Latest France Headlines
All the headlines from our France Topic Page, ordered by recency.
Macif Seen as Favorite to Buy $3.6B Aviva France; Talks to Sell Italian Unit Advance
Feb 16 2021 // Aviva Plc, the British insurer, is in advanced talks on a sale of its Italian operations as it pushes ahead with about 6 billion euros ($7.3 billion) of divestments, people with knowledge said. The U.K. company is in...
French to Serve as Director of Ohio Insurance Department
Feb 3 2021 // Former Ohio Supreme Court justice Judith L. French has been appointed as the next director of the Ohio Department of Insurance, Interim Director Tynesia Dorsey announced. French’s appointment is effective Feb. 8. In...
French Car Rental Firm’s Credit Insurance Woes Send Warning to Speculators
Jan 21 2021 // A failed attempt to settle debt insurance on a struggling French car-rental company is the latest blow to the $9 trillion market in credit derivatives, but this time the focus is on speculators. Protection buyers who...
Lemonade Launches in France in Its Third European Country
Dec 9 2020 // Lemonade, the New York City-based insurance company powered by artificial intelligence and behavioral economics, has launched in France. The launch marks the third EU country Lemonade has entered, following the...
France Vows to Help Farmers Who Stop Using Glyphosate Weedkiller
Dec 8 2020 // France will give financial aid to farmers who agree to halt use of glyphosate, the farm ministry said on Monday after President Macron said he had failed with efforts to ban use of the weedkiller by 2021. Glyphosate, first...
Aviva in Talks to Sell Units in France, Poland and Italy, CEO Confirms
Nov 30 2020 // Aviva Plc Chief Executive Officer Amanda Blanc confirmed the company was in talks to sell units in France, Poland and Italy as part of her overhaul of the insurance giant. The company is still in the “early stages...
Europeans Buy Older Cars to Avoid Public Transport During Pandemic
Nov 30 2020 // LONDON/MADRID – Want a cheap used car to nip around town without running the gauntlet of coronavirus on public transport? Welcome to Pandemic Motors, we have just what you need. Across Europe, people are snapping up old...
Bayer’s Monsanto Loses Final Appeal in French Farmer’s 2004 Weedkiller Accident
Oct 23 2020 // Bayer’s Monsanto division on Wednesday [Oct. 21] lost a final appeal in a long-running French legal battle in which the crop chemical maker has been held liable for the accidental inhalation of a weedkiller by a crop...
France Plans €20 Billion in State-Backed Loans to Avoid Small Firm Failures
Oct 16 2020 // France plans to raise 20 billion euros ($23 billion) in quasi-equity loans for small firms hit by the coronavirus crisis by offering investors a state guarantee against the first 2 billion euros in losses, officials...
France Urges Parts Review After Airbus A380 Engine Blowout Caused by Metal Fatigue
Oct 1 2020 // French investigators have called for a review of the design and maintenance of titanium alloy engine parts to ensure they guard against the risks of metal fatigue following an engine blowout on an Airbus A380 exactly three...
Berkshire Hathaway Specialty Taps AIG’s Hamon, Batchili for Executive Team in France
Sep 22 2020 // Berkshire Hathaway Specialty Insurance (BHSI) is entering the executive and professional insurance lines market in France and has appointed Olivier Hamon as head of Financial Institutions and Management Liabilities and...
Sompo International’s AgriSompo, Invivo Group to Offer Crop Insurance in France
Sep 8 2020 // The global agriculture platform of Sompo International Holdings, AgriSompo, has entered into a strategic broking relationship with InVivo Group, a national union of 201 member cooperatives representing more than half of...
France Weighs Insurance Options to Protect Companies, Jobs from Future Pandemics
Jul 21 2020 // The French government is looking at ways to shield companies from the impact of future pandemics. The goal is to protect companies and jobs from the damage that major events such as pandemics can cause, Finance Minister...
Aviation Broker Piiq Risk Partners Receives License to Operate in France
Jul 20 2020 // Piiq Risk Partners, the global aerospace re/insurance broker, announces that it has received regulatory approval to operate in France. Piiq’s French operation will act as a base for expanding its services across the...
BHSI Launches Environmental Impairment Liability Insurance in France
Jun 8 2020 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced Environmental Impairment Liability (EIL) Insurance in France. The new policy pairs coverage for multiple environmental risks with technical and legal support to...
French Insurer AXA Plans to Cut Dividend by 50% on COVID-19 Impact
Jun 3 2020 // French insurer AXA plans to cut its dividend to 0.73 euros per share from a planned payout of 1.43 euros, the firm said on Wednesday, in order to preserve cash amid the coronavirus pandemic. AXA added that it could...
French Court Orders AXA to Pay Restaurant’s COVID-19 Business Interruption Losses; AXA Vows to Appeal
May 22 2020 // A Paris court ruled that insurer AXA must pay a restaurant owner two months’ worth of coronavirus-related revenue losses, the restaurateur’s lawyer said on Friday, potentially opening the door to a wave of...
Report: Financial Community Sees Climate Risk as Improperly Priced
May 21 2020 // Climate risk is widely seen in the financial community as being improperly priced. A recent survey with an emphasis on the financial sector shows the overwhelming majority of respondents think that climate risk has only...
Amazon’s French Warehouses to Reopen After Ending Virus Safety Dispute with Workers
May 18 2020 // Amazon’s French warehouses are set to reopen on Tuesday with about 30% of employees, three union officials said, ending a month-long dispute over whether the e-commerce giant was doing enough to protect workers from...
Ed Broking Launches E-Trading Platform Called ‘TradEd’ in Bermuda
May 18 2020 // Ed Broking, the London-based reinsurance, wholesale and specialty broker, announced the external launch of its TradEd portals for carriers and clients in Bermuda. TradEd, the e-trading platform that is used in-house by BGC...
