Euler Hermes
Mapfre and Euler Hermes receive green light for JV
Spanish insurer Mapfre and French insurer Euler Hermes have been cleared by the European Commission to proceed with their planned credit insurance joint venture.
Merlin clients and staff seek new homes after facilities firm quits takeover talks
After almost two decades in the insurance industry, loss adjuster Merlin Claims went into administration last week, arguably the victim of a private equity deal that saddled it with too much debt and a dwindling client list.
Euler Hermes launches Europe credit insurance
Euler Hermes is launching Europe Credit Insurance in the UK market, which enables businesses to receive additional cover up to a £1m for exceptional transactions.
Euler Hermes launches Excess of Loss coverage amid 'market uncertainty'
Euler Hermes will offer Excess of Loss insurance coverage from mid-September, through a new specialist underwriting team based in London.
Euler Hermes pulls cover for Greek importers amid euro concerns
Exporters shipping to debt-stricken Greece will not be able to obtain cover from Euler Hermes for the foreseeable future, following concerns that the country could exit the euro.
Euler Hermes and Mapfre enter credit joint venture
Allianz-owned credit insurer Euler Hermes and Spanish insurer Mapfre have agreed a 50/50 joint venture to develop their credit insurance business in Spain and four Latin American countries.
Euler Hermes ties up with Mapfre for Spain and Latin America push
Spanish insurer Mapfre and Allianz-owned credit insurer Euler Hermes have signed a 50/50 joint venture to develop their credit insurance business in Spain and four Latin American countries.
Coface recruits former Euler Hermes credit underwriter
Coface UK & Ireland has appointed former Euler Hermes underwiter Dara Hanley as senior underwriter based in Dublin.
Euler Hermes boss rejects talk of Thomas Cook pull out
Euler Hermes director Mark Wyatt has denied reports stating that his firm has pulled its cover on Thomas Cook, insisting the business continues to write "significant levels of cover" for the travel company.
QBE appoints Bocca as UK trade credit manager
Business specialist QBE has appointed Ian Bocca to join QBE Trade Credit as manager, new business development UK, effective from 1 May.
Dissatisfaction could affect credit insurers' ability to recover in future
European credit insurers would be less able to rebound in a future crisis than they were in 2008/2009, according to Moody's latest insurance industry outlook.
Trade credit – Asian boom
Marsh China recently observed a significant increase in demand for trade credit insurance from Asian firms wanting to protect their balance sheets against the potential default of eurozone trading partners. Francesca Nyman asked several market insiders…
Structure is behind perception that Allianz UK is underweight, says Booth
The director responsible for all of Allianz’s insurance operations in the UK has insisted it is not underweight, and that it often gets overlooked in top five lists because of its structure.
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.
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.
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.
Euler Hermes backs government ECGD products
Credit insurer Euler Hermes has cautiously welcomed the government’s plans to launch a series of new ECGD products.
QBE adds three to trade credit team
QBE has confirmed three new appointments to its trade credit team.
Top 100 UK insurers - 2009
AM Best's top 100 insurer rankings in full, according to Financial Services Authority returns for 2009.
ABI reveals massive trade credit claims increase for 2009
The Association of British Insurers has revealed the cost of trade credit claims soared by 95% in 2009, while business prospects remain "highly uncertain".
ABI: trade credit claims up 95% in 2009
Latest figures from the Association of British Insurers show that trade credit insurance helped UK businesses by dealing with 22 791 claims in 2009.
Ace boosts trade credit team
Specialty insurer Ace Global Markets has made five appointments to its trade credit teams in London and New York.
Markel strengthens board with non-exec appointment
Markel International has appointed Ralph Snedden as a non-executive board director.
Euler Hermes expecting 'negligible' loss from Dubai World
Euler Hermes has played down predictions of massive losses from Dubai World collapse.