Credit insurance
This week in Post: highs, lows and running with the wolves
It has been a week of highs and lows in our household. My son went on his first Cub sleepover and earned the honour of becoming a Sixer. I, meanwhile, returned to the X-ray machine.
Jia replaces Hillebrand as Swiss Re Corporate Solutions China CEO
Swiss Re Corporate Solutions has appointed Jingwei Jia as CEO of its China operations.
Manchester broker John Reynolds Group bought by Henderson
Henderson Insurance Group has acquired of 100% of the share capital of The John Reynolds Group and subsidiaries.
Businesses are paying later in China but economy is resilient, says Euler Hermes
Credit insurer Euler Hermes believes domestic consumption in China will support the economy but volatility is delaying business payments.
Coface report highlights uneven growth in CEE markets
Most countries in Central and Eastern Europe are experiencing a slowdown in GDP growth, rising insolvency rates and high unemployment due to the economic crisis in the Eurozone, according to the latest Panorama report from credit insurer, Coface.
Coface to insure companies exporting to Croatia
Credit insurer Coface will start insuring companies exporting to Croatia following the country’s accession to the European Union.
Coface launches credit insurance in Croatia
Coface has started offering credit insurance services in Croatia following the country’s accession to the European Union.
Towers Watson appoints Frederik Koencke to head crisis management for EMEA
Frederik Koencke has been appointed as the first Towers Watson crisis management group managing director for the Europe, Middle East and Africa region.
Coface "not a strategic asset" says Natixis chief
French bank Natixis does not expect to put Coface up for sale but would consider reducing its stake in the credit insurer, chief executive Laurent Mignon reportedly told a shareholders meeting on Tuesday.
Ace raids Zurich to launch Italian surety practice
Ace Group has hired Zurich's Italian head of surety, Edoardo Saachi, to grow its surety capabilities in Italy.
New risks threaten emerging market progress
Despite resilient growth, estimated at 5.1% in 2013, and improved sovereign and external fundamentals, emerging country risks have not disappeared altogether, according to Coface.
Credit Insurance: Lessons from the crisis
Credit insurance may have fallen out of favour during crisis years, but if used correctly it remains a vital tool for European corporates, according to Igor Zax.
Coface profits boosted by emerging markets growth
Credit insurer Coface Group has seen its full year profits bolstered by emerging markets performance, with net profits up 6.6% to €129m.
Changing regulations could see insurers increase lending role
European insurers have untapped potential as investors and sources of funding, according to a study published by Allen & Overy.
Italy's SACE expands in India with permanent Mumbai office
Italy-based credit insurer SACE SpA has launched its Indian operations with the establishment of an office in Mumbai.
Marsh's Moylan to head global surety practice
Marsh has appointed David Moylan as head of its newly created global surety practice.
Economy is biggest underwriting concern for Europe's credit insurers
The main underwriting issue for credit insurers in the European markets is the worsening of the economic situation in the Eurozone, according to Mapfre director of credit insurance Felipe Buhigas.
Coface appoint Bourgeois to replace outgoing MD
Credit insurer Coface has found a replacement for UK & Ireland MD Xavier Denecker in the shape of Frédéric Borgeois, group finance and reinsurance director.
ING makes board appointments for Insurance/IM EurAsia
ING has added Delfin Rueda and Dorothee van Vredenburch to the management board of Insurance EurAsia.
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.
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven day.
Credit insurers Garant and ASEI enter partnership
Austrian political risk insurer Garant Versicherungs AG and state-owned export credit agency Asuransi Ekspor Indonesia have entered into a commercial partnership to improve the export credit and political risks cover available to their clients.
UK exporters could bask in Indian summer, says Coface
The business climate in India offers encouragement for UK companies wanting to take advantage of the country’s thriving technology and services markets, according to a report by credit insurer Coface.
Insurers fear rise in multinational and export risk
Over half of European companies believe that doing international business has become more risky over the past five years, and 95% feel their own company has become more concerned about multinational and export risk over the period, research published…