Trade credit
Coface sees post-recession rise
Recession-hit credit insurer Coface has said half year turnover rose 8% to €764m, compared to the 1st half of 2010 and its combined ratio improved by 12.5 points to 78.3.
Brokers call for trade credit qualification
Brokers are asking for an industry-approved trade credit qualification so they can work with underwriters to help small businesses in the face of a potential double-dip recession.
Report finds insurance capacity remains buoyant in Europe
Insurers are still vying for lucrative accounts and insurance capacity remains buoyant in Europe, the Middle East and Africa, however, in some areas rates have increased, and insurers have tightened their policy terms and conditions in the second quarter…
Euler Hermes links with Mapfre
Spanish insurance giant Mapfre and Allianz-owned Euler Hermes have signed a memorandum of understanding to build a strategic alliance aimed at jointly developing their credit and bond insurance business in Spain, Portugal and Latin America.
High street still attractive despite big name failures
The high street is expected to remain an attractive proposition for trade credit insurers, despite a spate of household names slipping into insolvency.
TSC re-opens premiums inquiry - Insurance News Now – 7 July 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories which include chair of the Transport Select Committee, Louise Ellman telling Post that motor insurers will be called back to parliament for further questioning…
Interview - Ash Bathia: building the profitability platform
QBE Europe kept competitors on their toes as it built the business and branched out. Underwriting boss Ash Bathia tells Mairi MacDonald where his sights are now set.
QBE sets sights on $5bn PCM target
QBE Europe's property, casualty and motor division has set its sights on becoming a $5bn (£3.03bn) business by the end of 2015. Ash Bathia, PCM chief underwriting officer, said the business is growing from its current premium level of $2.7bn, while still…
Atradius launches SME product
Atradius has joined forces with appointed representative CMR to launch a trade credit insurance product aimed at helping smaller businesses manage their trade credit.
Atradius launches SME product
Atradius has joined forces with appointed representative CMR to launch a trade credit insurance product aimed at helping smaller businesses manage their trade credit.
Equinox Global announces two senior hires
Equinox Global has announced two new senior appointments. Gauray Ganguly has been recruited to head risk strategy, and Marian Berden takes up the role of senior credit and macro analyst at the trade credit insurer.
Biba makes plans for closer export credit relationship
The British Insurance Brokers' Association's trade risk focus group has unveiled plans to form a closer relationship with the UK's export credit agency.
Biba joins forces with ECGD
The British Insurance Brokers’ Association’s trade risk focus group is forming a working group with credit agency Export Credits Guarantee Department.
HMV hit by trade credit withdrawal
According to reports, distributors to the HMV Group have been denied credit insurance, as the struggling retail chain continues to suffer after a month of poor trading in December.
QBE adds three to trade credit team
QBE has confirmed three new appointments to its trade credit team.
CIFS adds capacity providers
Lloyd’s credit insurer Credit Indemnity & Financial Services has added Sagicor, Catlin and Omega to its current capacity providers.
Guy Carpenter notes improvements in credit insurance market
The global markets for credit insurance and surety bonds are showing positive developments, although challenges still persist, according to Guy Carpenter & Company.
Guy Carpenter notes improvements in credit insurance market
The global markets for credit insurance and surety bonds are showing positive developments, although challenges still persist, according to Guy Carpenter & Company.
Exclusive trade credit content now available on Post Europe
Post Europe’s weekly update is now live with a look at the trade credit sector across Europe and a View from the Top that believes opportunities are very much alive in the European affinity markets.
Post Europe: EMEA trade credit market
The impact of the financial downturn across Europe is clear to see but even in this uncertain time trade credit has remained buoyant and the future for this market is looking rosy according to Tim Smith.
Coface returns to positive growth
Coface has reported a return to positive growth in turnover over nine months at +1.9% at current structure, and at +0.6% at constant structure and exchange rates.
Markel adds to trade credit team
Markel International has expanded its trade credit division with three appointments.
MGA goes live using Sequel software
New trade credit insurance specialist Equinox Global has gone live on using insurance software provided by Sequel.
Besso's Gladstone launch is timed for new wave
Intermediary Besso has revealed it timed the launch of its managing general agent to coincide with a new wave of MGAs in the London market.