All the headlines from our Europe Topic Page, ordered by recency.
Aug 21 2018 // In the absence of a Brexit trade deal between the United Kingdom and the European Union, insurers in the UK have accelerated their plans to establish new EU subsidiaries and ensure business continuity after Brexit,...
Aug 21 2018 // Scorching summer heatwaves and downpours are set to become more extreme in the northern hemisphere as global warming makes weather patterns linger longer in the same place, scientists said on Monday.They said there was a...
Aug 20 2018 // With Brexit talks back from the summer holidays, it’s worth considering one way in which failure to reach a deal before the U.K.’s departure in March would also be bad for the European Union.Such an outcome...
Aug 17 2018 // Ratings agency Fitch said on Thursday that it saw a growing risk of a bitter and economically damaging Brexit that could lead to a further downgrade of Britain’s sovereign credit rating.“We no longer believe it...
Aug 16 2018 // Global insured losses from natural catastrophes and man-made disasters during the first half of 2018 were US$20 billion, down from US$30 billion in H1 2017, according to Swiss Re Institute’s latest sigma study.On the...
Aug 16 2018 // Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary R&Q Insurance (Malta) Ltd. has signed three new program underwriting partnerships – or fronting arrangements – with...
Aug 16 2018 // Further evidence that Brexit is deterring European Union workers emerged in figures published Tuesday [Aug. 14].The number of EU nationals working in the U.K. in the three months through June plunged by 86,000 from a year...
Aug 16 2018 // Amazon.com Inc is sounding out some of Europe’s top insurance firms to see if they would contribute products to a UK price comparison website in what would be a major foray by the U.S. online retail giant into the...
Aug 15 2018 // The risk of a no-deal Brexit has been increasing and the European Union commission needs to change its attitude if a deal is to be reached, British foreign minister Jeremy Hunt said on Tuesday.“Everyone needs to...
Aug 14 2018 // Credit ratings agency Moody’s is converting its Stockholm branch into a subsidiary as the sector faces regulatory pressure to have enough staff in the European Union post Brexit.Moody’s, one of the “Big...
Aug 13 2018 // The United Kingdom is due to leave the European Union on March 29, yet little is clear: There is, so far, no divorce deal, rivals to Prime Minister Theresa May are circling and some lawmakers are pushing for a rerun of the...
Aug 13 2018 // The U.S. is bracing for cyberattacks Iran could launch in retaliation for the re-imposition of sanctions this week by President Donald Trump, cybersecurity and intelligence experts say.Concern over that cyber threat has...
Aug 10 2018 // The European Medicines Agency (EMA) said on Friday that a second Chinese contract manufacturer, Zhejiang Tianyu, had produced a common blood pressure and heart drug with an impurity that could cause cancer.The alarm over...
Aug 10 2018 // The UK should drop its net migration target after Brexit and introduce a system for arrivals from the European Union that better meets employers’ needs, Britain’s biggest business lobby group said.The...
Aug 10 2018 // Many countries across the globe saw worsening in drought-related and wildfire conditions during July, which have led to hundreds of deaths and created a significant financial impact – particularly in the agriculture,...
Aug 10 2018 // Global commercial insurance prices rose in the second quarter of 2018, marking the third consecutive quarter of increases, according to Marsh’s “Global Insurance Market Index.”These average increases were...
Aug 8 2018 // American International Group, Inc. announced that Thomas Lillelund will join as chief executive officer of AIG Europe SA.Headquartered in Luxembourg, AIG Europe SA is a new legal entity for AIG’s business in the...
Aug 8 2018 // Britain must avoid tying Brussels up in red tape or antagonizing its soon to be former European Union partners and the United States if it is to maintain access to the bloc’s financial services market after Brexit.At...
Aug 8 2018 // Bermuda-based Aspen Insurance Holdings Ltd. announced that Emil Issavi, president and chief underwriting officer of Aspen Re, has been appointed to lead its reinsurance business with immediate effect.Issavi succeeds Thomas...
Aug 7 2018 // Emergency services in Portugal continued their fight Monday against a major, four-day wildfire on the south coast that threatened to engulf a hillside town overnight.The Civil Protection Agency said 44 people required...