Latest France Headlines
All the headlines from our France Topic Page, ordered by recency.
Chubb European Group Completes Redomicile to France in Preparation for Brexit
Jan 2 2019 // Chubb European Group announced it has redomiciled its businesses from London to France, effective Jan. 1, consistent with its previously announced Brexit preparations. The move, which was approved by regulators in July...
AnaCap Equity Firm to Sell French Broker AssurOne Group
Dec 14 2018 // AnaCap Financial Partners, a private equity firm, has agreed to sell French insurance broker AssurOne Group to Societe Centrale Prevoir SA, an asset management firm based in Paris. AOG specialises in online distribution...
Swiss Re Corporate Solutions Appoints Tardif as Head Aviation Canada
Nov 15 2018 // Swiss Re Corporate Solutions has appointed Simon Tardif as head Aviation Canada, effective Oct. 29, 2018. In this role, Tardif will be responsible for the growth and strategy of the aviation team across Canada. He has...
Crashed Lion Air Boeing Jet Previously Had Problems with Altitude, Speed Sensors
Nov 2 2018 // The Lion Air jet that crashed into the Java Sea off Indonesia earlier this week had experienced problems with the sensors used to calculate altitude and speed on its previous flight, an issue that could help explain why...
French Insurer April Attracts Interest From Private Equity Firms CVC, KKR
Oct 24 2018 // French insurer April SA has drawn takeover interest from private equity firms including CVC Capital Partners, KKR & Co. and BC Partners as it weighs a sale amid a wave of industry consolidation, according to people...
Flash Floods Tear Through Towns in SW France, Killing at Least 7 People
Oct 16 2018 // Flash floods tore through towns in southwest France, turning streams into raging torrents that authorities said killed at least seven people and seriously injured five others. Some people had to be helicoptered to safety...
French Broker Verlingue Triples Its Size in UK Market with Acquisition of ICB Group
Sep 4 2018 // Specialist corporate insurance broker Verlingue announced it has acquired independent UK broker ICB Group. Financial details of the deal were not released. With the acquisition of Egham, England-based ICB, Verlingue...
French Reinsurer SCOR Spurns $9.6B Acquisition Offer from Insurer Covea
Sep 4 2018 // French reinsurer SCOR SE spurned an 8.3-billion-euro ($9.6 billion) unsolicited takeover offer from its biggest shareholder, Covea, which said it’s still interested in pursuing a deal. SCOR shares climbed the most in...
French Insurer CNP Declines to Comment About Merger Speculation
Jul 30 2018 // French insurer CNP, which has been the subject of merger speculation, reiterated its annual earnings growth targets as it posted higher interim net profits. CNP’s first-half net profits rose 2.3 percent to 672...
Chubb Takes New Steps in Its Brexit Preparations to Redomicile to France
Jul 27 2018 // Chubb European Group announced it has achieved an important regulatory step in its Brexit preparations to redomicile its businesses to France. This provides Chubb’s customers “with continuous, uninterrupted...
Willis Towers Watson Strengthens Facultative Reinsurance Team in France
Jul 25 2018 // Willis Towers Watson announced it has reinforced its existing facultative reinsurance business in France by strengthening and growing its Paris-based team. The global advisory, broking, and solutions company has...
Did Big Data Enable Lloyd’s to Predict France’s World Cup Win? Well, Maybe…
Jul 16 2018 // Ahead of the recent World Cup in Russia, Lloyd’s of London predicted that France would be victorious. And victorious they were – with a 4-2 win against Croatia on Sunday. Interestingly, Lloyd’s also predicted...
Lloyd’s Uses Insurable Value Data to Predict France Will Win 2018 World Cup
Jun 12 2018 // Lloyd’s World Cup Group Infographic Analyzing the collective insurable value of soccer players, Lloyd’s of London* predicts that France will be the winner of the 2018 World Cup, which will be held in Russia...
How Carmakers Raise Prices for Spare Parts Based on ‘Perceived Value’: Reuters
Jun 3 2018 // Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over $1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software...
France’s Bordeaux, Cognac Wine Regions Damaged by Violent Hail Storms
May 28 2018 // Violent hailstorms ravaged parts of the Bordeaux and Cognac wine regions of southwest France on Saturday, doing major damage to hundreds of vineyards with thousands of hectares of vines destroyed, producers said on...
CNA Hardy Names Leroy as French Country Manager
May 21 2018 // CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, is has appointed Delphine Leroy as country manager for France. Reporting to Stuart Middleton, CEO Continental...
Best Countries to Locate a Business in Age of Cyber, Storms, Fires and Political Risk
May 16 2018 // The risk of cyber attack, once overhyped, now threatens businesses’ very existence. Its severity varies significantly with geography: For example, inherent cyber risk has climbed in France over the past year while...
UK, France, Germany Huddle on Iran Oil Tanker Insurance
May 15 2018 // If European powers are to succeed in holding together a nuclear deal with Iran that the U.S. abandoned a week ago, then one issue they’ll need to consider is the insurance of oil tankers hauling the Persian Gulf...
Lance Armstrong, US Government Settle Lawsuit for $5M
Apr 23 2018 // Lance Armstrong reached a $5 million settlement with the federal government in a whistleblower lawsuit that could have sought $100 million in damages from the cyclist who was stripped of his record seven Tour de France...
Sanofi Executive, Fired in France for Sexting, Sues for $1.5 Million
Mar 7 2018 // First he sent lewd texts. Then he got fired. Then he sued. The case of an alleged sex pest at drug giant Sanofi is the latest example of how France is confronting age-old attitudes toward the kind of behavior that...
