Latest Europe Headlines

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

Can Go-Slow Brexit Breathe New Life into Flagging Divorce Talks?

Oct 19 2018 // The U.K. and the European Union are inching towards a plan that could help unblock Brexit negotiations and clear the path to a deal, raising hopes of progress after months of stalemate.While the EU summit in Brussels fell...

CoreLogic & Academic Institutions: The Future of Catastrophe Risk

Oct 18 2018 // This post is part of a series sponsored by CoreLogic.Ten years ago, CoreLogic® (at the time, EQECAT) introduced the use of global Atmosphere-Ocean-General-Circulation Models (AOGCM) for insurance-oriented assessments of...

15 Emerging Risks from Policies to Playgrounds, Sandboxes to Scooters

Oct 18 2018 // When insurance experts are asked what they see as the most important emerging risk for the property/casualty insurance industry, their consensus is cyber in some form.While cyber obviously poses tremendous risks, some...

UK’s May Eyes Extension of Brexit Transition Period to Unlock Impasse with EU

Oct 18 2018 // British Prime Minister Theresa May signaled on Thursday she would consider extending a so-called transition period “for a matter of months” after Britain leaves the European Union, a move her critics say is a...

Hackers with Russian Ties Hit 3 E. European Companies: Cyber Security Firm

Oct 17 2018 // Hackers have infected three energy and transport companies in Ukraine and Poland with sophisticated new malware and may be planning destructive cyber attacks, a software security firm said on Wednesday.A report by...

London Attracts Financial Services Investments Despite Cloud of Brexit: Report

Oct 17 2018 // Britain’s financial sector brushed off Brexit uncertainty in 2017 to attract more inward investment than eight rival centers vying for its business, the City of London Corp. said on Wednesday.The body that governs...

UK Needs to Get ‘Good and Scared’ About No-Deal Brexit: Opinion

Oct 16 2018 // The European Union summit in Brussels this week was meant to be historic: a Brexit divorce deal would be reached and sent to parliaments to be approved. That is now not going to happen, once again raising the risk that the...

Brexit Deadlock Deepens as Hopes Fade for Breakthrough During Crucial Week

Oct 15 2018 // The U.K. and the European Union are on course to miss this week’s key milestone on the road to a Brexit deal after talks broke up in stalemate on Sunday, people familiar with the matter said.A weekend of intense...

Berlin Insurtech Startup Simplesurance Sets Sights on U.S. for Future Expansion

Oct 12 2018 // Simplesurance founder and CEO Robin von Hein sat down last year with Insurance Journal’s sister publication, Carrier Management, to discuss the company’s strategy.Based on the edge of Berlin’s trendy...

London Market Insurers’ Profits Remain Under Pressure with Excess Capacity: Fitch

Oct 11 2018 // The profitability of London market and Lloyd’s insurers is expected to remain under pressure in 2018, despite the fact that rates improved slightly following the catastrophe losses in the second quarter of 2017,...

Brexit Divorce Talks Edge Toward Compromise but Obstacles Remain: UK, EU Officials

Oct 11 2018 // Brexit negotiators are edging toward a compromise on the thorniest issue in talks, even as officials on both sides warned that obstacles still stand in the way of a deal.EU chief Brexit negotiator Michel Barnier said...

Google+ Breach Under Investigation in U.S., EU

Oct 10 2018 // At least two U.S. states and two European Union member states are investigating a breach at Alphabet Inc.’s Google that may have exposed private profile data of at least 500,000 users to hundreds of external...

In Event of Hard Brexit, Lloyd’s Commits to Pay All Valid Claims

Oct 10 2018 // Lloyd’s said it is working on transferring all European Economic Area (EEA) business to its EU headquarters, Lloyd’s Brussels, before the end of 2020 via a Part VII transfer. (Part VII transfers, in part,...

UK Expects 5,000 Financial Services Jobs to Move to Europe by Brexit Day

Oct 10 2018 // Despite thousands of jobs set to move to the continent due to Brexit, Britain’s financial services minister said on Wednesday he would do all he can to ensure the City of London remains a major financial center.John...

Urgent EU Action Needed to Address Threat of Hard Brexit, Warns Bank of England

Oct 9 2018 // The Bank of England ratcheted up the pressure on the European Union to help stave off the threat a no-deal Brexit poses to trillions of pounds of derivative contracts and millions of insurance policies.The EU has made...

Brexit Countdown: UK-EU Divorce Talks Reach Stalemate

Oct 9 2018 // Britain said on Monday it could not agree a divorce deal with the European Union without a framework pact on future relations, throwing down the gauntlet to the bloc which also says it cannot move on talks until London...

Brexit-Related Uncertainty Begins to Hit UK Businesses: Surveys

Oct 8 2018 // Britain’s businesses are suffering from Brexit-related uncertainty as exports slow, recruitment difficulties mount and investment plans are scaled back, two surveys showed on Monday.The British Chambers of Commerce...

EU Watchdogs Step Up Plans to Avert Market Meltdown from No-Deal Brexit

Oct 5 2018 // After months listening to the U.K. warn about the risks posed by a no-deal Brexit, European Union financial regulators are now stepping up plans to avert a market meltdown.Daniele Nouy, the European Central Bank’s...

A U.S. Privacy Law Could Be Good for Google, but Bad for You

Oct 3 2018 // U.S. Congress is taking the first steps toward setting national rules governing how companies use consumers data – although one of its goals might be to prevent states from enacting stronger privacy protections of...

UK Financial Services Regulations Unlikely to Be Relaxed After Brexit: KPMG

Oct 3 2018 // KPMG expects Britain to ignore calls to loosen banking rules after Brexit and said in a report on Wednesday it may even become tougher with measures to protect consumers and defend its financial stability from cyber...