Latest France Headlines
All the headlines from our France Topic Page, ordered by recency.
Best Affirms Allianz SE and Subsidiaries ‘A+’ Ratings
Mar 12 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa” of Germany’s Allianz Societas Europaea (Allianz SE) and its main...
France’s Winter Storm Klaus Property Losses Pegged at $1 Billion Euros
Feb 20 2009 // Catastrophe risk modeling firm AIR Worldwide has updated its insured loss estimates of property losses in France from winter storm Klaus to between 500 million and 1 billion Euros. These losses represent damage to...
Storms Hit France, UK, Switzerland
Feb 10 2009 // A storm swept across northern France on Tuesday, cutting off more than 600,000 homes from the power grid, while high winds and gales hit Britain and Switzerland. It was the second major storm to hit France in less than...
UPDATE: AIR Puts Insured French Storm Losses at $465 to $930 Million
Jan 28 2009 // Catastrophe risk modeling firm AIR Worldwide has given its preliminary estimates of insured losses in France from winter storm Klaus of between €350 million and €700 million ($465 to $930 million). AIR noted...
AIR Analyzes France/Spain Storm – ‘Worst in Ten Years’
Jan 27 2009 // Catastrophe risk modeling firm AIR Worldwide has begun analyzing the damages wrought by winter storm Klaus, which, AIR notes, “swept out of the Atlantic and across southern France and northern Spain Saturday, tearing...
Storm Batters SW France, Northern Spain, Causing 15 Deaths
Jan 26 2009 // The most violent cyclonic storm since 1999 roared across southwest France and Northern Spain over the weekend, causing the deaths of 15 people and inflicting heavy damages on infrastructure. Four children aged from nine to...
New York and French Regulators Sign Cooperation Agreement
Dec 3 2008 // The New York State Insurance Department has signed an agreement with its counterpart in France that calls for increased cooperation and consultation between the two regulatory bodies. The agreement is similar to agreements...
All Claims Are Local
Nov 30 2008 // Multinational Claims Require Knowledge of Culture, Currency and Legal Climate In today’s borderless global economy, claims can arise in just about any part of the world where a company does business. Even small and...
Le Pere Sybille – a Memory of the Great War
Nov 11 2008 // For the first time in 90 years no surviving French soldier from the First World War participated in today’s memorial services. The last “Poilus,” as soldiers who fought in the war are known in France,...
French Finance Minister Calls Lehman Bankruptcy a Major Mistake
Oct 8 2008 // Allowing Lehman Brothers to fail last month was a major mistake for the equilibrium of the global financial system, French Economy Minister Christine Lagarde said on Wednesday, adding that France would not abandon its...
Best Affirms, Withdraws Groupama Ratings
Sep 16 2008 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of France’s Groupama S.A. Best also affirmed the FSR of ‘A’...
Best Upgrades Allianz Global Specialty, Allianz France
Sep 15 2008 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and the issuer credit rating (ICR) to “aa” from “a+” of Allianz Global...
French Insurers Scor, CNP Post Higher Profits
Aug 27 2008 // French insurance companies Scor and CNP posted higher first-half earnings on Wednesday after managing to ride out the credit crisis in the global financial markets. Scor, the world’s fifth-biggest reinsurer, said...
Ratings Recap: Allianz (UK), Generali (France), Generali (Germany), BEST Re
Aug 21 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa” of UK-based Allianz Insurance plc (AZI) with a stable outlook. Best stated:...
3 Dead as Tornado Hits France
Aug 6 2008 // A fierce but short-lived tornado has left at least three people dead in northern France. Inhabitants of four regions are assessing the damage after the tornado collapsed some homes and uprooted trees along its path. The...
French Agriculture Minister: China, India Thwarted WTO Negotiations
Jul 31 2008 // France’s agriculture minister said Wednesday that “big emerging countries” were to blame for the collapse of World Trade Organization talks on opening up the global economy. The president of a leading...
Guermonprez Named CEO of Aon France
Jul 10 2008 // Aon Corp. has appointed Damien Guermonprez as chief executive officer of Aon France. He replaces Vincent Redier, who will continue to serve as executive chairman of Aon France, member of the executive board of Aon Risk...
French Govt. Reinsurer Gets Highest ‘A++’ Rating from Best
Jun 17 2008 // A.M. Best Co. has upgraded the financial strength rating to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit rating to “aa+” from “aa” of French government...
PartnerRe Makes Executive Changes in Global (Non-U.S.) Operations
Jun 2 2008 // Bermuda-based PartnerRe has announced the following executive changes in its Global (Non-U.S.) Operations: — Emmanuel Clarke has been named as Head of Specialty Lines, Global, effective Sept. 1, 2008. — He...
Sarkozy, Brown Pledge New Era of Cooperation
Mar 26 2008 // French President Nicolas Sarkozy and British Prime Minister Gordon Brown vowed to boost cooperation on the economy and immigration on Wednesday as Sarkozy began a visit aimed at improving awkward ties. Sarkozy, speaking of...
