Trade credit
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.
Equinox Global launches credit top up solutions
Continuing economic uncertainty is generating appetite for stable and reliable trade credit insurance solutions, according to Equinox Global.
Liberty Syndicates adds to specialty products team
Liberty Syndicates has appointed Susan Barber to manage and build on its personal accident and pecuniary lines treaty portfolios in the Lloyd's market, part of its specialty products underwriting division.
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…
Chinese economic policy threatens country's SMEs
Efforts by China's government to stimulate the country's flagging economy could weaken small to medium sized businesses, causing a wave of payment defaults, according to Coface.
Brokers to receive increased commission under new government initiative
Members of the British Insurance Brokers' Association will receive commission levels up to 15% when they place trade credit insurance through the UK Export Finance Initiative, with immediate effect.
Ace poaches Zurich's surety head
Ace has recruited Zurich head of credit and surety Luc Reuter to drive the expansion of its surety division into continental Europe.
Bourgeois appointed Coface MD for UK and Ireland
Frédéric Bourgeois has been appointed managing director of Coface in the UK and Ireland as Xavier Denecker retires.
Equinox hires new senior credit analyst
Lloyd's cover holder Equinox Global has appointed Michelle Barnes, pictured, to the post of senior credit analyst.
Credit insurance needed to boost Vietnam's exports
Two years after export credit was first introduced in Vietnam it is still underused by Vietnamese companies, according to the Vietnam Insurance Association.
Atradius advises global firms on pitfalls of Indian market
Credit insurer Atradius has released a guide on how to trade successfully with India, as part of a series of reports designed to help businesses trade profitably with the world's emerging markets.
Coface's Charbonnel promoted to chief operating officer
Cyrille Charbonnel has been appointed group chief operating officer for Coface, a newly created position at the credit insurer.
Europe's banks increasingly reliant on structured credit insurance
European banks are using structured credit insurance to remain active in the Asian trade finance market while deleveraging their trade finance portfolios, according to Marsh.
Banks turn to credit insurance in Asian market
European banks operating in emerging markets are increasingly using structured credit insurance as a way of remaining active in Asian trade finance market and deleveraging their trade finance portfolios.
Atradius still on cover in Greece
Credit insurer Atradius is continuing to offer trade credit cover for Greece, despite the economic turmoil facing the country.
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.
Markel appoints trade credit analyst in Singapore
Markel International has appointed Rufin Majid as trade credit analyst in its Singapore office.
Liberty hires new assistant vice president
Liberty International Underwriters Europe has appointed Mark Esdaile as assistant vice president in the company’s trade credit and political risk team.
Liberty appoints trade credit and political risk VP
Liberty International Underwriters Europe, part of Liberty Mutual Insurance Group, has appointed Mark Esdaile as assistant vice president for trade credit and political risk.
XL to write political and trade credit risks via Lloyd's platform
XL Group has received approval from Lloyd's to write political and trade credit risks using the Lloyd's platform via XL Group's Lloyd's Syndicate 1209.
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.