Trade credit
This week in Post: Mergers, Microbreweries and Millennials
This week, the cold has crept in and we are bringing back our winter coats while shoving on our summer clobber to one side.
International: Trade credit demand is up
European political instability and financial regulations are pushing demand for trade credit cover, especially from banks that are keen on optimising their capital.
Nexus Group marks fourth acquisition with Credit Risk Solutions
Independent managing general agent Nexus Group today acquired Credit Risk Solutions to improve its growth strategy.
Malaysia's growing political tensions
The political temperature in Malaysia is rising as the country heads towards its fourteenth general election writes Michael Lum, head of political risk and trade credit for Beazley in Singapore.
LMA launches working party to tackle banking regulations
The Lloyd’s Market Association has launched a political risk working group to examine regulatory issues affecting banking sector.
Markel appoints Deepika Mathur to lead entry into Indian market
Markel International has appointed Deepika Mathur to lead its entry into the Indian market.
Blog: Trade credit insurers mustn't waste the Brexit opportunity
Trade credit insurers can prove their worth by helping their customers mitigate the risks associated with Brexit, writes Richard Reynolds, regional manager at Atradius.
Markel appoints trade credit underwriter in Asia
Specialist insurer Markel International has recruited in Singapore from trade credit insurer Atradius.
Trade credit claim rise 'no need for concern' experts say
The sharp rise in claims paid to businesses due to non-payment is “no need for concern”, experts have claimed.
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.