Trade credit
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.
Marsh forms public agency team for political and credit risks
Broker Marsh has formed a global public agency team comprised of senior specialists within its political risk and trade credit practice to assist clients in procuring public insurance coverage.
Post Broking Supplement: Biba 2012 conference timetable
The event programme for the Insurance Brokers' Association Conference - Shaping our futures - on Wednesday 16 and Thursday 17 May 2012.
Insurance Insight - Fueling growth
Recent deals struck in Asia by the likes of Axa, QBE and Catlin, looking to expand their footprints in the region, have highlighted the insurance industry's growing activity in the continent, and so, we take a closer look at the markets here and ask what…
Atradius warns of pitfalls of exporting to China
Credit insurer highlights potential dangers of doing business with China.
Fitch affirms Coface's 'AA-' IFS rating
Credit insurer Coface's major group insurance entities have had their 'AA-' IFS rating and 'A+' IDR ratings affirmed by Fitch.
Atradius appoints D'Souza as Dubai country manager
Credit insurer Atradius has appointed Schuyler D'Souza as country manager for Dubai to support the company's growing business in the Middle East through regional partner Arab Orient.
Vietnam ministry to pay 20% of export credit premiums
Vietnam's Finance Ministry has offered to pay 20% of insurance premiums for export credit orders if enterprises buy export credit insurance.
Property rates to keep rising in the short term
Despite the absence of a major natural catastrophe in the first quarter, rates rose for catastrophe and non-catastrophe exposed risks in most geographies, according to a Marsh report.
QBE hires Bocca for trade credit role
QBE Trade Credit has appointed Ian Bocca as manager of new business development UK with effect from 1 May.
QBE appoints Bocca as UK trade credit manager
Business specialist QBE has appointed Ian Bocca to join QBE Trade Credit as manager, new business development UK, effective from 1 May.
Dissatisfaction could affect credit insurers' ability to recover in future
European credit insurers would be less able to rebound in a future crisis than they were in 2008/2009, according to Moody's latest insurance industry outlook.
Beazley takes 25% stake in Equinox Global
Lloyd's insurer Beazley has taken a 25% stake in Lloyd's cover holder and trade credit insurance specialist Equinox Global.
Arch acquires Ariel Re's Zurich-based credit business
Arch Capital Group is to acquire Ariel Re's Credit & Surety reinsurance operations based in Zurich.
China's state-owned credit insurer warns of export risk
China's only export credit insurer has warned of increased short-term export credit risk for firms in the first quarter.
Trade credit – Asian boom
Marsh China recently observed a significant increase in demand for trade credit insurance from Asian firms wanting to protect their balance sheets against the potential default of eurozone trading partners. Francesca Nyman asked several market insiders…