Latest France Headlines

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

CGNU in Partnership Talks with France’s MMA

Jul 9 2001 // CGNU, Britain’s largest insurer, is in talks with the French group Mutuelles du Mans Assurances aimed at establishing a partnership arrangement which would strengthen its position in the French life and pension...

AXA’s Bébéar, de Castries Under Formal Investigation in French Tax Probe

Jul 9 2001 // On June 12, French police detained and questioned AXA’s Management Board Chairman Henri de Castries and his predecessor, the company’s founder Claude Bébéar, who now presides over its Supervisory Board, about...

AXA’s Bébéar, de Castries Under Formal Investigation in French Tax Probe

Jun 25 2001 // On June 12, French police detained and questioned AXA’s Management Board Chairman Henri de Castries and his predecessor, the company’s founder Claude Bébéar, who now presides over its Supervisory Board, about...

New Lawsuit Against Crédit Lyonnais – French Gov’t. Responds

Jun 21 2001 // California Attorney General Bill Lockyer’s lawsuit against Crédit Lyonnais (CL) and a number of other defendants, filed Tuesday in San Francisco, is the latest legal action involving the French bank and its...

AXA Founder, Chairman Released on Bail – Tax Probe Continues

Jun 15 2001 // Claude Bébéar, AXA’s founder and head of its advisory board, and its current CEO, Henri de Castries, were freed yesterday after each posted a 2 million franc ($258,000) bond. The two business leaders...

Lloyd’s Admits Non-U.K. Based Brokers For the First Time

Apr 30 2001 // Of the six new brokers admitted to Lloyd’s select fraternity five are based outside of the U.K., marking the first time that the venerable institution has given foreign brokers direct access to the Lloyd’s...

PartnerRe Changes Name of French Unit

Mar 30 2001 // Bermuda-based PartnerRe announced that “it will change the name of its Paris organization from SAFR PartnerRe to PartnerRe SA,” effective April 1. The French operation thus joins the rest of the Group operating...

France Begins to Count the Cost As Floods Ease

Mar 27 2001 // As the latest in a series of floods, which have ravaged France this winter, showed some signs of receding, insurers began counting the potential losses. Last October’s floods in Europe cost insurers an estimated $1.2...

As Settlement Nears Concorde May Fly Again

Mar 13 2001 // A spokesman for La Réunion Aèrienne, the group of insurers* which covers Air France confirmed an earlier report Monday that they were close to reaching a settlement with the lawyers for the victims of the Concorde crash...

Concorde May Fly Again, Despite Lawsuits by Grieving Passenger Families

Feb 5 2001 // Last summer’s tragic Concorde crash continues to produce heartache as the lawsuits multiply and negotiations break down. Settlement talks between the lawyers for the victims’ families and Air France and its...

Concorde May Fly Again, Despite Multiplying Lawsuits

Jan 29 2001 // Last summer’s tragic Concorde crash continues to produce heartache as the lawsuits multiply and negotiations break down. Settlement talks between the lawyers for the victims’ families and Air France and its...

French Bank Head To Sue Magazine Over Allegations

Jan 22 2001 // Jean Peyrelevade, the Chairman of French bank Credit Lyonnais, has indicated he will bring a libel action in a French Court against The Economist magazine over allegations that he was aware of irregularities involving the...

“Lothar,” “Martin” and Climate Change Buffet French P/C Insurers

Dec 15 2000 // A report from the French Federation of Insurance Companies, and an analysis of the French non-life sector from Standard & Poor’s both show that lingering problems from last year’s devastating windstorms,...

Concorde Insurers Name Continental in French Lawsuit

Nov 30 2000 // La Réunion Aérienne, the insurance pool with primary coverage for losses resulting from the crash of the Concorde near Paris last July, has officially launched a recovery action against Continental Airlines...

High Winds, Rain Lash U.K., France

Oct 30 2000 // In scenes reminiscent of last years deadly storms winds over 100 mph battered southern England Sunday night, downing trees and ripping the roofs off houses before moving across the channel to northern France with...

First Concorde Lawsuit Filed in U.S.

Oct 2 2000 // Lawyers for the family of one of the German victims of the Concorde crash outside Paris on July 25th have filed a lawsuit in Federal District Court in Miami Florida seeking damages from Air France and other companies...

Air France, Insurers Sue Continental

Sep 28 2000 // Air France and La Réunion Aérienne (LRA), the consortium of insurers that covered the Concorde, that crashed outside of Paris on July 25th, killing all aboard, have filed suit in a French Commercial Court against...

French Investigators Issue Preliminary Report on Concorde Crash

Sep 1 2000 // A preliminary report, issued by the Bureau Enquete Accidents (BEA) of the French Ministry of Transport, which is investigating the crash of an Air France Concorde on takeoff from Charles de Gaulle airport on July 25th,...

Air France Insurers Handling Concorde Claims

Aug 18 2000 // Air France representatives repeated the company’s promise to fully indemnify all the families of the victims of the Concorde which crashed on takeoff July 26th killing all 109 people on board and 4 on the...

Air France to Compensate All Concorde Victims

Aug 8 2000 // Air France will compensate relatives of all 113 victims of the Concorde crash, including those who were killed on the ground, Reuters news service reported. The airline’s Deputy Managing Director Philippe Calavia...