Latest Europe Headlines

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

Europe Braces for Freeze of US Foreign Corruption Practices Act

Feb 24 2025 // In recent years, Glencore Plc, Airbus SE and Credit Suisse have collectively paid more than $5.5 billion in fines for their roles in sprawling corruption cases. While law enforcement in France and the UK took the lead, the...

EU Plans to Walk Back Key Planks of Toughest ESG Legislation

Feb 24 2025 // The European Union’s executive arm is proposing that the bloc amend eight main points in the scope of the Corporate Sustainability Due Diligence Directive, according to a draft proposal seen by Bloomberg. The changes...

People Moves: Hamilton Global Specialty Promotes Thorp as Head of Space, Golder as Head of Treaty; QBE Europe Names Yebra as Senior U/W in Transactional Liability Team

Feb 19 2025 // This edition of International People Moves details appointments at Hamilton Global Specialty and QBE European Operations.A summary of these new hires follows here. Hamilton Global Specialty Promotes Thorp as Head of Space,...

Global Warming Could Be Making It Less Windy in Europe

Feb 18 2025 // Global warming is driving down wind speeds during European summers, putting additional stress on the region’s energy systems as soaring temperatures boost cooling demand, new research shows.That phenomenon — known...

EU to Propose New 2040 Climate Target for Emissions by End-March

Feb 13 2025 // The European Commission will propose a new climate target this quarter, to slash Europe’s emissions by 2040, it said on Wednesday.A commission work program, published on Wednesday, confirmed the EU would amend its...

DeepSeek May Face Further Regulatory Actions, EU Privacy Watchdog Says

Feb 13 2025 // DeepSeek may face more actions from national regulators in the future, Europe’s privacy watchdog said on Tuesday [Feb. 11], underscoring the bloc’s concerns about the rising popularity of the cheap Chinese...

Viewpoint: New Year, Old Challenges for European Insurers

Feb 13 2025 // The European insurance sector saw high levels of claims inflation in 2024. In motor-related material damage in particular, claims inflation is still outpacing the Consumer Price Index, and we could see primary insurers...

EU Weighs Easing Corporate Liability Under Toughest ESG Law

Feb 12 2025 // The European Union is reviewing the extent to which companies can be held liable for environmental and human rights breaches in their supply chains, ahead of a package designed to remove red tape from the bloc’s ESG...

US Companies Say ESG Rules Are a Serious Barrier to EU Trade

Feb 10 2025 // US companies are adding their voice to the list of critics targeting ESG regulations in Europe.The American Chamber of Commerce to the European Union, whose members include Ford Motor Co., Exxon Mobil Corp. and Amazon.com...

People Moves: Willis Promotes Easton to Global Head of ART and Head of Western Europe, Risk & Analytics; Arch Insurance UK Division Promotes 4 Senior Leaders

Feb 7 2025 // This edition of International People Moves details appointments at Willis and Arch Insurance UK.A summary of these new hires follows here. Willis Promotes Easton to Global Head of ART and Head of Western Europe, Risk &...

European Commission Asks Shein for Information on Illegal Goods

Feb 6 2025 // The European Commission has asked online fast-fashion retailer Shein to provide internal documents and more detailed information on risks linked to the presence of illegal goods and content on its marketplace, the EU...

Investors With $6.8 Trillion Warn EU Not to Bow to ESG Backlash

Feb 6 2025 // A group of investors representing €6.6 trillion ($6.8 trillion) of assets is calling on European officials not to cave in to mounting pressure to scale back the bloc’s ESG regulations.The planned reporting rules...

Europe’s Water Resources Under Pressure With Most Surface Bodies Polluted, EU Says

Feb 6 2025 // Most of European Union surface water bodies are polluted by chemicals, the European Commission said on Tuesday, in a report that revealed the damaged state of Europe’s water resources.The European Union is drafting...

City of London Hit Harder Than Rest of Economy Since Brexit Vote

Feb 3 2025 // The City of London, once considered the crown jewel of Britain’s dominant services sector, has performed even worse than the rest of the economy in the years following the Brexit referendum.Financial and insurance...

Europe’s Insurers May Face New Capital Rules for Climate Risk

Jan 31 2025 // Europe’s insurance watchdog has called for a recalibration of capital requirements to reflect rising climate-driven disasters across the continent.The European Insurance and Occupational Pensions Authority is...

EU Says Drive to Simplify Will Not Weaken Climate Agenda

Jan 30 2025 // The European Union’s drive to simplify rules will not weaken the bloc’s climate change goals, European Commission President Ursula von der Leyen said.She was speaking on Wednesday after the Commission published...

Climate Change Will Lead to Higher Deaths in Europe, Study Shows

Jan 29 2025 // As Europe gets hotter, more people are expected to die from extreme heat, outweighing the reduction in those killed by very cold weather.Cities in northern European regions such as the UK and Ireland and Scandinavia would...

Markets/Coverages: DUAL Europe Launches Cyber Active Protect Solution

Jan 28 2025 // DUAL Europe announced the launch of DUAL Cyber Active Protect, a new product that combines comprehensive cyber insurance with proactive cyber prevention services.It also has launched a new entity – DUAL Cyber Prevention...

LA Fires Could Consume 30% of European Reinsurers’ Natural Disaster Budgets: Fitch

Jan 24 2025 // The Los Angeles wildfires could consume more than 30% of the aggregate natural catastrophe budgets set for 2025 by Europe’s four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR, according to a Fitch...

Italy’s Reale Mutua Eyes €1 Billion Deals in Europe Expansion

Jan 22 2025 // Italian insurer Societa Reale Mutua di Assicurazioni is looking to expand in Europe through acquisitions — and it’s ready to consider deals of up to €1 billion ($1 billion) to make it happen.“We’re...