Trade Credit
-
December 6, 2023
HDI enters US surety and Asian accident and health markets
HDI Global has entered the US surety market through the acquisition of Indiana Lumbermens Insurance, and the Asian accident health…
-
November 30, 2023
Mixed primary market outlook for 2024: Zurich
Zurich has painted a mixed picture for European insurance buyers next year with some areas, such as marine, stabilising, and…
-
November 8, 2023
Allianz Trade relaunches export risk app
Trade credit insurer Allianz Trade has relaunched its free online app, Trade Match, which identities the best export opportunities for…
-
October 16, 2023
Credit insurance to grow as supply chains become more complex
Trade credit insurance (TCI) is expected to grow, even as world trade volume flows slow because of rising counterparty risk…
-
October 10, 2023
Best keeps negative outlook on Indonesian non-life insurance sector
Rising reinsurance costs and more-restrictive coverages have led to heightened reinsurance credit risk and potential pressure on underwriting margins for…
-
August 21, 2023
Credit and political risks insurance partner joins DAC Beachcroft
Paul Baker has joined international law firm DAC Beachcroft as a partner in its global insurance practice in London. Baker…
-
August 14, 2023
Zurich sued over Greensill Bank policies
Administrators for Greensill Bank, the German banking subsidiary of collapsed supply chain finance firm Greensill Capital, have filed a lawsuit…
-
July 21, 2023
Allianz Trade launches fraud protection for UK businesses
Trade credit insurer Allianz Trade has launched a fraud insurance product for UK businesses amid a post-pandemic rise in employee…
-
June 20, 2023
Marsh sued by Greensill investor White Oak for $143m
US private finance group White Oak has taken legal action in a $143m claim against Marsh, according to reports, as…
-
June 15, 2023
New multinational trade credit leader at WTW
Todd Lynady has been appointed as multinational trade credit leader at WTW, based in New York. He will be responsible…
-
June 9, 2023
Brokerslink adds four new affiliates in eastern Europe
Brokerslink has added four new eastern European affiliates to extend its presence in Romania, Moldova, the Czech Republic, Slovakia, Bulgaria…
-
May 11, 2023
Trade credit insurers more cautious as losses begin to rise: Marsh
The frequency and severity of global insolvencies have yet to reach their peak, with a significant economic slowdown expected in…
-
April 19, 2023
Allianz Trade expands XoL solution to Spain and Brazil
Allianz Trade has expanded its excess of loss (XoL) reach with additional resources in Germany and Singapore, and new teams…
-
April 18, 2023
Business insolvencies set to jump amid credit crunch
A rebound in business insolvencies is picking up speed, according to Allianz Trade, the credit insurance arm of Allianz. The…
-
April 4, 2023
EU agrees new export credit rules to boost climate-friendly projects
The European Union has agreed new rules for export financing with member states of the OECD. The OECD said that…
-
March 31, 2023
Credit insurance market seeing ‘normalisation’ of loss ratios
Overall renewal premium rates in the credit insurance sector are showing flat-to-low single-digit reduction trends, according to Aon, but the…
-
March 28, 2023
AXA XL says it’s ready to step in as other carriers pull back following tough 1 Jan renewals
AXA XL has told Commercial Risk that it is now targeting new business across all lines in Europe and Asia…
-
March 21, 2023
HDI Global eyes strong Asia-Pacific growth on back of 2022 results
HDI Global will continue its strong growth path in the Asia Pacific by launching into the single project professional indemnity…
-
March 16, 2023
Tokio Marine HCC International appoints UK trade credit underwriters
Tokio Marine HCC International (TMHCCI) has strengthened its UK trade credit division with the appointment of two senior risk underwriters:…
-
March 13, 2023
EC approves expansion of Italian credit insurance scheme
Risk managers will be pleased to hear that the EC has approved an amendment to Italy’s existing guarantee scheme, which…