France
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GC&C and GEB merged into new French unit under Generali reshuffle
Generali has announced a significant reorganisation of its management structure that sees all its global business lines – Generali Corporate…
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French insurers report €1.26bn in claims from recent storms
French insurers have incurred some €1.26bn in claims from bad weather at the start of June and in late May,…
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European insurers call on EU to develop rules on third-party litigation funding
A group of leading European business associations – including Insurance Europe – have issued a joint statement that calls for…
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McDonald’s settles French tax probe for €1.25bn
A Paris court has approved a €1.25bn settlement for tax evasion between fast-food chain McDonald’s and France’s financial prosecutor’s office.…
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Berkshire Hathaway Specialty Insurance launches French D&O cover
Berkshire Hathaway Specialty Insurance (BHSI) has launched a D&O policy in France to serve local and multinational companies. The insurer…
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Berkshire Hathaway Specialty Insurance opens Lyon office
Berkshire Hathaway Specialty Insurance (BHSI) has further expanded its presence in Europe with the opening of an office in Lyon,…
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Supply chain woes continue for Europe’s manufacturers as Sedgwick reports 155% surge in motor recalls
Supply chain woes and shortages of semiconductor chips will continue to plague Europe’s automotive manufacturing for much of this year,…
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Von der Leyen maps out Europe’s risk management strategy for energy, defence and food
The European Union has stepped up its efforts to secure resilience in the face of Russia’s invasion of the Ukraine…
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PERILS raises February’s European windstorm loss estimate to €3.61bn
PERILS has increased its insured loss estimate for three storms that hit continental Europe and the UK in February to…
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AMRAE welcomes new VP and board members as membership grows
French risk and insurance management association AMRAE has re-elected its president and welcomed several new board members, while also announcing…
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SCOR announces exit from new oil field underwriting but NGOs say not enough
French reinsurance group SCOR has announced that it will cease underwriting new oil field production projects from 2023. But environmental…
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Global Insurance Law Connect report highlights cyber risks from war in Ukraine
The latest edition of the annual Risk Radar Report from Global Insurance Law Connect (GILC) warns of the impact of…
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AMRAE survey reveals gender pay gap and cyber risk fear
A new survey by AMRAE has revealed that the average French risk manager is 47 years old, male, has worked…
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AXA XL’s insurance prices rise 10% as group faces ‘mid-sized’ cat loss from Ukraine
AXA XL’s insurance revenues were stable in the first quarter with price rises of 10% offset by a focus on…
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SCOR ready for ‘great change’ as nat cats and Ukraine losses batter Q1 result
French reinsurance group SCOR reported further strong growth in its primary specialty insurance business in the first quarter of this…
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Insurers to be told to stop covering Russian oil exports in effort to sink Putin
As European Commission (EC) President Ursula von der Leyen announced the sixth package of sanctions on Russia, including a complete…
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EU companies to gain protection from state-backed foreign takeovers
The European Parliament this week gave its support for a proposed regulation designed to protect European companies vulnerable to takeover…
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Dutch group says EU’s sustainability directive falls short on supply chain impacts
The EU’s planned Corporate Sustainability Due Diligence Directive (CSDD), which is designed to tackle human rights and environmental impacts across…
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Ferma and Commercial Risk launch European Risk Management Awards 2022
Commercial Risk and Ferma have announced the launch of this year’s European Risk Management Awards, which returns as a physical…
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Jean-Marie Haquette to lead HDI Global’s French office
Jean-Marie Haquette will take over as head of HDI Global’s French office from September, succeeding Florence Louppe. HDI Global announced…
