Latest insurance news from French insurers and regulators. Explore auto, home, life, P&C, pet and health insurance, including insurance rates, insights, trends, and breaking insurance news from France.
France blames Iranian hackers for cyberattacks on 750 supermarkets, as refrigeration sabotage and attacks on critical infrastructure spread across Europe and the US
Hackers altered refrigeration settings at three French blood banks, prompting US cybersecurity warnings about connected cold-storage system
French bank Crédit Mutuel Arkéa confirms hackers stole funds through fraudulent transactions, suspending some operations while assuring customers they face no losses
A cyberattack on 350 French supermarkets caused major food losses after hackers disabled refrigeration systems, exposing gaps in cyber insurance coverage
Hackers targeted Danfoss refrigeration systems at hundreds of French supermarkets, causing food spoilage, fires and potential losses worth millions of euro
Alan acquires Senegal-based healthtech Tanel, entering Africa’s health insurance market with plans to cover more than 1 mn people across the continent by 2030
Insurtech Alan launches its Health Can’t Wait campaign with Kylian Mbappé and Wieden+Kennedy across four markets to promote preventive health insurance
Switzerland will pay CHF 50,000 to people hospitalised after the Crans-Montana fire and victims’ families, with up to CHF 20 mn possible for settlements
Allianz invests in the €5 bn Scaleup Europe Fund, which will finance European growth companies in AI, quantum, semiconductors and other technology sectors
Qonto opened an 11,000 sqm Paris headquarters with 900 workstations as the fintech expands across eight European markets and pursues a banking licence
Paris-based Primo raised €6.9 mn to expand autonomous AI agents for IT operations after reaching €3.4 mn ARR and more than 400 customers
Mistral raised €3 bn in a Series D led by Samsung Electronics, valuing the European AI company at more than €21 bn after the financing
France, Spain and Greece face wildfire losses as insurers absorb claims and Europe debates who pays for climate-driven disaster risk
Arrakis exits stealth with $38 mn to build agentic AI software for aerospace, energy, logistics and manufacturing companies
Paris HRTech company Skello secures €200 mn from Bridgepoint, Partech and XAnge to expand in Europe and invest further in AI tools for frontline teams
Panora secured $5mn in seed funding to automate broker workflows, expand portal links and enter more European insurance markets
Paris-based Tsuga secured $35 mn in Series A funding to scale its AI-native observability platform and expand enterprise cloud deployments
Morpho secures $175 mn from Paradigm, a16z, Ribbit, Apollo, Circle, and VanEck as DeFi lending infrastructure expands
Paris-based Kulipa raised $6.2mn in seed funding to expand stablecoin-funded card issuing across regulated markets in Europe, Africa and the US
Paris-based Omniscient secured €3.5 mn in pre-Seed funding to expand its AI decision platform for boards and senior executives across global organisations
Amsterdam-based OpenUp secured €20 mn from Smartfin and Rubio to expand across Europe and grow its employee mental health platform
French health insurtech Alan raised $116 mn at a $5.83 bn valuation, backing AI investment, international growth, and further platform expansion
Stolen government credentials exposed data tied to 1.2 mn accounts in France’s FICOBA registry, including IBANs, names and tax identifiers
PERILS estimates €467mn insured loss from Windstorm Goretti in England, France and Belgium, with France accounting for nearly 75% of claims
Mistral AI has agreed to acquire Koyeb, marking its first acquisition and signaling a shift beyond model development into full-stack AI infrastructure
Paris-based OSS Ventures closed the first $47.3 mn for a new vehicle targeting $88.7 mn. The fund will provide follow-on capital to industrial software startups
Stockholm-based Lassie has secured $75 mn in Series C funding to expand its prevention-led pet insurance model across Europe
Paris-based Elaia launches €120 mn first close of DV5, aiming for €300 mn to back European B2B startups from pre-Seed to Series B across AI
Daphni finalises its €260 mn Blue fund to back European science-based startups, as DeepTech capital flows stay strong across 2025–2026
Scor and Axa form a Lloyd’s consortium to insure ecological restoration projects, aiming to reduce investment risk and scale nature recovery efforts globally
Paris-based unicorn Pennylane secures €175m led by TCV and Blackstone Growth to accelerate AI development and prepare for European market consolidation
French MedTech FineHeart raises €35mn Series C and €48mn in EU grants to scale its FlowMaker device for advanced heart failure
French chipmaker NanoXplore secures €20 mn from MBDA and Bpifrance to expand into defence electronics and reinforce Europe’s ITAR-free supply chain
Milan-based MotorK secures an additional €3 mn tranche from Atempo Growth, extending existing debt to support liquidity and corporate needs
European reinsurers lost momentum in 2025, with softer pricing, FX pressure, and capped earnings growth setting a tougher 2026
Getlink agrees €55mn insurance settlement covering ElecLink losses after a 2024–2025 shutdown of the Channel Tunnel power interconnector
Munich Re finds rising weather-driven losses across major economies, with the US, Germany and India showing sharp jumps in climate-linked financial strain.
J.P. Morgan sees European reinsurers using mild catastrophe losses to build reserves, temper upside, and push the sector toward more stable results
AXA teams with Old Mutual Kenya and EHS to grow East Africa’s IPMI market through local underwriting, exclusive distribution and portfolio transfers
AXA Partners teams with bolttech in a long-term deal to deliver embedded insurance across EU, UK, and Switzerland, targeting telcos, banks, retailers, and OEMs
Bank of America, Goldman Sachs, UBS, Deutsche Bank and others team up to test a G7-currency stablecoin, aiming to merge blockchain with traditional finance
Dutch insurtech Insify secures €16.3m Series B led by Evli Growth Partners to scale AI-powered insurance for freelancers and SMEs across Europe
Feather, a Berlin-based insurtech, has rolled out its new Car Insurance product, designed for expats across Europe who often face red tape and language hurdles when securing coverage
Fitch Ratings said Europe’s four largest reinsurers have reached peak profitability in property and casualty (P&C) reinsurance, reporting a record-low average combined ratio of 81.5%
Coalition, the cyber insurance specialist known for its “Active Insurance” model, has entered the French market with the launch of its Active Cyber Insurance product
AM Best is maintaining its Negative outlook on France’s non-life insurance sector, citing limited inflation-adjusted growth, pressure on margins
Reporting will apply to industry losses exceeding €500mn in Europe, ¥100bn in Japan, and NZ$300mn in New Zealand. The scope includes both property and motor insurance lines
Western and central European insurers incurred several hundred mn € in estimated losses after severe convective storms struck on June 30 and again on July 2–3
Insurers in Europe and Asia may each face insured losses in the hundreds of millions of dollars following a series of mid-June storms
Aon reported that severe storms in both the United States and Europe in late May and early June 2025 caused insured losses totaling hundreds of millions of dollars across both regions
Insurers based in Europe, the Middle East, and Africa (EMEA) maintain strong capital positions and buffers, enabling them to absorb external shocks effectively
AXA XL reported a 7% increase in gross written premiums and other revenues in Q1 2025, reaching €21bn. This included a 12% rise in AXA XL Reinsurance premiums
French insurtech Alan reported €505mn in annual recurring revenue (ARR) for 2024, marking a 48% increase from €340mn in 2023
AXA Mutuelles d’Assurance has become a founding patron of the Louvre Museum’s new Department of Byzantine Arts and Eastern Christianities
Flood events accounted for $18.2 bn in international fourth-quarter catastrophe losses, led by October floods in Valencia, Spain
PERILS, a provider of catastrophe insurance data, has released its final industry loss estimate for Windstorm Ciarán (Emir). This storm affected France, the UK, Belgium, and the Netherlands
Insurers in Central and Eastern Europe and Italy are facing estimated losses of €1.89 bn from Storm Boris, which brought devastating floods to the regions
The ratings of French insurers are unaffected by the recent revision of the Outlook on France to Negative, Fitch Ratings says, with the exception of CNP Assurances SA
French healthcare insurtech Alan has reached a €1.4bn ($1.7bn) valuation after its latest Series D funding round. Founded in 2016, Alan aims to bring transparency and fairness to healthcare through
During the Paris 2024 Olympics insurers were on high alert over potential risks that could lead to event cancellations and significant insurance losses
