All the headlines from our France Topic Page, ordered by recency.
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...
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:...
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...
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...
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...
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...
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...
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...
Feb 28 2008 // France’s AXA Group reported strong results for 2007. The earnings release cited the growth in underlying earnings up 27 percent to €4.963 billion [$7.5 billion] (up 15 percent on a comparable basis). Adjusted...
Jan 31 2008 // International professional services firm Towers Perrin announced that it is expanding its reinsurance intermediary business to serve the French domestic market. It has appointed Serge Mussard as Managing Director of its...
Jan 14 2008 // Risk Management Solutions gave details of the recent analysis it conducted for a securitization of windstorm risk in France.The securities were issued through Green Valley Ltd., a special purpose vehicle (SPV), and provide...
Jan 9 2008 // Allstate Insurance Co. has agreed to pay $995,000 to a Brooklyn couple who claimed their house was badly damaged by vibrations caused by an Air France Concorde jet nearly five years ago.The couple, John and Annette...
Jan 8 2008 // Swiss Re announced that it has successfully structured and placed €200 million ($294 million) of securities covering windstorm events in France.The deal forms part of a three-year reinsurance agreement between Swiss Re...
Sep 20 2007 // Even though the U.S. has a team – The Eagles – in the finals of the Rugby World Cup, the event doesn’t exactly get the same press coverage as the Super Bowl or the World Series. Nonetheless for the 20...
Sep 7 2007 // Research and Markets has added “Snapshots France Insurance 2007” to their offering in its Snapdata series. It provides “2005 year-end market size data, with 2006 estimates, 4 years of historical data and...
Jul 25 2007 // Ill.-based Abbott Laboratories Inc. dropped a lawsuit against a French AIDS group on Monday over an alleged cyber-attack against the company’s Web site.The pharmaceutical and medical products maker filed the lawsuit...
Jul 9 2007 // SunGard (http://www.sungard.com) announced that it has acquired GTI Consultants (GTI), a specialist consultancy firm providing IT services to French financial institutions. GTI will become part of SunGard’s Cadextan...
Jun 12 2007 // Guy Carpenter & Company, the global risk and reinsurance specialist of the Marsh & McLennan Companies, has published a new study on the “Global Terror Insurance Market.” It contains information from...
Jun 11 2007 // Standard & Poor’s Ratings Services has assigned its ‘A-‘ long-term counterparty credit and insurer financial strength ratings to PARIS RE (France) and PARIS RE Switzerland Ltd. At the same time,...
May 18 2007 // Financial executives at the world’s largest companies expect the severity of their most prevalent business risks to remain constant or intensify through 2009, according to the “Managing Business Risk Through...