Trade credit
Trade credit insurers paid equivalent of £4m a week in claims last year
Trade credit insurers paid businesses the equivalent of £4m in claims every week last year.
Credit insurers look to capitalise on Brexit fallout
Any hint of an economic downturn inevitably results in forecasts that demand for trade credit insurance will soar. So, predictably, Brexit has sent the PR machines of the major credit insurers into overdrive.
China: The new silk road
China’s One Belt, One Road initiative is one of the most ambitious infrastructure projects the world has ever seen.
Six insurtech start-ups to watch in 2017
To celebrate the return of the Post Digital Insurance Collective, I thought I would take another of my periodic looks at some of the newer start-ups in the insurtech space with some connection to the UK.
XL Catlin bolsters Asia-Pacific political risk team
XL Catlin has made a senior underwriting appointment in Sydney.
Euler Hermes to cancel trade credit cover for Tata Steel firms in UK
Allianz-owned Euler Hermes will end its trade credit insurance cover for all Tata’s UK steel firms this week, Post understands.
Three senior Asia AIG managers leave as insurer reduces costs
Post understands three senior Asia AIG managers have been made redundant as the insurer looks to reduce costs.
Hong Kong Analysis: SMEs' more sophisticated approach
Intense competition and a slowdown in China’s economy will make the Hong Kong SME market more challenging writes Nicky Burridge.
Allianz-owned Euler Hermes reports £324m profit in 2015
Allianz trade credit subsidiary Euler Hermes today revealed an operating profit of €417m (£324m) in 2015 on revenue of €2.64bn.
XL Catlin hires from Asia Capital Re for political risk role
XL Catlin has appointed Lim Mei Yean as an underwriter in its political risk and trade credit team based in Singapore.
Zurich rebalances in Asia-Pacific as premium declines
Zurich's general insurance division has taken corrective steps over the last year in Asia-Pacific to concentrate on more profitable growth.
RKH Specialty draws up surety plans following PMG acquisition
Hyperion Insurance Group has acquired independent specialist surety broker PMG Financial Services, subject to regulatory approval.
Customers hit by flooding get policy extension from Euler Hermes
Trade credit insurer Euler Hermes is offering a 30 day policy extension for clients hit by Storm Desmond or subsequent flooding.
Asia: Trade credit's double digit growth prospects
Trade credit insurance in Asia looks set to enjoy double-digit growth in the years ahead, but the market is not without challenges writes Nicky Burridge.
Trade credit firms insuring record turnover amid economic upturn
An improving UK economy has seen trade credit insurers providing more cover to businesses than ever before, insuring turnover worth £315bn in 2014, according to figures by the Association of British Insurers.
UK businesses report increased trade credit concerns
UK businesses are increasingly worried about their trading environment - with 22% of businesses saying their trade credit risk had increased over the past six months, QBE research has found.
C-Suite: Asia remains engine of global growth
Euler Hermes expects the Asia-Pacific region to drive global growth in 2015 although a slowdown in payments in China is a concern.
BPL's Palmer returns to London
The Monetary Authority of Singapore has approved the appointment of Peter Gilbert as Singapore CEO of credit and political risk broker Berry Palmer & Lyle.
Euler Hermes chair bemoans 'disappointing' economy as income dips
Trade credit insurer Euler Hermes saw its net income slump by 3.7% year-on-year to €302.1m (£223.2m) for the 12 months ending 31 December 2014 from €313.7m at the end of 2013.
C-Suite: Mixed signals for business sentiment in 2015
Euler Hermes Hong Kong manager Edmond Lee reflects on business sentiment in 2014 and warns turbulence is here to stay.
Europe: Ukraine - a wait and see game
Will the recent and ongoing turmoil in Ukraine and the exit of Russian insurers from the region mean new opportunities for Western insurers?
Equinox Global adds Amlin and The Channel Syndicate to panel
Lloyd’s coverholder Equinox Global has increased the number of carriers on its binder panel to nine after welcoming Amlin and The Channel Syndicate.
Phones 4 U collapse shows value of trade credit cover
The unexpected collapse of Phones 4 U demonstrated the value of trade credit insurance, according to the Association of British Insurers.
C-Suite: Indonesia's President to drive reforms
Euler Hermes' ASEAN CEO on how the election of President Joko Widodo could prove a boon for the Indonesian economy.