Latest France Headlines

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

French Reinsurer SCOR Spurns $9.6B Acquisition Offer from Insurer Covea

Sep 4 2018 // French reinsurer SCOR SE spurned an 8.3-billion-euro ($9.6 billion) unsolicited takeover offer from its biggest shareholder, Covea, which said it’s still interested in pursuing a deal. SCOR shares climbed the most in...

French Insurer CNP Declines to Comment About Merger Speculation

Jul 30 2018 // French insurer CNP, which has been the subject of merger speculation, reiterated its annual earnings growth targets as it posted higher interim net profits.CNP’s first-half net profits rose 2.3 percent to 672 million...

Chubb Takes New Steps in Its Brexit Preparations to Redomicile to France

Jul 27 2018 // Chubb European Group announced it has achieved an important regulatory step in its Brexit preparations to redomicile its businesses to France.This provides Chubb’s customers “with continuous, uninterrupted...

Willis Towers Watson Strengthens Facultative Reinsurance Team in France

Jul 25 2018 // Willis Towers Watson announced it has reinforced its existing facultative reinsurance business in France by strengthening and growing its Paris-based team.The global advisory, broking, and solutions company has...

Did Big Data Enable Lloyd’s to Predict France’s World Cup Win? Well, Maybe…

Jul 16 2018 // Ahead of the recent World Cup in Russia, Lloyd’s of London predicted that France would be victorious. And victorious they were – with a 4-2 win against Croatia on Sunday.Interestingly, Lloyd’s also predicted...

Lloyd’s Uses Insurable Value Data to Predict France Will Win 2018 World Cup

Jun 12 2018 // Analyzing the collective insurable value of soccer players, Lloyd’s of London* predicts that France will be the winner of the 2018 World Cup, which will be held in Russia from June 14 to July 15, 2018. The research,...

How Carmakers Raise Prices for Spare Parts Based on ‘Perceived Value’: Reuters

Jun 3 2018 // Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over $1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software...

France’s Bordeaux, Cognac Wine Regions Damaged by Violent Hail Storms

May 28 2018 // Violent hailstorms ravaged parts of the Bordeaux and Cognac wine regions of southwest France on Saturday, doing major damage to hundreds of vineyards with thousands of hectares of vines destroyed, producers said on...

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 triggered...

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...