Latest France Headlines
All the headlines from our France Topic Page, ordered by recency.
Brexit Day Is Finally Here; Now the Hard Part Begins: Opinion
Jan 30 2020 // London and Brussels are two hours apart by train but on Friday, the day the U.K. officially leaves the European Union, the two cities will feel worlds apart. The Brits are planning a Brexit celebration worthy of a...
Oil Giant Total Sued by 14 French Cities, NGOs over Failure to Cut Carbon Emissions
Jan 28 2020 // Oil giant Total SA is being sued by 14 local governments and a handful of non-governmental organizations in France for not doing enough to reduce its carbon emissions and fight global warming. The legal challenge is the...
J.C. Flowers Considers Sale of Its French Loan Insurance Broker CEP
Jan 23 2020 // J.C. Flowers & Co, the U.S. investment and financial services-focused private equity firm, is reviving plans for a potential sale of its French loan insurance broker Financiere CEP, according to people familiar with...
Chubb Names Côté as Head of Major Accts, Europe; Brionne as France Country President
Jan 16 2020 // Chubb announced a series of changes to its European leadership team: a new head of Major Accounts for Europe; a new country president for France and a new director of Accident & Health Continental Europe. Nadia Côté...
BGC Insurance’s Aerospace Broker Rebrands as ‘Piiq Risk’ with Spate of Key Hires
Jan 7 2020 // BGC Insurance Group (BGCI), a global broker and division of BGC Partners Inc., announced it has rebranded its global aerospace re/insurance brokerage as Piiq Risk Partners. Since the division was launched during the second...
Moody’s Sees Low Interest Rates Hurting French P/C Insurers’ Profits in 2020
Dec 12 2019 // The 2020 outlook for the French insurance sector is negative, reflecting growing pressures on the property/casualty insurers’ profitability from low interest rates, Moody’s Investors Service said in a report....
France to Require Insurers, Banks to Run Climate Change Stress Tests in 2020
Dec 2 2019 // France’s financial regulator will subject banks and insurers to climate change stress tests next year, central bank governor Francois Villeroy de Galhau said on Friday. Investors are increasingly putting pressure on...
Willis Re Securities Completes €120 Million Catastrophe Bond for France’s Covéa Mutual
Nov 19 2019 // Willis Re Securities reports it has structured and placed EUR 120 million of insurance-linked securities (ILS) to provide reinsurance capacity for Covéa Mutual Insurance Group, France’s largest domestic...
French Search Teams Find Fragments of Airbus Engine that Exploded in Flight
Nov 7 2019 // French volunteer search teams have found fragments from an engine that exploded in mid-air over eastern France in July, officials said on Wednesday. The discovery came in an unprecedented search operation involving 150...
BHSI Forms Construction, Casualty Teams in France, Led by AXA XL’s Antiphon, Bonifay
Oct 29 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has commenced underwriting casualty and construction insurance in France and filled two key in-country leadership posts, naming Olivier Antiphon as head of...
Tokio Marine HCC Expands Surety Team in France with 2 Hires from Zurich Insurance
Oct 8 2019 // Tokio Marine HCC announced the appointment of Jennifer Metcalfe as senior surety underwriter – France, effective Sept. 16. She reports to Aymeric Vinet Desrues, head of Surety – France, who was appointed in...
Buffett-Owned Chemical Firm Lubrizol Faces Lawsuits After Fire in Rouen, France
Oct 2 2019 // More than 5,250 tonnes of chemicals, oil and fuel additives have burned in a massive fire at U.S. specialty chemical firm Lubrizol in Rouen, France, last week, the local prefecture said in a statement on Tuesday. Following...
Hackers Target Airbus via Computer Systems of Suppliers, Contractors
Sep 26 2019 // Airbus SE said it has taken steps to shield itself from cyber attacks targeting the European aerospace and defense company through subcontractors’ computer systems. The maker of passenger planes and military jets is...
France’s CNP Assurances Reaches Bancassurance Deal with Brazil’s Caixa Worth $1.7B
Sep 20 2019 // France’s CNP Assurances SA has reached a deal worth 7 billion reais ($1.7 billion) with Caixa Economica Federal to sell insurance in the bank’s more than 3,000 branches, the Brazilian state-owned lender said on...
BHSI Taps Executives from AIG and AXA XL as Claims & Product Line Leaders in France
Sep 19 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its leadership team in France, naming Katell Pouliquen as head of Claims, Louis du Ché as head of Property and Ludovic Ruiller as head of...
Liberty Specialty Markets Taps Brodu from AIG as Head of Financial Lines, France
Aug 29 2019 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, announced the appointment of Antoine Brodu as head of Financial Lines, France, with immediate effect. Brodu joins LSM from AIG France, where he spent...
Prospect of Brexit Deal Is ‘Touch and Go,’ Acknowledges PM Johnson
Aug 26 2019 // U.K. Prime Minister Boris Johnson acknowledged Sunday that the prospect of a Brexit deal was “touch and go,” as other European Union capitals grasp the problems Britain has with the withdrawal...
Airbus A380s to Undergo Safety Checks After Air France Crash Probe Finds Part
Aug 22 2019 // Investigators probing an engine explosion on an Air France A380 in 2017 are studying a possible manufacturing flaw in a recently salvaged cracked part in a move likely to trigger urgent checks on dozens of Airbus...
Europe’s Heatwave Was Even Hotter with Impact of Climate Change: Research
Aug 6 2019 // Heat scorched Western Europe this July in what will likely be confirmed as the hottest month in recorded history, according to the UN’s World Meteorological Organization. “This is not your grandfather’s...
Parametric Insurance Cover Provides French Farmers with Drought Relief
Aug 2 2019 // Hundreds of French farmers who signed up for specialist policies aimed at insuring against freak weather are getting swift payouts which could help them recover from heatwaves and prolonged droughts that hit parts of the...
