Trade credit
Increased demand for credit policies from Malaysian SMEs
The Malaysian market is seeing an increased demand for trade credit insurance from exporters and SMEs amid the uncertain global economic environment.
Miller names two in political risk push
Miller has bolstered its political risk, trade credit and political violence capabilities by recruiting James Cunningham, pictured right, from Marsh, and Ewan Wauchope, left, from AJ Gallagher.
Economic uncertainty to impact European construction in 2012
The health of the European construction sector will depend on austerity plans in 2012, according to credit insurer Coface.
XL expands political risk and trade credit team
XL Group is expanding its global political risk and trade credit team with four new appointments based in London.
Spotlight on environment: Providing protection
With climate change increasing the likelihood of natural disasters, insurers must influence the debate on how businesses and governments manage risks such as supply chain failure.
XL expands global political risk and trade credit team
XL has added four to its global political risk and trade credit team.
Cost of Eurozone split is strong incentive to stay together
The disintegration of the Eurozone would be highly damaging both for countries that left and countries that remained in the union, according to an Altradius report.
Lloyd's coverholder appoints ex-Chartis VP to launch French arm
Equinox Global, an approved Lloyd’s cover holder specialist in trade credit insurance, has appointed Alban De Malherbe to launch a French office.
Average strength of companies deteriorates in Europe
Trade credit insurer Coface has reduced its 2011 forecasts for much of Europe following a deterioration of the average strength of companies.
Coface downgrades forecasts
Trade credit insurer Coface has downgraded its forecasts for the US and much of Europe claiming financial market volatility “has spread to the real economy”.
Marsh to assist SMEs managing trade credit
Marsh has said it has enhanced its Cover Credit service to assist small to medium enterprises to manage trade credit risk.
Trade credit insurers rated as stable
Moody's has given a thumbs up to the recovering trade credit insurers that had been hit by the recession - Euler Hermes and Coface.
Coface sees post-recession rise
Recession-hit credit insurer Coface has said half year turnover rose 8% to €764m, compared to the 1st half of 2010 and its combined ratio improved by 12.5 points to 78.3.
Brokers call for trade credit qualification
Brokers are asking for an industry-approved trade credit qualification so they can work with underwriters to help small businesses in the face of a potential double-dip recession.
Report finds insurance capacity remains buoyant in Europe
Insurers are still vying for lucrative accounts and insurance capacity remains buoyant in Europe, the Middle East and Africa, however, in some areas rates have increased, and insurers have tightened their policy terms and conditions in the second quarter…
Euler Hermes links with Mapfre
Spanish insurance giant Mapfre and Allianz-owned Euler Hermes have signed a memorandum of understanding to build a strategic alliance aimed at jointly developing their credit and bond insurance business in Spain, Portugal and Latin America.
High street still attractive despite big name failures
The high street is expected to remain an attractive proposition for trade credit insurers, despite a spate of household names slipping into insolvency.
TSC re-opens premiums inquiry - Insurance News Now – 7 July 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories which include chair of the Transport Select Committee, Louise Ellman telling Post that motor insurers will be called back to parliament for further questioning…
Interview - Ash Bathia: building the profitability platform
QBE Europe kept competitors on their toes as it built the business and branched out. Underwriting boss Ash Bathia tells Mairi MacDonald where his sights are now set.
QBE sets sights on $5bn PCM target
QBE Europe's property, casualty and motor division has set its sights on becoming a $5bn (£3.03bn) business by the end of 2015. Ash Bathia, PCM chief underwriting officer, said the business is growing from its current premium level of $2.7bn, while still…
Atradius launches SME product
Atradius has joined forces with appointed representative CMR to launch a trade credit insurance product aimed at helping smaller businesses manage their trade credit.
Atradius launches SME product
Atradius has joined forces with appointed representative CMR to launch a trade credit insurance product aimed at helping smaller businesses manage their trade credit.
Equinox Global announces two senior hires
Equinox Global has announced two new senior appointments. Gauray Ganguly has been recruited to head risk strategy, and Marian Berden takes up the role of senior credit and macro analyst at the trade credit insurer.
Biba makes plans for closer export credit relationship
The British Insurance Brokers' Association's trade risk focus group has unveiled plans to form a closer relationship with the UK's export credit agency.