Trade credit
Travel insurers escape Goldtrail claims
Travel insurers are likely to escape a surge in claims following the collapse of holiday company Goldtrail, with the UK Civil Aviation Authority set to pick up the bill.
Ariel Re admitted as reinsurer in Brazil
The (re)insurer has also opened a representative office in Rio de Janeiro after its approval as an admitted reinsurer by regulator SUSEP
Liberty expands French operation
Liberty International Underwriters in Europe has established an underwriting presence in France for trade credit and political risk business with the appointment of Alexandre Egnell as assistant vice president, trade credit and political risk.
Economy on "road to recovery"
Businesses are starting to enjoy a recovery in markets at home and overseas, according to delegates at the Coface - the country risk conference for the UK and Ireland.
Chartis, QBE and Dual back £1bn GWP private equity start up
The British Private Equity and Venture Capital Association has today launched BVCA Insurance Services to help members and their investee companies with their insurance needs.
Markel makes new appointments
Markel International has launched a new trade credit division following the appointment of Ewa Rose in January 2010.
Marsh in trade credit shake up
Marsh has created a trade credit practice for Europe, the Middle East and Africa, to be led by Tim Smith, who was previously head of the UK trade credit practice.
Markel builds trade credit team with hires
Markel International intends to build its trade credit division on an excess-of-loss insurance offering after three more senior underwriters joined the insurer from Ace Group.
Markel raids Ace to launch trade credit division
Property and casualty insurer has launched a new trade credit division, following the appointment of Ewa Rose in January 2010.
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.
QBE Europe profits dip on back of increased claims
The business reported a rise in incurred claims to A$2.01bn (2008: A$1.76bn), whilst its expenses reduced to A$426m (2008: A$483m).
QBE Europe profits dip on back of increased claims
The business reported a rise in incurred claims to A$2.01bn (2008: A$1.76bn), whilst its expenses reduced to A$426m (2008: A$483m).
Towergate set to open new Manchester office
Towergate Risk Soultions Manchester is set to open a new office in Heton Mersey as it seeks to merge four of its existing businesses into a single hub.
Marsh sees trade credit rates increase up to 50% across Europe
Increases in financial institutions' insurance ranged from more than 40% to 50% in Turkey, to 10% in Switzerland and South Africa. In the UK and Ireland, increases ranged from 10% to 30%.
Marsh sees trade credit rates increase up to 50% across Europe
Increases in financial institutions' insurance ranged from more than 40% to 50% in Turkey, to 10% in Switzerland and South Africa. In the UK and Ireland, increases ranged from 10% to 30%.
Senior trade credit broker defects to Aon Benfield
Political risk and trade credit broker Steve Hart has moved from Willis to Aon Benfield, Reinsurance has learned.
UK government failing exporters
UK government must support contract bonds for exporters.
Nadra Bank losses helping to drive trade credit prices up
Nationalised Ukranian bank helping to drive rates skywards, Reinsurance has learned.
Three Ace trade credit underwriters join Rose at Markel
Three trade credit underwriters, formerly of Ace Europe, have joined Markel, sources told Reinsurance.
Markel International enters trade credit market
Rose joins firm from Ace Group
Aon director dissapointed at not "unexpected" government failure
Susan Ross believes Labour failed to consult properly before launching top-up trade credit scheme.
ABI director general admits "dissapointment" at pre-budget announcement
Maggie Craig highlights important role of insurance.