France News

EU Leaders Fiddle while Europe Burns

One would have thought that the crisis in the European Union, provoked when French and Dutch voters rejected the proposed EU Constitution, might have caused a bit of soul-searching and reassessment on the part of Europe’s leaders. One would be …

R&M Issues New Report on Competition for U.K. SME Business

Dublin-based Research and Markets announced the addition of “Targeting SMEs in UK General Insurance 2005” to their offering. R&M said the report “provides an insight into the potential for commercial insurers selling to small and medium-sized businesses. It amalgamates two …

German Financial Leaders Present Integration Proposals to EU MP’s

Even though the European Union’s further political integration may have come unstuck with the rejection of the proposed European Consitution by voters in France and the Netherlands (See IJ Website May 30 and June 2), the leaders of some Germany’s …

Euro Turmoil No Bar to Acquisitions; AEGON to Acquire Nationwide Poland

Ever since the French and the Dutch rejected the proposed European Constitution (See IJ Web site May 30 and June 2), the common currency, the euro, shared by 12 EU member nations, has been having difficulties. It has declined by …

Voters’ Revenge Part II – Dutch Also Reject EU Constitution

Voters in the Netherlands have overwhelmingly rejected the proposed EU Constitution. Nearly 62 percent of them (participation was around 62.8 percent of eligible voters) expressed their disapproval of the lengthy document. The Dutch rejection comes four days after French voters …

The Revenge of the Voters – France Rejects EU Constitution

Seventy percent of the eligible voters in France expressed their opinion on Sunday, May 29 – a turnout not seen in any recent election. Fifty-five percent of them voted a resounding ‘NO’ to the proposed European Union Constitution – an …

S&P Raises Euler Hermes Ratings to ‘AA-‘ w/ Negative Outlook

Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on the Core operating subsidiaries of the French credit insurance group Euler Hermes (EH) to “AA-” from “A+.” S&P also raised …

Conference Told Whisky Can Protect Against Cancer

The French may have their red wine, but Scottish single malt whisky could be an even more powerful anti-cancer agent. According to a report from Agence France Presse (AFP) a research study presented at the EuroMedLab 2005 conference, currently being …

A Final Tribute to Tom Johnson

The Florida Association of Insurance Agents announced Tom Johnson, its executive vice president from 1948 to 1986 died on April 8. Johnson passed away in his sleep with his family and a few close friends at his bedside. Johnson, who …

Munich Re, Converium Receive U.S. Subpoenas

Munich Re, the world’s largest reinsurer, and Swiss reinsurer Converium have received subpoenas from the Securities Exchange Commission and New York State Attorney General Eliot Spitzer as part of the ongoing investigation into accounting practices at US bond insurer MBIA. …