France
AGCS adopts legal form of European company
Allianz Global Corporate and Specialty has adopted the legal form of a European company and merged with its subsidiary Allianz Global Corporate and Specialty (France), retroactive to 1 January 2013.
Europe-wide Windstorm Christian losses could hit €1.3bn
Losses from a storm hitting Northern Central Europe could top €1.3bn according to latest estimates from Willis Re.
Winter storm Christian is worst in a decade
Winter storm “Christian” (known as “St. Jude” in the United Kingdom) battered the western shores of southern Britain early on Monday, October 28, 2013, as one of the strongest extratropical cyclones to affect the region in perhaps a decade.
Ace appoints Moghrabi regional president for Continental Europe
Ace Group has appointed two senior executives in Continental Europe.
49 die in Laos plane crash
49 people, including seven from France, have been killed in southern Laos when a plane crashed into the Mekong river yesterday (16 October).
Ace launches environmental risk taskforce for Continental Europe
Ace Europe has appointed Nicolas Givelet as risk engineer in its Continental Europe environmental insurance team as it continues to invest in building its environmental risk expertise.
Willis Group hires Drivas to drive European fac growth
Broker Willis Group has appointed Christine Drivas to its facultative reinsurance division, Faber Global.
Willis hires Drivas to drive facultative reinsurance growth
Broker Willis Group has appointed Christine Drivas to its facultative reinsurance division, Faber Global.
Bolloré resigns as Generali vice-chairman
French billionaire Vincent Bolloré has resigned from his role as Generali vice-chairman in order to spend more time working at Paris-based conglomerate Vivendi.
C-Suite: Rewriting the law on fraud
Looking to France may help bring down claim numbers and prevent fraudsters escaping detection, says John O'Roarke.
Europe: The cost of Concordia
What has the Costa Concordia disaster meant for the European marine market?
Ace appoints client relationship manager for Continental Europe
Ace Group has appointed Brigitte Hazard as client relationship manager in its continental Europe claims team.
Spain and Italy most interested in telematics
A majority of drivers in the six largest motor insurance markets in Europe have indicated they are willing to embrace telematics-based products, according to research by Towers Watson.
Career file - Bertrand Poupart-Lafarge: Axa Canada CFO moves to UK
Axa Canada chief financial officer Bertrand Poupart-Lafarge has been named new CFO at Axa UK.
Guy Carpenter names PSG executive for France, Iberia and Italy
Guy Carpenter has announced Dorothée Mélis-Moutafis is to become managing director of the firm’s Property Solutions Group, taking specific responsibility for France, Iberia and Italy.
Amlin Europe claims ratio hit by French property claims
Amlin Europe results were hit by large property losses in France in the first half of 2013.
Europe: Continental catastrophes
An EC Green Paper proposing harmonisation of catastrophe insurance across Europe has faced strong criticism from the market. Edmund Tirbutt explains why.
Europe: Aggregation domination
Research suggests that the use of aggregators in Europe is growing but can the continent replicate the price comparison success seen in the UK? Mark Sands investigates.
Axa hails first half growth
For the first half, Axa has reported property & casualty revenues were up 2% to €16.5bn, mainly driven by an overall positive price effect of 3% on average. Overall total revenues were up 4% to €50bn across the group.
Renewables market could triple insurance spend by 2020
The renewable energy industry could triple its annual insurance spend by 2020 to mitigate risks to projects, according to a new report sponsored by Swiss Re.
Axa whiplash report calls for compulsory MRI scans as evidence
The UK should introduce mandatory MRI scans and impose a time limit on the appearance of symptoms to curb the number of spurious whiplash claims, according to Axa.
Generali downgraded to A- by S&P due to Italian exposure
Generali has had its rating downgraded from A to A-.
France looking to insurers to boost lending
France’s finance ministry is to relax rules on insurer’s ability to lend, allowing firms to devote up to 5% of their balance sheets to corporate loans.
Groupe Consultatif appoints former Aegon actuary as CEO
The Groupe Consultatif, the Actuarial Association of Europe, has appointed Ad Kok as its new chief executive officer starting on 1 September 2013.