Atradius' Stuart Ramsden on Brexit insolvencies - and credit insurance becoming a business essential
Brexit and other uncertainties have increased business insolvencies and demand for trade credit insurance, writes Stuart Ramsden, head of commercial for UK & Ireland at Atradius.
Canopius has signed a partnership with credit and political risk managing general agent Anvil Underwriting.
Debenhams has said it retains a ‘constructive relationship’ with its credit insurers as the ailing retailer has its cover reduced.
Credit has been underperforming equities and Puneet Sharma, managing director at Zurich, believes this warrants a rethink of portfolio positioning.
The number of trade credit claims has increased by 50% owing to a “ripple effect” from the collapse of Carillion.
Business executives are underestimating supply chain and terror risks, writes CNA Hardy's CEO Dave Brosnan, urging them to beat the bunker.
Protectionism is posing challenges to the insurance market, but also creating some opportunities, especially for trade credit cover.
As economies in the Middle East diversify, new opportunities for insurers and reinsurers are beginning to show themselves. Is the London Market taking full advantage?
Insurers have published their gender pay gap statistics. It was never going to go well and the industry's shameful figures further highlight that change is needed. With a bank holiday weekend approaching, perhaps it would be prudent to use that extra day…
Last year, trade credit insurance payouts hit their highest level in nearly a decade, with claims costs running at the equivalent of £4.3m every week.
Allianz is set to squeeze out remaining shareholders of Euler Hermes delist the trade credit insurer from the Paris stock exchange on Friday.
Allianz has increased its shareholding in Euler Hermes to 92.43%
Euler Hermes reported a 10% boost in group net income for the year ending 31 December 2016.
The collapse of the construction giant Carillion serves as a warning sign that businesses need adequate insurance coverage, says James Dalton, director for general insurance policy at the Association of British Insurers.
Direct Line has allocated new facilities management providers in the wake of the collapse of construction giant Carillion.
I'm not sure who was more excited about technology in our house this week, my son discovered that virtual pets in the form of Tamagotchi are making a comeback in the UK this year while I learnt a bar has opened where robots make you cocktails.
Trade credit insurers expect to pay £31m to help businesses recover following the collapse of construction giant Carillion, according to figures from the Association of British Insurers.
It was oddly coincidental that it was Blue Monday, the most depressing day of the year, when Carillion collapsed – placing 20,000 jobs at risk.
The British Insurance Brokers’ Association has launched a scheme for trade credit insurance through CMR Insurance Services.
Euler Hermes has reportedly stopped offering cover on new shipments of goods to ailing retailer New Look.
Premium Credit has appointed Duncan Gray as chief information officer.
Aon’s Susan Ross awarded MBE
This week, the cold has crept in and we are bringing back our winter coats while shoving on our summer clobber to one side.
European political instability and financial regulations are pushing demand for trade credit cover, especially from banks that are keen on optimising their capital.