Latest France Headlines
All the headlines from our France Topic Page, ordered by recency.
EU Faces a Battle in Achieving Closer Economic Union
May 21 2010 // Agreeing on a $1 trillion safety net may prove the easy part of saving the euro now the European Union’s leaders are turning to the divisive issue of tightening economic policy coordination. The European Commission...
Searchers Locate Area of ‘Black Boxes’ from Air France Flight 447 Crash
May 6 2010 // The location of black box recorders from a 2009 Air France crash that killed 228 people has been sharply narrowed down in the Atlantic Ocean, the French air accident investigation authority said on Thursday. France’s...
Relatives of Air France Crash Victims Sue in U.S.
Mar 30 2010 // Relatives of passengers killed in an Air France crash off Brazil have filed nearly two dozen wrongful death lawsuits in Miami against Airbus, alleging that aircraft maker’s A330 crashed because of flaws in the plane...
SCOR’s Preliminary Quake, Storm Loss Estimates Around $130 Million
Mar 18 2010 // French reinsurer SCOR Group announced that based on preliminary estimates, it expects its related costs from the earthquake in Chile and Windstorm Xynthia to be approximately €95 million ($130 million) net pre-tax,...
AIR Estimates Windstorm Xynthia Insured Losses at $2 to $4.1 Billion
Mar 3 2010 // Catastrophe risk modeling firm AIR Worldwide has estimated that insured losses in France, Belgium, Germany, and Netherlands from winter storm Xynthia will be between €1.5 billion and €3 billion [$2 to $4.1...
Windstorm Xynthia Leaves a Trail of Destruction; RMS Analysis
Mar 2 2010 // Windstorm Xynthia, which swept across Western Europe on Saturday and Sunday, [See IJ web site – https://www.insurancejournal.com/news/international/2010/03/01/107736.htm] left a lot of damage in its wake. The storm...
Celent Releases Report on French Insurance Industry
Feb 26 2010 // Boston-based consulting firm Celent (a part of Oliver Wyman) has been assessing the “subtle but important differences in how insurers from various countries” respond to the issues facing the industry. It has...
Ratings Recap: Generali (France), Tokio Marine Pacific, swisspartners
Feb 25 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Generali Vie and Generali IARD. Best also affirmed the ICR of “a-”...
Cat 4 Tropical Cyclone Oli Strikes French Polynesia; RMS Analysis
Feb 4 2010 // At Noon local time the Joint Typhoon Warning Center (JTWC), estimated that Tropical Storm Oli’s maximum sustained winds had reached approximately 130 mph (210 km/h), which would classify it as a category four...
Concorde Trial Starts in France 10 Years after Crash
Feb 2 2010 // Continental Airlines and five men went on trial on Tuesday for their alleged role in the crash of an Air France Concorde that killed 113 people in 2000 and brought an end to an era of luxury supersonic travel. The...
U.S. Treasury Investigator Says French Regulator Was Open to AIG Talks
Jan 27 2010 // An overseer for the U.S. bailout program said Tuesday that France’s banking regulator was open to further negotiations over possible concessions on payments from bailed out insurer AIG, according to prepared...
‘Fog in Channel’ – The Disconnect between England and France
Dec 4 2009 // The rest of that phrase, from a long ago Times headline, reads “- Continent Cut Off.” It succinctly summarizes the past, present and probably future state of relations between two of Europe’s oldest...
France Tries to Calm Britain’s Angst over Regulation Threats
Dec 3 2009 // France tried to reassure Britain on Thursday that its push for tougher financial regulation in the European Union would not undermine the City of London, saying new rules would not hurt anyone system in...
De La Rochefoucauld to Head Lloyd’s French Office
Nov 23 2009 // Lloyd’s announced the appointment of Guy-Antoine De La Rochefoucauld as the new Country Manager for its French office, effective the 7th of December. The bulletin noted that he “has over 25 years experience in...
Armistice Day Commemorations in Europe Promise ‘Never Again’
Nov 11 2009 // The ceremonies commemorating the end of the First World War, 91 years ago today, took on a special significance this time. They are remarkably uniform throughout Europe. Each of the nations involved in that murderous...
France’s AXA Eyes Asia Growth with Takeover Bid
Nov 9 2009 // AXA Asia Pacific rejected a $10.3 billion bid from parent AXA SA and Australian rival AMP Ltd on Monday, an initial hurdle for the French insurer’s bold ambitions to expand in Asia. AXA SA, Europe’s...
Best Affirms Allianz Global Corporate and Specialty ‘A+’ Ratings
Oct 27 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa” of Germany’s Allianz Global Corporate & Specialty AG (AGCS...
Ratings Recap: Singapore Re, AGF, Ansvar, White Mountains Re, Oriental, Jupiter
Oct 13 2009 // A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Singapore Reinsurance Corporation Limited, both with stable outlooks. The ratings...
European Safety Agency Orders More Airbus Speed Sensor Checks
Sep 24 2009 // European safety officials have ordered checks on certain Airbus speed sensors supplied by U.S. manufacturer Goodrich, just weeks after clamping down on similar equipment from France’s Thales. Potentially faulty speed...
Pilots Report Problem with Air France Plane’s Speed Sensors
Jul 29 2009 // An Air France flight from Rome to Paris earlier this month briefly lost its speed readings due to faulty sensors, pilots said on Tuesday, in the latest safety scare involving speed sensors. Several problems with speed...
