European Union News
Yahoo Must Make Privacy Changes in EU Due to Massive Data Breach
Yahoo's European regulator has ordered it to make privacy changes following a probe into what it said was one of the largest ever data breaches to impact EU citizens. Yahoo, most of whose assets were ...
Post-Brexit UK Will Keep Focus on Financial Services: Govt. Minister
Financial services will remain a "guiding light" for Britain's economy after Brexit and there is no intention to "rip up the rulebook" to compete better as a top financial center, a government ...
New EU Data Protection Law May Lead to Diminished Underwriting Quality: A.M. Best
Complying with the European Union's new General Data Protection Regulation is leading insurers and reinsurers to dilute the types of data they gather—something that could diminish underwriting ...
Why Brussels Made Sense as a Post-Brexit Outpost for Lloyd’s of London
Lloyd's of London remains on schedule to have its post-Brexit outpost ready for business beginning in January 2019, CEO Inga Beale confirmed at the recent NAIC International Insurance Forum in ...
Europe’s Regulators Say They Aren’t Ready for Sweeping New Data Privacy Law
Europe's General Data Protection Regulation (GDPR) has been billed as the biggest shake-up of data privacy laws since the birth of the web. There's one problem: many of the regulators who will police ...
Brexit Talks Avoid Sensitive Topics as Work Begins on Future Setup
Talks between the U.K. and the European Union skirted around the biggest obstacles to a Brexit deal as officials settled on a list of topics to shape negotiations about the future. Negotiators didn't ...
AIG Solidifies Its Post-Brexit Strategy
American International Group has solidified its post-Brexit strategy for Europe, with plans to establish two separate corporate entities to give clients greater certainty about the continuity of ...
EU Will Grant Consumers More Powers to Sue Companies
The European Union plans more powers for consumers to sue firms such as Volkswagen after the Dieselgate scandal showed the limits of consumer protection authorities to curb corporate cheating. ...