Latest France Headlines
All the headlines from our France Topic Page, ordered by recency.
CNA Hardy Names Leroy as French Country Manager
May 21 2018 // CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, is has appointed Delphine Leroy as country manager for France. Reporting to Stuart Middleton, CEO Continental...
Best Countries to Locate a Business in Age of Cyber, Storms, Fires and Political Risk
May 16 2018 // The risk of cyber attack, once overhyped, now threatens businesses’ very existence. Its severity varies significantly with geography: For example, inherent cyber risk has climbed in France over the past year while...
UK, France, Germany Huddle on Iran Oil Tanker Insurance
May 15 2018 // If European powers are to succeed in holding together a nuclear deal with Iran that the U.S. abandoned a week ago, then one issue they’ll need to consider is the insurance of oil tankers hauling the Persian Gulf...
Lance Armstrong, US Government Settle Lawsuit for $5M
Apr 23 2018 // Lance Armstrong reached a $5 million settlement with the federal government in a whistleblower lawsuit that could have sought $100 million in damages from the cyclist who was stripped of his record seven Tour de France...
Sanofi Executive, Fired in France for Sexting, Sues for $1.5 Million
Mar 7 2018 // First he sent lewd texts. Then he got fired. Then he sued. The case of an alleged sex pest at drug giant Sanofi is the latest example of how France is confronting age-old attitudes toward the kind of behavior that...
XL Group CEO McGavick Comments on Firm’s Agreed Purchase by France’s AXA
Mar 5 2018 // XL Group’s CEO Mike McGavick has issued the following statement to clients and brokers in response to today’s announcement that XL has entered into an agreement to be acquired by French insurer AXA. Dear Valued...
France’s AXA to Acquire P/C Insurer XL Group for $15.3 Billion
Mar 4 2018 // AXA SA agreed to buy XL Group Ltd. for $15.3 billion in cash, seeking to capture a bigger slice of the U.S. property and casualty market as premiums rise after last year’s natural disasters. The French insurer is...
California Dam Crisis Driving National Examination
Feb 13 2018 // One year after the worst structural failures at a major U.S. dam in a generation, federal regulators who oversee California’s half-century-old, towering Oroville Dam say they are looking hard at how they overlooked...
Liberty Specialty Markets’ French Operation to Expand Product Range, Increase Team
Feb 12 2018 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, is to broaden the range of product lines underwritten by its French operation and increase the size of its team. It will also make a series of investments...
January Windstorms to Cost Europe’s Insurers More Than $2B: Aon
Feb 9 2018 // European windstorms Friederike, Eleanor and Carmen wreaked widespread damage in January, causing insured losses of more than $2 billion, according to a report published by Impact Forecasting, Aon Benfield’s...
French Dairy Group Likely Sold Contaminated Baby Milk for Years; Multiple Suits Filed
Feb 1 2018 // French dairy group Lactalis may have been producing salmonella-tainted baby milk for more than a decade, its CEO was quoted as saying on Thursday, adding the growing food safety crisis was likely to cost the company...
Insurance Industry Making ‘Significant Contributions’ in Climate Change Battle, Report Shows
Jan 25 2018 // The insurance industry is making significant contributions to building socio-economic resilience to climate change and supporting the transition to a low-carbon economy in their role as risk management experts and...
Insured Losses from Europe’s Storm Eleanor/Burglind Estimated at $1.3B-$1.9B: AIR
Jan 12 2018 // Insured losses from winter Storm Eleanor/Burglind, which hit northern Europe on Jan. 3, will range between €1.1 billion ($1.3 billion) and €1.6 billion ($1.9 billion), according to estimates from catastrophe modeling...
Willis Towers Watson Places Cat Bond for France’s Covea Mutual
Dec 21 2017 // Willis Towers Watson Securities said it has structured and placed EUR 90 million of insurance-linked securities (ILS) for Covea Mutual Insurance Group, France’s largest domestic property/casualty insurance group. The...
Chubb Names French & Hill to Asia-Pacific Leadership Positions
Dec 14 2017 // Chubb announced two leadership appointments in the company’s Asia Pacific business. John French, currently country president for Australia and New Zealand, has been appointed to the position of senior vice president,...
World Leaders Aim to Breathe New Life into Paris Climate Pact; AXA Plans Initiatives
Dec 11 2017 // French President Emmanuel Macron this week will seek to breathe new life into the fight against global warming and sway debate away from skeptics of the process led by U.S. President Donald Trump. At a series of events in...
Judge Limits Key Testimony in Armstrong Lawsuit
Nov 30 2017 // A federal judge has set some limits on key evidence and testimony in Lance Armstrong’s upcoming $100 million civil trial, including harm inflicted on former team sponsor U.S. Postal Service and whether the government...
France’s AXA to Focus on M&A in 16 Countries; Eyes Sale of Some Non-Core Assets
Nov 14 2017 // French insurer AXA will narrow its acquisition focus to 16 key countries and could sell some assets in markets where it lacks scale, its executives said on Tuesday. “We want to focus on fewer countries. We want to...
AXA Simplifies Structure with 5 Geographies; New Management Committee Formed
Nov 14 2017 // AXA Group announced it is simplifying its operating model by creating five global geographies: France, Europe, the U.S., Asia, and International. In addition, it has created a single, refocused Corporate Center, which is...
French Startup Navya to Roll Out $290,000 ‘Robotaxi’ in Paris Within Weeks
Nov 8 2017 // Navya Technologies SAS will roll its robot-driven automobiles onto the cobbled streets of Paris in the next few weeks to try and beat behemoths from General Motors Co. to Alphabet Inc. at proving autonomous cars are...
