France
Scor’s battle with activist investor rumbles on amid Covéa legal action
Activist investor CIAM has blasted Scor's strategy as "without significant intrinsic value creation" in a letter to the resinsurer's lead director, following reports in the French media on its collapsed merger talks with Covéa.
Top 30 European Insurers 2019: Insurers see 4.4% growth
Gross written premium reported by the 30 largest European insurers in 2018 was 4.4% higher than the aggregated figure for the previous year but those writing significant business outside of the eurozone have seen foreign exchange rate movements having an…
Analysis: Protecting businesses against political risks
The political risk map of Europe is being changed by a toxic combination of uncertainty — both political and economic, populism, geopolitical changes, political violence and technological advances
Zego enters France and Belgium following $42m raise
Zego has struck up a deal with e-scooter start-up Dott, which will see it enter the French and Belgian markets for the first time.
Fidelis investor takes majority stake in April
Private equity investor Andromeda has gained regulatory approval to take a majority stake in French health insurer April, which saw its UK arm pull out from the private medical market last year.
Top 100 Insurtech Firms 2019 - Spotlights
As the Insurtech 100 publishes, Post caught up with some of the firms listed across Europe, USA and Asia to reflect on the past 12 months, the future, favourite apps and food
Scor shareholders reject CIAM’s proposed resolutions
Scor's shareholders express their opposition to the “destabilisation” attempt led by the activist fund CIAM.
This week: Easter egg-citement
As we head towards a welcome four-day weekend, the insurance world has been getting in the spirit for Easter in the only natural way: smashing chocolate eggs.
Insurers pledge to help rebuild Notre Dame Cathedral
Insurers have pledged to help with the restoration of the Notre Dame Cathedral, which went up in flames on Monday evening.
Axa insures two Notre Dame contractors
Axa has revealed it provided civil-liability coverage for two contracting firms that were working on an on-going restoration of Notre Dame Cathedral, prior to the fire that demolished the building on Monday evening.
Editor's comment: Knowing what is good for you
My son is learning about healthy living at school and a recent exercise sent home was to spend a day eating according to the Eatwell Guide.
French insurer to set up UK branch as Brexit fail-safe
French insurance company La Parisienne Assurances will establish a third-country branch in the UK, in order to continuing operating in the country after Brexit.
Scor forced to defend its CEO over leaked activist investor proposals
Scor has called on its shareholders to reject resolutions drafted by activist investor CIAM to oust its CEO.
This week in Post: Couples and coupes
With Valentine’s Day yesterday, the Post team started the week by bracing ourselves for an inevitable slew of romance-related press releases. We weren’t disappointed.
Scor's Kessler takes aim at Covéa CEO Derez over 'repeated misconduct'
Scor CEO Denis Kessler has slammed Covéa SGAM CEO Thierry Derez alleging that he is guilty of “repeated misconduct” and claiming he has the emails to prove it.
Scor CEO bites back at activist investor over Covéa legal action
Scor CEO Denis Kessler has hit back following a letter from activist investor CIAM accusing him of acting in his personal interests by scuppering a takeover move by Covéa and bringing a criminal suit against the French insurer.
Scor shareholder hits out as the reinsurer brings legal action against Covéa
Scor shareholder and activist investor CIAM has hit out at the reinsurer, following its issuing of legal proceedings against Covéa, its former director and Barclays and Rothschild.
Axa-backed Setoo plots UK Q1 launch
Exclusive: Axa-backed broker Setoo expects to launch in the UK next month, and has outlined further fundraising plans for later this year.
42% of insurers and brokers have made or are considering Brexit moves
Nearly half of insurance brokers and insurers are considering moving or have confirmed that they are moving some of their operations and staff as a result of Brexit.
Finch and ICB owner on acquisition trail with sight set on €500m revenue by 2022
Adelaide, the owner of Finch and ICB Group, is looking to acquisitive growth as it aims to increase its revenue across Europe by 150% by 2022.
Top 100 Insurtech: Quarter four update
It’s time for the final 2018 update on the Insurtech 100, the global index compiled for Post by Tällt Ventures. Here founder and CEO Matt Connolly rounds up the latest investment and partnership news.
CBL Insurance placed into liquidation
CBL Insurance’s administrators had been working on a restructuring proposal, but the firm has been placed into liquidation.
Breitburd appointed Axa UK and Ireland CFO
Axa has appointed Amelie Breitburd as its chief financial officer for the UK and Ireland.