to Sign Post-Brexit Insurance Pact with Britain

Dec 11 2018 // The U.S. Treasury and U.S. Trade Representative’s office said on Tuesday they intended to sign a new bilateral insurance agreement with Britain that will provide insurance market regulatory certainty and continuity...

UK Prime Minister Defers Brexit Vote, Raising Risk of No Deal

Dec 10 2018 // Theresa May is playing for time.Faced with a humiliating defeat on her Brexit deal, the embattled U.K. prime minister announced to the House of Commons she would defer a vote and return to Brussels to seek...

UK Can Reverse Brexit Process, Rules Top EU Court

Dec 10 2018 // The U.K. can unilaterally reverse the Brexit process, the European Union’s top court said in a landmark ruling that will fuel the campaign to thwart the divorce on the eve of a possible make or break vote in the...

Post-Brexit Free Trade Would Still See U.K. Insurance Services Exports Fall 19%: Think Tank

Dec 7 2018 // U.K. financial-services exports to the European Union could be 59 percent lower after Brexit, even if Prime Minister Theresa May secures a free-trade agreement, according to the Centre for European Reform.“Any...