Latest Europe Headlines

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

How Brexit Hobbled Britain’s Race to Space

Jan 2 2024 // Britain’s push to become a “space superpower” is being undermined by political disarray and weak domestic investment, while showing how the nation needs international partners more than ever...

UK Signs Swiss Financial Services Deal, Easing Post-Brexit Access for Insurers, Brokers

Dec 22 2023 // The UK and Switzerland signed an agreement to recognize each other’s laws and regulations in financial services, easing post-Brexit market access for firms including banks, insurers and asset managers.Chancellor of...

Allianz Sponsors Catastrophe Bond for European Windstorm Risks

Dec 20 2023 // Allianz has sponsored a new catastrophe bond which will provide the group with multi-year risk transfer capacity of €250 million to protect itself against European windstorms.Allianz entered into a three-year reinsurance...

UK to Sign Deal Boosting City of London’s Post-Brexit Ties to Switzerland

Dec 20 2023 // The UK and Switzerland will sign an agreement around financial services on Thursday, a post-Brexit accord to deepen ties between their respective financial centers.Chancellor of the Exchequer Jeremy Hunt will visit Bern to...

Banks, Insurers Temporarily Dodge Full Impact of EU’s Harshest ESG Law to Date

Dec 19 2023 // The finance industry will be shielded from the full scope of the European Union’s most consequential piece of ESG legislation to date, as the bloc settles on a compromise to help it get the bill over the finish...

Here’s What’s Next for the EU’s Landmark Artificial Intelligence Act

Dec 15 2023 // European Union countries and lawmakers last week agreed a provisional deal for artificial intelligence rules aimed at establishing guardrails for the rapid development of AI and setting a global standard in technology...

People Moves: Marsh Announces Group of Promotions in UK, Global Placement Team; Klingspor Succeeds Papanikolaou as CEO, Allianz Central Europe

Dec 13 2023 // This edition of International People Moves details appointments at Marsh and Allianz Central Europe.A summary of these new hires follows here. Marsh Announces Group of Promotions in UK, Global Placement TeamMarsh, the...

People Moves: DUAL Europe Taps Hiscox’s Hervé to Launch and Lead French Unit; Chubb’s Overseas General Insurance Names Spagnoli as Head of Consumer Lines

Dec 12 2023 // This edition of International People Moves details appointments at DUAL France and Chubb’s Overseas General Insurance unit.A summary of these new hires follows here. DUAL Europe Taps Hiscox’s Hervé to Launch...

People Moves: Papanikolaou to Succeed Mueller as AGCS CEO and Will Lead Allianz Commercial; May Promoted to CEO of Lloyd’s Europe as Breitburd Steps Down

Dec 11 2023 // This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS) and Lloyd’s Europe.A summary of these new hires follows here. Papanikolaou to Succeed Mueller as...

European Union Agrees Landmark Deal Governing Use of Artificial Intelligence

Dec 11 2023 // Europe on Friday reached a provisional deal on landmark European Union rules governing the use of artificial intelligence including governments’ use of AI in biometric surveillance and how to regulate AI systems such...

Markets/Coverages: Howden Launches European Cyber & Tech E&O Facility

Dec 8 2023 // Howden, the global insurance group, today announces the launch of one of the first dedicated European cyber and technology errors & omissions line slips for primary business.The product is led by Canopius and IQUW with...

People Moves: Ardonagh Group Announces Senior Management and Structural Shakeup; QBE Promotes Purkis in Continental Europe Distribution Team

Dec 7 2023 // This edition of International People Moves details appointments at the broker Ardonagh and QBE Europe.A summary of these new hires follows here. Ardonagh Group Announces Senior Management and Structural ShakeupThe Ardonagh...

AXA Weighs $1.1B Disposal of European Protection Insurance Businesses: Sources

Dec 7 2023 // AXA is considering selling some of its protection insurance businesses across Western Europe in a deal that could be worth up to 1 billion euros ($1.1 billion), two people close to the matter told Reuters.The French...

Brexit Backer and Inventor James Dyson Loses Libel Lawsuit Against UK Newspaper

Dec 1 2023 // James Dyson, the billionaire inventor of the bagless vacuum cleaner, lost a libel lawsuit on Friday against a British newspaper publisher over a column that branded him a hypocrite who had “screwed”...

EU Weighs Wider Scope for Cybersecurity Certification Scheme: Proposal

Nov 27 2023 // The European Union is considering broadening the scope of proposed cybersecurity labeling rules that would affect not just Amazon, Alphabet’s Google and Microsoft but also banks and airlines, according to the latest...

Injuries to European Footballers Rise to $767 Million During World Cup Year: Howden

Nov 20 2023 // Injuries to European footballers became more severe after the winter World Cup in Qatar last year, contributing to a nearly 30% annual jump in the cost to clubs of seeing their players sit on the sidelines.The findings...

EU Proposes to Ban Sale of Tankers to Russia to Curb Growth of Shadow Fleet

Nov 17 2023 // The European Commission is proposing to ban the sale of tankers for crude oil and petroleum products to Russia to prevent Moscow bypassing western sanctions on Russian oil with a shadow fleet of ships, a proposal by the...

People Moves: SiriusPoint Taps RSA’s Hardy as Director of Sales & Distribution, Int’l; Pro MGA Global Solutions Names Martin Døhlen as MD of European Platform

Nov 15 2023 // This edition of International People Moves details appointments at SiriusPoint and Pro MGA Global Solutions.A summary of the new hires follows here. SiriusPoint Taps RSA’s Hardy as Director of Sales &...

Banks, Insurers May Escape EU’s Toughest ESG Regulation So Far

Nov 14 2023 // Banks, asset managers and other financial firms have won a reprieve from Europe’s most consequential ESG regulation to date, as a wave of intense industry lobbying pays off.Spain, which holds the European...

Markets/Coverage: QBE Launches Marine Offering for European Customers

Nov 13 2023 // Australian insurer QBE has launched a marine offer that will insure international trade for European customers who want to be serviced locally.As an international insurer with local presence in 28 countries, QBE said it...