Latest France Headlines
All the headlines from our France Topic Page, ordered by recency.
Tragic Concorde Crash Could Wrack Up Losses for European Insurers
Aug 7 2000 // Insurers could pay out more than $320 million as a result of the July 25 Air France Concorde crash that killed 113 people, according to the Guardian, a U.K. newspaper. The supersonic jet went down just after taking off...
Air France Concorde Flights Still Grounded
Aug 2 2000 // Flights on Air France’s five Concorde jets will remain suspended, pending decisions on how to improve the safety of the plane following the July 25 Air France Concorde crash. The supersonic jet went down just after...
Tragic Concorde Crash Could Cost Insurers $350 Million
Jul 26 2000 // Insurers could face up to $350 million in claims from Tuesday’s Air France Concorde crash that claimed the lives of all 109 passengers and crew aboard. European companies are expected to foot most of the...
AGF Launches “OKassurance,” First French On-Line P/C Insurer
Jun 28 2000 // AGF’s announcement that it would launch an on-line p/c insurer, OKassurance, on July 3 validates the promise, made last March, to create France’s first such site The third largest French P/C insurer, which is...
S&P Affirms Ratings on AXA, Groupama, Royal & Sun
Jun 27 2000 // Standard & Poor’s recently made announcements affirming the credit ratings of the French and U.K. insurers as follows: AXA – The report on France’s AXA Group affirmed its extremely strong financial...
Bancassurance Model is Business as Usual in European Countries
Jun 12 2000 // The passage of the Gramm-Leach-Bliley Act marked a watershed in U.S. financial regulation, opening up the banking, insurance and securities sectors to cross-holdings and business combinations after almost 70 years of...
French Insurance Association Ups Storm Loss Estimates
May 31 2000 // Federation Francaise des Societes d’Assurance (FFSA) president Denis Kessler said yesterday that the loss estimates from last winter’s storms, Lothar and Martin, would top 45 billion francs ($6.4 billion)...
France Telecom Set To Acquire Orange
May 30 2000 // After protracted negotiations, France Telecom (FT) and Vodafone AirTouch have agreed to terms for the French telecommunications giant to acquire Orange Plc., the U.K.’s third largest mobile phone provider. Vodafone,...
France Running Out Of Cash
May 17 2000 // A strike by France’s armored car drivers has brought the cashless society a step closer to reality, albeit by default. Frenchmen depend heavily on the numerous ATMs which are located outside banks, post offices and...
Kaufmann & Broad (France) To Offer Banking, Insurance Services
May 15 2000 // International builder Kaufman & Broad’s French subsidiary has entered into agreements with Credit Agricole, France’s largest bank, and AGF, the French subsidiary of Allianz, to cooperate on lending and...
Film producer George Litto has sued French insurer AXA Re for revoking two insurance contracts that
May 15 2000 // article
France’s AGF Launches Policy Protection for “Accidents of Life”
Apr 26 2000 // AGF, the French subsidiary of Germany’s Allianz, announced it was offering an innovative new product to give individuals the opportunity to buy a policy “Garantie des Accidents de la Vie.” The policy...
French Commission Includes Insurers in Report
Apr 20 2000 // The French Commission, headed by former Minister Jean Matteoli, which was established in 1997 to investigate the wrongful confiscation of Jewish property under the Vichy regime during World War II, has issued its long...
French Commission Includes Insurers in Report
Apr 20 2000 // The French Commission, headed by former Minister Jean Matteoli, which was established in 1997 to investigate the wrongful confiscation of Jewish property under the Vichy regime during World War II, has issued its long...
French Insured Storm Losses Put at $4.4 Billion
Feb 2 2000 // Confirming previous estimates, the Federation Francaise de Societes d’Assurance reported Monday that over 3 million damage claims had been filed as a result of the storms which hit France at the end of December....
