All the headlines from our France Topic Page, ordered by recency.
Mar 31 2005 // A new U.S. government report indicates that the private U.S. insurance industry would be placed under enormous strain without government intervention if there were a major terrorist or catastrophic event or series of...
Mar 18 2005 // Aeroports de Paris (ADP), the authority that owns and operates both the Charles de Gaulle airport and Orly airport in the French capital, has determined that the entire roof structure of Terminal 2E must be torn down and...
Feb 16 2005 // Both structural and design faults caused a large section of the newly constructed Terminal 2E at Paris’ Charles de Gaulle airport to collapse last May, killing 4 people and injuring 3.An investigative commission...
Jan 21 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) and assigned an issuer credit rating of “aa-” to Italy’s largest insurer Assicurazioni Generali...
Jan 17 2005 // The U.K., France and other European countries whose citizens lost their lives, or are still missing, in the aftermath of the Indian Ocean tsunamis, are considering ways to amend their laws governing when a missing person...
Nov 18 2004 // GE Insurance Solutions has announced the addition of expertise to its Property Insurance & Services, Global Asset Protection business unit.Field Operations Leader Tim Heinze said the unit has had a “great...
Oct 26 2004 // A French administrative court under the jurisdiction of the national health service has ordered the owners of an abandoned asbestos mine in Corsica to pay compensation to 13 former miners and their families as a result of...
Aug 16 2004 // AGF, the French subsidiary of Germany’s Allianz Group, announced record first half net income of 532 million euros ($660 million), and annualized return on equity of 16.3 percent.“The AGF Group is in line with...
Aug 12 2004 // Standard & Poor’s Ratings announced that it has raised its long-term counterparty credit and insurer financial strength ratings on non-life French insurer Aviva Assurances S.A. to ‘AA-‘ from...
Jun 28 2004 // France’s SCOR Group announced that it would offer 180 million euros ($218 million) worth of 4.125 percent unsecured convertible bonds within the French market.SCOR’s bulletin stressed that no offering of the...
Jun 10 2004 // French reinsurer SCOR announced that the following persons have been named to the SCOR VIE Executive Committee at a meeting of its Board of Directors, chaired by CEO Denis Kessler:— Romain Durand, Chief Executive...
Jun 1 2004 // A portion of the newly constructed Terminal 2E at Paris’ Charles de Gaulle airport collapsed on Sunday May 23, killing four people, and sending shock waves throughout France. Over a week later the cause of the...
May 24 2004 // A.M. Best Co. announced that it has upgraded the financial strength rating to “A+” (Superior) from “A” (Excellent) of France’s Caisse Centrale de Reassurance (CCR), and has revised its outlook...
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...