France
Aon and Scor develop French flood model
Aon Benfield has developed a French flood scenario model in partnership with reinsurer Scor to better prepare for the potential cost of a flood impacting the country's major cities.
Pool Re mulling cover for cyber terrorism ‘manifestations'
Pool Re is undertaking a study into whether the government-backed scheme might cover certain manifestations of a cyber terrorist attack, such as fire or explosion.
Paris attacks to cost French economy up to $12bn
The deadly attacks in Paris on Friday night will cost the French economy between $9bn and $12bn over the next nine months, predicts Andrew Coburn, from the Cambridge Centre for Risk Studies.
Insurance Europe report details widely ranging continental claims payouts
The cost of motor insurance claims varies widely across Europe, according to a report released by Insurance Europe, the European insurance and reinsurance federation.
Generali sees premium income climb to €54bn
Italian insurer Generali has reported a 5.1% increase in gross written premiums for the first nine months of 2015, taking the figure to €54bn (£38bn).
Northern European countries ahead of southern counterparts on SII readiness
Insurers in northern Europe are better prepared for Solvency II than those in the southern part of the continent, according to data specialist Silverfinch.
IT staff unconvinced on need to invest on cyber insurance
Nearly half of IT professionals polled by a software firm thought there was “insufficient need” to invest in cyber insurance.
Eurozone insolvencies to exceed 2007 level by 67% in 2016
Insolvencies in the Eurozone are 75% higher in 2015 than they were in 2007 with trade credit insurer Atradius predicting they will remain 67% higher than the 2007 level in 2016.
Axa in talks to buy Genworth's lifestyle protection arm
Axa has entered into exclusive negotiations with Genworth Financial for the potential acquisition of its lifestyle protection insurance division for €475m (£332m).
Lifting of Iranian sanctions piques interest from German and French insurers
German and French insurance companies are ready to build bridges with Iran after the former pariah state struck a historic nuclear deal with six world powers, according to reports emanating from the Middle East.
Tough motor conditions cause Moody's to downgrade France outlook
Moody's has changed its outlook for the property and casualty market in France from stable to negative, reflecting strong deterioration in motor insurance profitability.
Aon highlights increased European terrorism threat
Aon has identified nine developed economies as being at an increased risk of terrorism, including seven from Europe.
Aviva policyholder demands answers from chairman on French arbitrage life contracts
The French life assurance holder who wants Aviva to honour his fixed-price arbitrage contract has sent an open letter to the insurer's chairman urging him to address four questions he claims were "avoided" at Aviva's annual general meeting in April.
Axa offers free ridesharing cover to Bla Bla Car members
Axa has partnered with ridesharing group Bla Bla Car to offer free insurance cover to its members in the UK and France.
Generali loses motor market share in Italy and France
Italian insurer Generali saw a 4.6% property and casualty profit decline in the first quarter after it counted the cost of storms in Italy, Germany and Austria.
Euler Hermes Q1 revenues jump 5.1%
Trade credit insurer Euler Hermes has reported a 5.1% increase in revenues for the three months ended 31 March 2015 to €670m (£478m).
Willis accelerates acquisition of French giant Gras Savoye
International broker Willis has offered €550m (£392m) to buy the remaining 70% stake it doesn't own of France giant Gras Savoye.
French customers seek legal action over Aviva life contracts
A lawyer representing Aviva life insurance customers in France has registered 10 further clients in the past two weeks who want their fixed price arbitrage contracts honoured by the insurer.
Catlin completes Insure the Box sale
Aioi Nissay Dowa Insurance has finalised its acquisition of Insure the Box and Drive Like a Girl from Catlin.
Germanwings loss to maintain aviation market pricing pressure
Pricing in the aviation market is expected to remain competitive in spite of the Germanwings crash on 24 March, according to AM Best.
Cathedral leads consortia for Germanwings A320 war policy
Lancashire-owned Cathedral is leading the consortia on the Lufthansa war policy for the Germanwings Airbus A320 plane that crashed in France on 24 March.
Sompo acquires 7.8% stake in Scor
Sompo Japan Nipponkoa Insurance has acquired a 7.8% stake in French reinsurer Scor.
Axa tipped to make £300m bid for Pinnacle plot
Axa is poised to buy the site for what was intended to be London’s tallest skyscraper, according to reports.
JLT sells 26.2% stake in French associate
Jardine Lloyd Thompson Group has sold its 26.2% stake in Milestone, the holding company of Siaci St Honoré, the broker's French Associate.