France
Reinsurers turn to M&A to stay relevant as challenging market forces bite
Global reinsurers have turned to mergers and acquisition deals over the last year in order to remain relevant in the face of challenging market conditions, but S&P maintains a neutral view on this trend.
2018 H1 insured disaster losses below average at $20bn
Global insured losses from natural catastrophes and man-made disasters during the first half of 2018 were $20bn, 33% below the ten-year average of $35bn, according to Swiss Re Institute's preliminary sigma report.
Top 30 European insurers 2018: A year of steady growth for insurers
Overall, top-line growth for the 30 largest European insurers has been steady, reflecting the underlying economic conditions throughout Europe, explain Tim Prince and Yvette Essen, director of analytics and director of research at AM Best
FSCS has paid out £104m to failed insurer Enterprise customers
The Financial Services Compensation Scheme has paid out £104m in compensation to customers of collapsed unrated insurer Enterprise so far.
Finch-owner triples size in UK market with ICB acquisition
ICB Group joins Finch as part of the Verlingue Group, effective from today.
Q&A: Malcolm Hyde, CILA and FUEDI
After working with the European Federation of Loss Adjusting Experts for a number of years, Malcolm Hyde has taken on board the role as president.
Chubb makes headway with post-Brexit preparations
As part of their Brexit preparations, Chubb European Group and ACE Europe Life have both converted to Societas Europaea.
CBL-owned broker files for liquidation
French construction broker SFS Europe, which is majority owned by CBL, has placed itself into voluntary liquidation.
Paris attacks victims receive €75m
The French compensation fund has so far paid out more than €75m (£67m) to over 2600 victims and relatives of casualties of the November 2015 Paris terror attacks.
Paris attacks victims' claim against French state rejected
A French court has rejected the claim filed against the French state by people who were injured or whose relatives died in the Paris attacks in November 2015.
Blog: Why you should model your flood losses on a European scale
The anatomy of European flooding means insurers and reinsurers should model their potential losses across several countries, explains Dr Maurizio Savina, director at RMS.
April UK withdraws from health insurance market
Exclusive: April UK has withdrawn from the UK health insurance market with immediate effect.
Blog: Lloyd’s successfully predicts World Cup winner for second time
This year’s World Cup in Russia has widely been regarded as one of the best ever.
Axa Research Fund gets €50m endowment
Axa has committed €50m (£44m) to its research fund over the next five years.
Victims of Nice terrorist truck attack receive €37m
Two years after the truck attack in Nice, southern France, the terror compensation fund has paid out €37m (£33m) to 2135 victims, who were either injured in the attack or are relatives of casualties.
LSM takes on Ironshore renewals to spur European growth
Liberty Specialty Markets has entered into a renewal rights agreement with Ironshore Europe to take on its European non-merger & acquisition business and staff.
Blog: Lloyd’s World Cup predictor proves its value
The World Cup quarter-finals have been and gone, and now we are down to the last four in the competition. And - great news - England have made it to the semi-finals for the first time since 1990.
Lloyd's World Cup Blog: Against the odds – Germany aside, predictions remain on track
We’ve reached the business end of the tournament. With the group stages a distant memory, we look back at the thrills and spills of the first two weeks of competition.
Aviva France targets an extra million policyholders by 2022
Aviva’s French subsidiary has unveiled its strategy to gain one million policyholders within four years.
Lloyd's: World Cup kicks off with a bang as reality bites for favourites
The World Cup is well and truly underway, and what a way to get started!
RSA outlines plans to transfer commercial EU business to Luxembourg
RSA's UK business will transfer all of its passported business for commercial customers to its recently approved post-Brexit hub in Luxembourg.
Blog: Lloyd's predicts the World Cup winner
Lloyd's of London predicts which country will win the 2018 World Cup, based on the insurable value of the 32 football teams that start battling it out this week in Russia.
Charterhouse to acquire Ardian's Siaci Saint Honore group
Private investment firm Ardian has begun negotiations to sell the Siaci Saint Honore group to private equity player Charterhouse.
Analysis: Has the industry learned its lesson after the collapse of a third unrated insurer in two years?
After three months of solvent run-off, Danish insurer Alpha finally fell over last month. Its collapse sent shockwaves through the market and prompted black cab drivers to besiege the offices of their London broker.