FRANCE: Major insurer funds innovative risk studies in Europe

By Keith Nuthall In a sign that the credit crunch is not demolishing all long term thinking in the financial sector, France's AXA insurance group has continued rolling out funding from a five-year Euro 100 million programme into innovative research exploring risk. The University of Bristol, in Britain, last week welcomed the newly created AXA Research Fund's funding of climate change research into how global warming's affect on water supplies will influence population movements. The subject is of significant interest to insurers who are busy assessing how global ...


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