All the headlines from our Europe Topic Page, ordered by recency.
Aug 7 2018 // Is a no-deal Brexit becoming more likely? U.K. Trade Secretary Liam Fox puts the chances at 60 percent. And while Theresa May sees that as an overestimate, her office has been careful not to dispute Fox’s argument...
Aug 6 2018 // Prime Minister Theresa May’s ministers are ratcheting up warnings that Brexit talks risk ending in failure, with International Trade Secretary Liam Fox on Sunday predicting a messy split from the European...
Aug 3 2018 // Mark Carney threw himself back into the thick of the Brexit debate on Friday, saying the chance of the U.K. dropping out of the European Union without a deal is “uncomfortably high.”The intervention suggests...
Aug 3 2018 // Allianz SE said strong growth across its businesses lifted second-quarter profit as Europe’s largest insurer keeps the market waiting on any acquisitions it will undertake.The gains help keep Allianz on track to meet...
Aug 2 2018 // CNA Hardy, the specialist commercial insurer writing business within the Lloyd’s and company markets, announced that its new European subsidiary has successfully been granted an insurance company license by...
Aug 1 2018 // THB, the London-based specialist re/insurance broker and AmWINS subsidiary, announced the appointment of Ko Bertelkamp as operations director of THB Europe, effective immediately. Ko Bertelkamp is based in Amsterdam and...
Aug 1 2018 // Britain’s exports of financial services to the European Union hit a record high last year, highlighting the need for the City to preserve access to the bloc after Brexit, industry officials said on Tuesday.Exports...
Jul 31 2018 // Lloyd’s of London is reviewing all aspects of its business, including its centuries-old structure, to ensure it is cost-competitive and responsive to both clients and members, especially after Britain leaves the EU,...
Jul 31 2018 // A draft of a sweeping data privacy bill has been submitted to India’s government that, if enacted, will restrict the transfer and storage of information on more than 1 billion people by global technology corporations...
Jul 27 2018 // Chubb European Group announced it has achieved an important regulatory step in its Brexit preparations to redomicile its businesses to France.This provides Chubb’s customers “with continuous, uninterrupted...
Jul 27 2018 // Markel Corp. announced that its newly licensed German insurance company, Markel Insurance SE (MISE), has been given an “A” financial strength rating by A.M. Best.MISE has been established to meet the insurance...
Jul 27 2018 // A second Brexit contract continuity clause has been published by the International Underwriting Association (IUA).The association in June issued a policy clause to help companies manage insurance contracts as the UK leaves...
Jul 27 2018 // Sweltering? Swimming? Choking on wildfire smoke? Blame it on the jet stream and a warming world.Kinked, buckled, stuck or stalled, it doesn’t matter how you describe it, the jet stream — the ribbon of wind that...
Jul 26 2018 // In what the EU chief called a “major concession,” U.S. President Donald Trump agreed on Wednesday to refrain from imposing car tariffs while the two sides launch negotiations to cut other trade barriers, easing...
Jul 26 2018 // Global insured losses from natural disasters for the first half were preliminarily estimated at US$21 billion, which is 40 percent lower than the 10-year average of US$35 billion and 19 percent lower than the 18-year...
Jul 26 2018 // The Bank of England is war-gaming with lenders and insurers for potential market turmoil on Brexit day.Sam Woods, the central bank’s top supervisor, said contingency planning for Britain’s withdrawal from the...
Jul 26 2018 // Brexit is the greatest structural challenge facing the London company market, said the chairman of the International Underwriting Association, Malcolm Newman.The UK’s break from the EU is affecting insurers, brokers...
Jul 26 2018 // Extreme weather that’s gripping northern Europe and parts of Asia may persist through early August, prolonging a deadly heatwave that’s parched crops and sparked devastating forest fires.Temperatures have risen...
Jul 25 2018 // Willis Towers Watson announced it has reinforced its existing facultative reinsurance business in France by strengthening and growing its Paris-based team.The global advisory, broking, and solutions company has...
Jul 25 2018 // Britain’s banking industry will emerge largely unscathed from Brexit and retain its position as one of the world’s top two financial centers for the foreseeable future, Barclays’ Chairman John McFarlane...