Trade Credit
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New head of credit and political risk team at Canopius
Canopius has promoted Stephen Pike as head of the credit and political risk team, part of Canopius’s credit, political and…
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CEE to benefit from post-pandemic supply chain risk reduction
Central and eastern European (CEE) countries are looking increasingly like beneficiaries of the impact of Covid-19 on global trade and…
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Atradius appoints head of UK commercial
James Burgess has been appointed as head of UK commercial at credit insurer Atradius. He will assume overall responsibility for…
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Atradius reports ‘huge’ rise in late payments as pandemic recession bites
New research from international credit insurance group Atradius reports that late payments have “soared” in the US, Mexico and Canada…
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Global insurance recovery from Covid-19 will outrun economies, says Swiss Re
Global insurance premiums will stage a full recovery next year after the impact of Covid-19, says Swiss Re in a…
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Chubb books $1.4bn Covid-19 loss
Covid-19 claims will cost Chubb $1.37bn in the second quarter of 2020, with total cat losses for the period nearer…
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Atradius forecasts 6.6% fall in GDP for advanced markets in 2020
Global trade is predicted to shrink by 15% this year as almost all countries around the world enter recession following…
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Australian risk managers advised to check credit policies
Risk and insurance managers with business in Australia need to take a proactive approach with their trade credit risk as…
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Atradius warns of rise in supply chain fraud during pandemic
Trade credit insurer Atradius has detected a rise in fraudsters posing as companies during the Covid-19 pandemic. It said opportunistic…
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Hardening commercial market will offset virus impact on Japanese insurers: Fitch
Japanese non-life insurers' premium growth will shrink in the financial year ending March 2021 because of the slowdown in economic…
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Virus demands focus on risk management as Asia braces for late payments crunch
Payment delays in Asia caused by the impact of the Covid-19 virus have risen and highlight the need for focused…
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HDI Global Specialty launches London political and credit risk team with Neon hires
HDI Global Specialty has launched a political and credit risk team in London after hiring Nick Robinson and Anthony Vaughan…
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UK insurers welcome government-backed trade credit insurance scheme
The Association of British Insurers (ABI) has welcomed the new UK government-backed trade credit reinsurance scheme. The UK announced its…
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Global value chains have bright future despite virus supply chain shock: Coface
Risk managers and their colleagues in supply chain and business continuity will have to look long and hard at the…
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UK launches £10bn trade credit reinsurance scheme
The UK government has launched a £10bn trade credit insurance guarantee scheme to ensure cover remains in place for businesses…
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EC approves Dutch state support for trade credit cover
The European Commission has approved a Dutch guarantee scheme to support the trade credit insurance market in the face of…
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New Chinese credit insurance requirements improve insurer credit quality: Moody’s
Credit ratings agency Moody’s has said that a new regulation on credit and guarantee insurance, issued by the China Banking…
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Indian regulator seeks to expand trade credit cover
A working group formed by the Indian insurance regulator (the IRDAI) has proposed increases in the levels of indemnity provided…
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Airmic welcomes delayed UK government credit insurance scheme
UK risk management association Airmic has welcomed the news that its government has agreed to provide reinsurance support for trade…
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UK follows European lead with trade credit insurance guarantee scheme
The UK government has told the nation’s businesses that it will step in to guarantee trade credit insurance through a…