All the headlines from our France Topic Page, ordered by recency.
May 6 2004 // A newly issued report from Standard & Poor’s concludes that “France’s mutual insurance sector remains healthy, but its long-term prosperity is being threatened by external competition and exposure...
Apr 15 2004 // SCOR has appointed Marcel Kahn as group chief financial officer. Kahn spent several years as an external auditor and chartered accountant before joining the AXA group in 1988 as group controller. From 1991 to 2001, he was...
Feb 6 2004 // Electricité de France (EDF), the government owned-electric utility, has joined the Bermuda-based mutual energy insurance group Oil Insurance Limited (OIL) effective Jan.31, 2004. The EDF, which supplies electricity,...
Feb 3 2004 // France’s AXA Group reported total revenues for 2003 of 71.628 billion euros ($89.18 billion) compared to 74.727 billion euros ($93 billion) in 2002. The company said the decrease reflected its decision to exit...
Jan 14 2004 // California-based Risk Management Solutions (RMS), a leading provider of products and services for the management of catastrophe risk, announced that it has performed the risk analysis for the Pylon Ltd. securitization...
Jan 5 2004 // A chartered Boeing 737 with 148 people on board crashed into the Red Sea shortly after taking off from the Egyptian resort of Sharm el-Sheik early Saturday morning. There were no survivors.The plane, operated by Egyptian...
Jan 2 2004 // The elevated terrorist threat levels decreed by the Homeland Security Department and the U.S. Transportation Security Administration, coupled with repeated warnings from the FBI, combined to disrupt trans-Atlantic air...
Dec 16 2003 // The French government and Credit Lyonnais (CL) have agreed to accept a settlement in the Executive Life case that will cost $770 million, but the deal excludes individuals named in the criminal case, currently pending in...
Dec 12 2003 // France’s SCOR Group has issued an announcement indicating that its securities are once again “back on the security lists of the main brokers.” The company also said that the recent flooding in Southern...
Dec 8 2003 // Despite the apparent deadlock in negotiations, French Finance Minister Francis Mer expressed continued hope that the parties in the Executive Life Affair could still reach an agreement.Interviewed on the radio station...
Dec 4 2003 // Torrential rains, which have been falling on Southern France for almost a week, have caused heavy flooding in the region, resulting in five reported deaths, bringing road and rail transport to a standstill and halting most...
Nov 17 2003 // Oct. 27 was supposed to be the “day of decision” for the French Government to sign (or not sign) an agreement, reached between the U.S. Attorney General’s (AG) Office in Los Angeles and representatives of...
Nov 3 2003 // Oct. 27 was supposed to be the “day of decision” for the French Government to sign (or not sign) the agreement, reached between the U.S. Attorney General’s (AG) Office in Los Angeles and representatives...
Nov 3 2003 // The second ever bi-annual conference of the Federation of European Risk Management Associations (FERMA), held Oct. 5 – 8 in Rome, Italy, featured presenters and workshops that highlighted both the similarities and...
Nov 3 2003 // The second ever bi-annual conference of the Federation of European Risk Management Associations (FERMA), held Oct. 5 – 8 in Rome, Italy, featured presenters and workshops that highlighted both the similarities and...
Oct 27 2003 // If anyone still harbored any doubts that the U.S. Attorney’s case against Credit Lyonnais (CL) and others involved in the takeover of Executive Life Insurance Corp. (ELIC) is highly politicized, they were dispelled...
Oct 16 2003 // Despite the strong statements from Congressman Doug Ose (See related article in today’s West section), the French government has rejected the settlement agreement in the Executive Life case against Credit Lyonnais...
Oct 9 2003 // ACE European Markets Insurance Limited (AEMI) announced the appointment of Stephen French to the position of branch manager of its London office. French will also retain his current responsibilities as property...
Oct 9 2003 // France’s ministry of Justice has rejected a request from the U.S. Attorney’s Office in L.A. to extradite four French businessmen, who have been charged with participating in Credit Lyonnais’ (CL) takeover...
Sep 22 2003 // Nothing apparently concentrates the corporate mind so effectively as being named in a criminal complaint. A week after a federal grand jury in Los Angeles issued a sealed indictment which reportedly accused it, and...