Latest France Headlines
All the headlines from our France Topic Page, ordered by recency.
Tackling Euro Zone Crisis is Top Priority for G8 Leaders
May 18 2012 // Leaders of major industrial economies meet this weekend to try to tackle a full-blown crisis in Europe where fears are growing that Greece could leave the euro zone bloc, threatening the future of the common...
Ratings Recap: Saturn, CCR, Arch (Pref. Shares)
Mar 29 2012 // A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Vermont-based Saturn Insurance Inc., and has assigned a...
Jenkins Names French VP of Construction and Real Estate
Mar 9 2012 // Concord, Calif.-based Jenkins Insurance Group named Peter French vice president in its construction and real estate practice. French’s primary focus will encompass commercial, civil and residential construction, as...
Best Assigns ‘A-‘ Ratings to Assurances Mutuelles de France
Feb 22 2012 // A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Assurances Mutuelles de France (AM), both with stable...
Best Assigns ‘A-‘ Ratings to Assurances Mutuelles de France
Feb 17 2012 // A.M. Best Europe – Rating Services Limited has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to Assurances Mutuelles de France, both with stable...
Moody’s Warns May Downgrade Global Banks, Cuts Ratings on Insurers
Feb 16 2012 // Moody’s warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global...
Torus Appoints Rousseau to Develop General Property in France
Feb 6 2012 // Global specialty insurer Torus has appointed Gilles Rousseau as Senior Underwriter, General Property. He is based in Paris and has more than 30 years of underwriting experience, as well as “extensive knowledge of the...
PIP Breast Implant Scandal Exposes Weaknesses in EU Safety Net
Feb 3 2012 // In June 2000, when American medical regulators posted a warning letter on the Internet about problems at a breast-implant maker in southern France, French authorities didn’t pay much attention. A U.S. Food and Drug...
French P/C Insurers’ Outlook Now Stable: Moody’s
Jan 31 2012 // In a new industry outlook published today, Moody’s Investors Service says that it has changed the outlook for the French property and casualty (P/C) sector to stable from negative, reflecting insurers’ smooth...
French Broker Gras Savoye Receives License to Operate in Georgia
Jan 10 2012 // France’s Gras Savoye, which is closely associated with Willis, announced that it has received a license to commence brokerage operations in Georgia (the country – not the state), as part of its initiative to expand...
AXA, Japan Post Top Best’s List of World’s Largest Insurers
Jan 4 2012 // France’s AXA S.A. has again topped the list of the world’s 25 largest insurance companies, based on premiums written, compiled by A.M. Best. The lists, which were compiled both on asset value and on net...
Breast Implant Scandal Shows Regulators in Dark on Tracking Risks
Dec 30 2011 // Long before the latest global breast implant scare, American health officials were toying with the idea of building a registry that would track patients with implants. The registry would give a better idea of the number of...
Financial, Legal Woes Dogged Breast Implant Company
Dec 27 2011 // Signs of legal problems and financial losses surrounding the French breast implant manufacturer at the heart of a scandal affecting hundreds of thousands of women worldwide can be traced back as far back as 2003,...
Storm Joachim Hits Northern Europe; AIR Sees No ‘Significant’ Losses
Dec 20 2011 // Catastrophe modeling firm AIR Worldwide, has reported on winter storm Joachim, which developed over the Atlantic and became a severe extra-tropical cyclone over Western Europe late last week. Central pressure went as low...
Best Places Ratings of Caisse Centrale de Reassurance on Review/Negative
Dec 15 2011 // A.M. Best Europe – Rating Services Limited has placed under review with negative implications the financial strength rating of ‘A++’ (Superior) and the issuer credit rating of “aa+” of...
Best Downgrades Allianz and Subs Issuer Credit Ratings; Affirms FSR
Dec 15 2011 // A.M. Best Europe – Rating Services Limited has reacted to the ongoing sovereign debt crisis in the euro zone, which it describes as “continued negative developments” with a number of rating actions, starting...
Italy, Southeast France Hit by Heavy Rains, Floods: AIR Analysis
Nov 15 2011 // Catastrophe modeling firm AIR Worldwide has issued a report on the heavy rains, which caused widespread flooding in France and Italy during the first week of November. The storms were caused by a “low pressure system...
Floods Hit France, Italy; UK Motorway Crash Leaves 7 Dead, 51 Injured
Nov 7 2011 // Continuing heavy rains have caused serious flooding in southern France and throughout Italy, with little letup in sight. In western England an horrendous crash on the M25 motorway in Somerset, involving 34 cars and trucks,...
France, Germany Give Greece Ultimatum on Euro
Nov 3 2011 // The leaders of Germany and France told Greece on Wednesday it would not receive another cent in European aid until it decides whether it wants to stay in the euro zone. They also made clear that saving the euro was...
Germany Rebuffs France on Euro Zone Solution; Insurance for Bonds an Option
Oct 21 2011 // France’s push to use more European Central Bank money to fight the euro zone debt crisis ran into strong resistance from Germany and other EU partners on Friday, leaving Paris increasingly isolated before a crucial...
