Latest France Headlines
All the headlines from our France Topic Page, ordered by recency.
Climate Change Blamed for Europe’s Latest Heatwave
Jul 26 2019 // Europe’s latest summer heatwave broke heat records just weeks after the continent had its hottest ever June, fueling concern that a shifting climate is triggering more extreme weather. Germany probably set a new...
Update: French Reinsurer SCOR Reports 62% Rise in Net Profit During 2nd Quarter
Jul 25 2019 // French reinsurer SCOR, which was the target of a failed takeover attempt last year, said its net profit for the second quarter rose 62% from the same period a year ago, helping the company meet financial targets it set...
Europe Faces Heatwave with London and Paris Expected to Break July Records
Jul 23 2019 // Europe is facing a second heatwave this summer, just weeks after the hottest June on record, intensifying concern over climate change and the rise in extreme weather events. Swathes of northwest Europe will struggle to...
French Bank Natixis Denies Reports of Takeover Talks for Credit Insurance Unit Coface
Jul 22 2019 // French bank Natixis said on Monday that it was not in talks over a possible takeover offer for Coface, the credit insurance subsidiary in which Natixis has a stake of around 41.7%. “Natixis states that, as previously...
Large French Companies Increasingly Are Targeted by Ransomware Attacks
Jul 12 2019 // Large companies in France are increasingly the targets of cyber attackers who lock up data and demand a ransom, but often refrain from reporting the assaults for fear of hurting their image, according to the French...
Economic Costs of European Weather Events in June Top $2B: Aon Report
Jul 11 2019 // Severe European storms during June had an economic price tag of US$2 billion, while insurers anticipated claims topping $1.5 billion, according to the latest edition of Aon’s monthly Global Catastrophe Recap...
French Utility EDF Prepares Its Nuclear Reactors for Climate Change
Jul 11 2019 // Electricite de France SA is preparing its nuclear power facilities to operate in more severe heatwaves in the coming decades as a changing climate may interfere with key electrical equipment. The utility, which produces...
MS Amlin Appoints Perottino from HDI as Country Manager for France
Jul 1 2019 // MS Amlin, the specialist global re/insurer, announced it has appointed Véronique Perottino as country manager for France. Perottino will join the business beginning of September reporting to Rudy Benmeridja, CEO of MS...
Blast of Hot Air from Sahara Triggers Record Heatwave Across Europe
Jun 28 2019 // Europeans fought to stay cool as a blast of hot air from the Sahara desert sent temperatures to records in large parts of the continent and whipped up concern about climate change. Germany imposed speed restrictions on...
Cavignac & Associates in California Names French Employee Benefits Account Administrator
Jun 28 2019 // San Diego, Calif.-based Cavignac & Associates has added Denise French to its employee benefits team as an account administrator for special projects. French serves as the primary customer service person for enrolled...
Ex-AIG Employees, Seeking Back-Bonuses of $100M, Win British Court Ruling
Jun 26 2019 // A group of former traders and managers at American International Group Inc. won a London judge’s backing in their battle to obtain $100 million dating back to the financial crisis, after he said that the insurance...
2 Ex-AIG Employees Win $10M in France, Ahead of Separate $100M Bonus Case in UK
Jun 21 2019 // Two former American International Group Inc. employees won awards totaling about $10 million after French judges chastised the insurance giant for trying to block the payment of bonuses they’d already earned to cover...
BHSI Gets French Insurance License, Names d’Huart from AXA XL as Country Manager
Jun 11 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has received its insurance license in France, established a new office in Paris, and appointed François-Xavier d’Huart as country manager. Beginning...
Applied Systems Names Rhodes New CEO as French Steps Down
Jun 3 2019 // Reid French has stepped down as CEO of the insurance agency technology firm Applied Systems, and cloud technology executive Taylor Rhodes has joined as Applied’s new chief executive officer. French, who served as CEO...
Boeing Sued by French Widow in U.S. for $276 Million Over Ethiopian Crash
May 22 2019 // A French woman whose husband died in the crash of a Boeing 737 MAX airliner in Ethiopia has filed a U.S. lawsuit against the planemaker, seeking at least $276 million in damages. The crash of Ethiopian Airlines flight 302...
French Press Maker Denies Defect, Sues Starbucks for Product Disparagement
May 15 2019 // Bodum Holding AG sued Starbucks Corp. on Friday for alleged product disparagement in connection with the coffee company’s recent U.S. and Canadian recall of 263,200 co-branded French presses made from recycled...
Whistleblowers Trigger French Probe into Potential Nuclear Safety Fraud
May 15 2019 // French nuclear regulator ASN said it had launched an investigation into elements of fraud and falsification regarding nuclear safety, after receiving several warnings from whistleblowers. Last November, the ASN launched a...
G7 Countries Will Simulate Major Cross-Border Cyber Attack on Financial Sector
May 13 2019 // Leading Western industrial powers will for the first time jointly simulate a major cross-border cyber-security attack on the financial sector next month, French officials said on Friday. The exercise, organized by the...
Warning: Cyber Will Soon Cost Insurers More Than Natural Disasters
May 12 2019 // Cyber risks will soon become bigger risks than natural catastrophes for the insurance sector, Scor Chairman and Chief Executive Officer Denis Kessler said, recommending the industry build a comprehensive, common global...
Ex-Executives at French Telecoms Group Orange on Trial over Wave of Staff Suicides
May 6 2019 // Former bosses at leading French telecoms group Orange were due to go on trial on Monday over a series of suicides at the company in the late 2000s – a traumatic episode that shocked the nation and raised questions...
