Latest Europe Headlines

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

EU Lawmakers Target Big Tech Firms’ Unfair Business Practices

Dec 6 2018 // EU lawmakers agreed on Thursday to take a tougher stance against tech giants such as Google , Amazon and Apple in new legislation aimed at curbing unfair business practices.A European Parliament committee voted in favor of...

EU Court Ruling on U.K. Right to Reverse Brexit Expected Dec. 10

Dec 6 2018 // The European Union’s highest court will on Dec. 10 tell the U.K. whether it should be allowed to unilaterally reverse Brexit, in a landmark ruling that could offer hope to those who want their country to call off the...

EU Bank Reform Includes Insurance, Bad Loan, Other Sweeteners

Dec 4 2018 // European Union finance ministers struck a deal on a major reform of banking rules on Tuesday, addressing some of the loopholes exposed by the global financial crisis.The overhaul, proposed by the European Commission in...

EU Court’s Non-Binding Ruling Says U.K. Can Reverse Brexit

Dec 4 2018 // The U.K. should be allowed to reverse Brexit, according to an advisory opinion from the European Union’s top court that will fuel the campaign to thwart the divorce.The opinion, which isn’t binding, comes at a...

G20 Skirts Taboos in Reaching Agreement on WTO Reforms

Dec 3 2018 // Many delegates from the world’s 20 largest economies arrived at a summit in Argentina this week determined to clinch an agreement to reform the global trade system, pushed to a breaking point by tensions between the...

How States Differ in Responding to Coverages and Their Application

Dec 3 2018 // I have done a tremendous amount of errors and omissions (E&O) work over the years, including serving as approved and accredited auditor for two major E&O carriers, a certified E&O instructor, an author of an...

UK’s EU Draft Divorce Deal Preferable to No-Deal Brexit, Says FCA

Nov 30 2018 // Britain’s draft divorce settlement with the European Union is preferable to a no-deal Brexit even though this would leave it without a say over EU financial rules, its finance industry watchdog said on Thursday.The...

No-Deal Brexit Could Be Worse for UK Economy than 2008 Financial Crisis: BoE

Nov 29 2018 // Britain risks suffering an even bigger hit to its economy than during the global financial crisis 10 years ago if it leaves the European Union in a worst-case Brexit scenario in four months’ time, the Bank of England...

Markel International to Partner with Yacht Insurer Pantaenius

Nov 28 2018 // Markel International, the specialist insurer, will partner with Pantaenius GmbH, the European yacht insurance provider, to strengthen and broaden the capabilities and services that together they provide their clients...

UK Economy Could Take 10.7% Economic Hit with No-Deal Brexit: Gov’t Report

Nov 28 2018 // The U.K. will suffer a major economic hit if Parliament rejects Theresa May’s Brexit deal and the country crashes out of the European Union with no new trade arrangements in place, according to official analysis.A...

Update: AXA Expects Profits to Be Boosted by Its $15 Billion XL Deal

Nov 28 2018 // AXA, Europe’s second-biggest insurer, expects its profitability to improve in the next two years thanks to U.S. business brought in by its new XL arm, and said it would now focus on expanding in Asia.The French...

IBM Joins Critics Calling for Regulation of Tech Firms’ Personal Data Use

Nov 28 2018 // International Business Machines Corp. Chief Executive Officer Ginni Rometty joined a growing chorus of tech executives lambasting web platforms, like Google and Facebook Inc., over their collection of user data and urged...

Brexit Deal Could Reduce UK Economy by 4% by 2030: Think Tank

Nov 27 2018 // The British government’s Brexit deal with Brussels is likely to mean Britain’s economy will be 3.9 percent smaller by 2030 than if it were to stay in the European Union, a leading think tank said on Monday.The...

XL Insurance to Cut Coal Industry Business Under Parent AXA’s Climate Order

Nov 26 2018 // AXA, France’s biggest insurer, has extended its climate change policy to its recently acquired XL division, joining a growing list of European insurers that have taken action to help to tackle global warming.AXA,...

EU Leaders Approve Brexit Treaty, Which Faces Rejection in UK Parliament

Nov 26 2018 // European Union leaders finally sealed a Brexit deal on Sunday, saying the package agreed with Prime Minister Theresa May was the best Britain will get in a warning to the British parliament not to reject it.“Those...

If UK Lawmakers Don’t Approve Draft Brexit Deal, What Comes Next?

Nov 23 2018 // Theresa May has now presented the results of her two-year Brexit negotiation to Parliament. Next month she’s set to ask lawmakers to approve the deal. And everyone — except perhaps the prime minister —...

Factbox: Key Elements of EU-UK Draft Deal for Post-Brexit Relationship

Nov 22 2018 // Britain and the European Union have agreed in principle on a text setting out their future relationship. The deal is pending endorsement by the bloc’s leaders at a summit on Sunday.Here are some key elements of the...

EU, UK Agree Draft Text for Post-Brexit Ties Although Some Wrangles Remain

Nov 22 2018 // Britain and the European Union have agreed a draft text setting out a close post-Brexit relationship, though wrangling with Spain over control of Gibraltar must still be settled before EU leaders meet on Sunday in order to...

SCOR Launches Paris-Based P/C Specialty Insurer to Ensure Post-Brexit Continuity

Nov 22 2018 // SCOR announced the formation of SCOR Europe SE, a Paris-based P/C specialty insurance company, to ensure the continuity of services after Brexit.With effect from Jan. 1, 2019, SCOR Europe SE, a fully owned subsidiary of...

Generali Earmarks €4 Billion ($4.6 Billion) for Acquisitions, Growth

Nov 21 2018 // Generali has earmarked up to four billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia to fuel earnings.Italy’s top insurer — which...