Latest France Headlines

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

Insured Losses from Europe’s Storm Eleanor/Burglind Estimated at $1.3B-$1.9B: AIR

Jan 12 2018 // Insured losses from winter Storm Eleanor/Burglind, which hit northern Europe on Jan. 3, will range between €1.1 billion ($1.3 billion) and €1.6 billion ($1.9 billion), according to estimates from catastrophe modeling...

Willis Towers Watson Places Cat Bond for France’s Covea Mutual

Dec 21 2017 // Willis Towers Watson Securities said it has structured and placed EUR 90 million of insurance-linked securities (ILS) for Covea Mutual Insurance Group, France’s largest domestic property/casualty insurance group.The...

Chubb Names French & Hill to Asia-Pacific Leadership Positions

Dec 14 2017 // Chubb announced two leadership appointments in the company’s Asia Pacific business.John French, currently country president for Australia and New Zealand, has been appointed to the position of senior vice president,...

World Leaders Aim to Breathe New Life into Paris Climate Pact; AXA Plans Initiatives

Dec 11 2017 // French President Emmanuel Macron this week will seek to breathe new life into the fight against global warming and sway debate away from skeptics of the process led by U.S. President Donald Trump.At a series of events in...

Judge Limits Key Testimony in Armstrong Lawsuit

Nov 30 2017 // A federal judge has set some limits on key evidence and testimony in Lance Armstrong’s upcoming $100 million civil trial, including harm inflicted on former team sponsor U.S. Postal Service and whether the government...

France’s AXA to Focus on M&A in 16 Countries; Eyes Sale of Some Non-Core Assets

Nov 14 2017 // French insurer AXA will narrow its acquisition focus to 16 key countries and could sell some assets in markets where it lacks scale, its executives said on Tuesday.“We want to focus on fewer countries. We want to...

AXA Simplifies Structure with 5 Geographies; New Management Committee Formed

Nov 14 2017 // AXA Group announced it is simplifying its operating model by creating five global geographies: France, Europe, the U.S., Asia, and International.In addition, it has created a single, refocused Corporate Center, which is...

French Startup Navya to Roll Out $290,000 ‘Robotaxi’ in Paris Within Weeks

Nov 8 2017 // Navya Technologies SAS will roll its robot-driven automobiles onto the cobbled streets of Paris in the next few weeks to try and beat behemoths from General Motors Co. to Alphabet Inc. at proving autonomous cars are...

Chubb Picks France for Post-Brexit European Headquarters If UK Exits EU

Sep 11 2017 // Chubb Limited intends to relocate its European Union headquarters to France if the United Kingdom leaves the EU as expected in March 2019.The insurer said the decision to choose France as Chubb’s preferred...

Bad Design, Poor Construction Blamed for California Dam Damage

Sep 7 2017 // Bad design and construction of the tallest U.S. dam a half-century ago and inadequate state and federal oversight since then led to a disastrous spillway collapse in February, an independent national team of dam safety...

European Egg Scandal Widens

Aug 14 2017 // The European Union said Friday [July 11] that it plans to hold an extraordinary meeting late next month over a growing tainted egg scandal as it revealed that products contaminated with an insecticide have now spread to 17...

French Firefighters Begin to Contain Wildfires

Jul 28 2017 // French authorities are close to containing one of the fiercest blazes to break out during four days of wildfires in the country’s southeast that have led to the evacuation of more than 12,000 people.The fires in...

Raging Wildfires on French Riviera Force Evacuation of 12,000 People

Jul 27 2017 // French authorities ordered the evacuation of up to 12,000 people around a picturesque hilltop town in the southern Cote d’Azur region as fires hopscotched around the Mediterranean coast for a third day Wednesday.A...

AXA to Provide Accident Cover for Uber Drivers in France

Jul 25 2017 // Uber and insurance group AXA have joined forces in France to offer accident cover for drivers who work for the ride hailing service after it faced criticism over their treatment.In France, as in other countries, Uber has...

French Telecom Groups Eye Moves into Online Banking – and Eventually Insurance

Jul 14 2017 // French billionaire Patrick Drahi plans to launch an online bank by spring 2019 across the euro zone countries where his telecoms group Altice operates, a source close to the matter said on Thursday.Mobile operators are...

Allianz Eyes Buying Remaining Stake in France’s Euler Hermes: Sources

Jun 8 2017 // Allianz SE is exploring a plan to take Euler Hermes Group private, buying the shares it doesn’t already own in the French trade-credit insurer, according to people familiar with the matter. Euler Hermes stock gained...

Generali Names AXA’s Granier as CEO of Generali France

May 15 2017 // Generali announced that Jean-Laurent Granier, 51, will join Generali Group as country manager for France and président directeur général (PDG) of Generali France with effect from June 1, 2017.Granier also will join the...

French Prosecutors Probe Peugeot Parent over Alleged Emissions Fraud

Apr 25 2017 // French prosecutors started a preliminary investigation of alleged fraud at PSA Group, the latest car manufacturer to be targeted over potential violations of emissions rules in the aftermath of Volkswagen AG’s...

French Regulator Links Sanofi Epilepsy Drug to Birth Defects

Apr 21 2017 // Up to 4,100 children in France suffered major malformations in the womb after their mothers took a treatment against epilepsy and bipolar disorders known as valproate between 1967 and 2016, France’s drug regulator...

Insured Losses for Europe’s Storm Zeus Estimated at US$200M: PERILS

Apr 13 2017 // The initial estimate of insured property market losses for extratropical cyclone Zeus, which mainly hit France on March 6-7, is €192 million (US$200 million), according to PERILS, the independent Zurich-based...