Latest Europe Headlines

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

People Moves: Zurich Nordic Promotes Fritz to CEO; Arch Taps Cyber U/Ws From Tokio Marine and AIG; Liberty Names RSA’s Furlan as Head of Casualty, Europe

Oct 18 2023 // This edition of International People Moves details appointments at Zurich Insurance, Arch Insurance and Liberty Specialty Markets.A summary of these new hires follows here. Zurich Promotes Fritz to CEO Zurich NordicZurich...

Banks Told to Review Clients in Historic ESG Crackdown in EU

Oct 17 2023 // Banks in Europe will need to adjust the risk assessments they conduct of their clients to reflect new ESG requirements enforced by their watchdog.In a world first, the European Banking Authority is revising the framework...

New FERMA President Plans to Amplify Voice of European Risk Managers at EU Level

Oct 17 2023 // Charlotte Hedemark became president of the Federation of European Risk Management Associations (FERMA) on Oct. 16 at an official handover ceremony at the FERMA Seminar 2023 in Antwerp, Belgium.She replaces Dirk Wegener,...

People Moves: WTW Risk & Broking Names Marsh’s Powell as Chief Claims Officer; QBE Europe Promotes Keller as Head of Liability

Oct 16 2023 // This edition of International People Moves details appointments at WTW and QBE Europe.A summary of these new hires follows here. WTW Risk & Broking Names Marsh’s Powell as Chief Claims OfficerWTW, the advisory,...

Banks in EU Get World’s First ESG-Related Rewrite of Capital Rules

Oct 13 2023 // In a global first, Europe’s main bank regulator is revising the framework that sets capital requirements so that lenders reflect environmental and social risks in mandatory, industrywide buffers.The European Banking...

2023 on Track to Become Hottest Year on Record: EU Climate Service

Oct 6 2023 // This year is on track to become the hottest since at least 1940, the European Union’s Copernicus Climate Change Service said on Thursday.Scientists have said climate change, combined with this year’s El Nino...

People Moves: Lockton Europe Taps WTW’s Rowley as Head of N. American Property; Sompo Int’l Names Faugas From AGCS as France Country Manager, Insurance

Oct 3 2023 // This edition of International People Moves details appointments at Lockton Europe and Sompo InternationalA summary of these new hires follows here. Lockton Europe Taps WTW’s Rowley as Head of North American...

Youth vs Europe: ‘Unprecedented’ Climate Trial Unfolds at Human Rights Court

Sep 29 2023 // Six young people from areas in Portugal ravaged by wildfires and heatwaves went head-to-head with 32 European governments on Wednesday [Sept. 27], alleging in court that their failure to act fast enough on climate change...

EU Probes Anesthesia Complication for New Weight-Loss Drugs

Sep 29 2023 // European authorities are investigating whether popular weight-loss and diabetes drugs including Novo Nordisk A/S’s Wegovy may be linked to complications during anesthesia.The European Medicines Agency’s safety...

European Insurers Underwrite 30% of US Coal: Study

Sep 28 2023 // Some of Europe’s biggest insurers are underwriting close to a third of the coal production that takes place in the US, even after pledging to target net zero emissions, according to a report by climate campaign group...

People Moves: Sompo Int’l Taps Chubb’s Gossé for Cyber Ins., Continental Europe; Allianz Commercial Names Vogler Chief Regions & Mkts Officer, Succeeding Haagen

Sep 27 2023 // This edition of International People Moves details appointments at Sompo International and Allianz Commercial.A summary of these new hires follows here. Sompo Int’l Taps Chubb’s Gossé for Cyber Insurance,...

Alpine Tunnel Chaos Puts Crucial European Network Under Strain

Sep 25 2023 // When a landslide blocked an aging Alpine tunnel connecting Italy and France this summer, Livio Ambrogio knew what the fallout was going to be for his freight business: time and money.The closure of the 8-mile long Frejus...

Markets/Coverages: Specialty MGA Nirvana Launches European W&I Binder

Sep 20 2023 // Nirvana, the London-based media, tech and cyber managing general agent (MGA), has launched its new European SME Warranty and Indemnity (W&I) binder.The team has a total available line size of €20 million ($21.4...

Google Launches Last-Ditch Effort to Overturn $2.6B EU Antitrust Fine

Sep 20 2023 // Alphabet’s Google on Tuesday made a last-ditch effort at Europe’s top court to overturn a 2.42 billion euro ($2.6 billion) EU antitrust fine imposed for market abuse related to its shopping service, saying that...

TikTok Fined €345M Over Handling of Children’s Data in Europe

Sep 19 2023 // TikTok has been fined 345 million euros ($370 million) for breaching privacy laws regarding the processing of children’s personal data in the European Union, its lead regulator in the bloc said on Friday.The...

EU Businesses Concerned About ‘Lack of Clarity’ in China’s Data Laws

Sep 19 2023 // European Union businesses are concerned about China’s data laws, including their “lack of clarity” and the “long processes” that companies have to undergo, European Commission Vice President...

People Moves: AXA XL Promotes Lebas to Head of Mid-Market, APAC & Europe; AgriSompo Int’l Taps EMC Re’s Smith as SVP International Operations Deputy

Sep 14 2023 // This edition of International People Moves details appointments at AXA XL and Sompo International’s AgriSompo.A summary of these new hires follows here. AXA XL Promotes Lebas to Head of Mid-Market, APAC &...

People Moves: De Nil Named Global Head of Zurich Resilience Solutions; Miller Taps Aon’s Castanier to Develop European Leasing Practice

Sep 13 2023 // This edition of International People Moves details appointments at Zurich Insurance and the broker Miller.A summary of these new hires follows here. De Nil Named Global Head of Zurich Resilience SolutionsZurich Insurance...

City of London Calls for ‘Big Moves’ to Boost Post-Brexit Finance

Sep 7 2023 // The City of London called in a report on Thursday for a new council which would allow Britain’s financial sector to drive through “big moves” needed to boost the economy by 225 billion pounds ($281...

Guy Carpenter Names Enoizi CEO of Europe

Sep 5 2023 // Guy Carpenter, the reinsurance business of Marsh McLennan, announced the appointment of Julian Enoizi as CEO of Guy Carpenter Europe effective immediately. Enoizi will be based in Europe and report to Laurent Rousseau, CEO...