Trade Credit
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Belgian firms say world becoming more unstable
Some 80% of Belgian corporates believe the world is becoming increasingly unstable, according to a new poll by business magazine…
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Clouds forming over global economy: Atradius
Recent growth in the global economy is expected to “lose steam” next year, warns credit insurer Atradius in its latest…
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Myanmar’s EU trade status at risk from genocide inquiry
The preferential trade status granted to Myanmar by the European Union (EU) could be at risk pending an investigation into…
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Payment delays increase for European firms
European businesses recorded a further increase in the number of overdue invoices in 2018 with 41.8% of payments outstanding, according…
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Emerging market risks rise
Recent months have seen increased volatility in emerging markets as foreign investors pull back from heavily indebted countries like Turkey,…
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Asia-Pacific sees rise in political risk
Social fragilities and a proliferation of autocratic governance in Asia have led to a rise in political risk that could…
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London market warns PRA proposals could limit credit cover and increase cost
London market insurers could withdraw from selling credit risk insurance to banks and increase the cost of cover if proposed…
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JD.com buys 33.3% share in Allianz China General Insurance
Chinese e-commerce giant JD.com is to acquire a third of Allianz China General Insurance as part of its push into…
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Credit insurance prices still falling, says Moody’s
Credit insurance prices continue to drift lower as benign credit conditions continue in core developed markets, according to Moody's Investors…
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Trade credit insurer gives APAC stable risk rating
Global trade credit insurer Atraidus has given a moderate and stable forecast for the economic prospects within Asia-Pacific in its…
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Consortium to provide capacity for online trade credit platform Toredo
A consortium has been formed to provide capacity for Toredo, an online platform for single situation trade credit insurance. The…
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XL Catlin launches political risk, credit and bond insurance in France
XL Catlin has started a local political risk underwriting operation in France and Benelux, with the appointment of Eric Zandvliet…
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Ironshore ups political risk capacity for APAC amid ongoing uncertainty
Specialty insurer Ironshore has expanded its political risk business lines in Asia-Pacific, by increasing capacity for its Singapore-based political risk…
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Economic risks top WEF global risk survey
Global business leaders have named economic risks – specifically unemployment in first place, followed by fiscal crises – as the…
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Multinationals consider implications of UN sanctions on N Korea
The ongoing escalations between North Korea and the rest of the world took another step when the United Nations (UN)…
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JLT acquires Belgian specialty broker to boost EU platform
Broker JLT has joined London market insurers in establishing a platform for EU business post-Brexit. JLT said it has acquired…
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Euler Hermes hires new execs to lead APAC expansion
Credit insurance company Euler Hermes has made two senior appointments as part of its expansion plan for the Asian insurance…
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Markel opens new trade credit office in Chicago
Markel Corporation has announced the launch of a new trade credit and political risk operation in Chicago. Christen Mizell will…
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Sompo Canopius hires new credit and political risk analyst
Sompo Canopius has announced the appointment of Bruce Shepherd as credit and political risk analyst. He will head the credit…
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Nexus Group acquires trade credit MGA Equinox
Specialty managing general agent (MGA) Nexus Group has acquired Equinox Global Ltd, the Lloyd’s coverholder, along with all other Equinox…