Generali Global Corporate & Commercial France appoints new head

Generali Global Corporate & Commercial France appoints new head

Generali Global Corporate & Commercial France appoints new head

Generali Global Corporate & Commercial (GC&C) has appointed Gaëlle Tortuyaux as head of France, where she will take over from Vincent Moutier who is leaving the Generali Group. Ms Tortuyaux joins Generali from RSA, where she worked as managing director for France since October 2017. Ms Tortuyaux will take up the GC&C post on 1 June 2019. Ms Tortuyaux has…

CCR Re issues first French sidecar and ILS vehicle

CCR Re issues first French sidecar and ILS vehicle

CCR Re issues first French sidecar and ILS vehicle

French reinsurer CCR Re has launched its country’s first insurance-linked securities (ILS) vehicle, in the form of a reinsurance sidecar. Under the deal, 157 Re will assume a 25% quota share of CCR Re’s global property catastrophe portfolio. CCR Re, which is a subsidiary of state-owned reinsurer CCR, said the arrangement is the “first generation” of vehicles that could trigger…

Oil slick threat to French coast as Porsche counts cost of lost cars

Oil slick threat to French coast as Porsche counts cost of lost cars

Oil slick threat to French coast as Porsche counts cost of lost cars

French authorities are battling to contain an oil slick that threatens beaches around the Bay of Biscay, as Porsche counts the cost of losing limited edition cars. The Grande America vessel was on its way to Casablanca with more than 2,200 vehicles on board. Ultimately, it was headed for Brazil. However, it capsized near the French town of La Rochelle…

New York, London and Hong Kong are top three financial centres

New York, London and Hong Kong are top three financial centres

New York, London and Hong Kong are top three financial centres

New York is still the leading financial centre in the world, followed by London and Hong Kong, according to the 25th Global Financial Centres Index, published by Z/Yen Partners and the China Development Institute. According to the index, New York remains in first place, just seven points ahead of London, with Hong Kong four points behind London in third. Singapore…

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