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Euler outperforms rivals

Resilient Euler Hermes, the world's biggest credit insurance company, has achieved an underwriting performance to make others in the universe of insurance green with envy, writes James Brewer. Part of the Allianz group, Euler scored a combined ratio of 87.2%...

Swiss Re eyes up Gerling NCM

Gerling NCM, the credit insurance arm of German insurance group Gerling, is on the verge of being taken over by…


Coface results show big drop in income; remedial action...

Coface saw a pattern of business last year opposite to that of 2001, with a second-half better than the first.…

#3M#guarantee#information systems


UK's largest independent invoice finance and asset-based lending specialist,...

GMAC Commercial Credit, the UK's largest independent invoice finance and asset-based lending specialist, is to re-brand after the merging in…

#bank#Commercial Credit#commercial finance


Close Invoice Finance report steady growth

Close Invoice Finance reported, in its annual report and financial statement, a successful year ended 31 July 2002, with a…

#awards#bank#insolvencies


Leading North American receivables financier announces net earnings increase...

Accord Financial Corp., a leading North American provider of asset-based financial services to businesses, including factoring, financing, credit investigation and…


Insolvency practitioners association slams banks over Brumark

John Verrill, the Vice President of R3, the body representing insolvency practitioners and company doctors, slammed the banks for delaying…

#bank#conference#insolvency


Chubb expands trade-credit practice in Canada

Global demand for trade-credit insurance is surging amid slow payment patterns and concerns of defaults on trade obligations, according to…


Global instability changes country risk ratings

Economic and political turbulence in key areas of the world, especially the Middle East, are likely to push up both…


GE Capital to double small business client base in...

GE Capital Bank is shifting its Mexican business strategy to greater lending to small- and medium-sized enterprises (SMEs), local daily…


SMEs get subsidised loans

The Ministry of Economy and Transport (GKM) and the state-owned Hungarian Development Bank (MFB) have launched the HUF 150 bn…

#bank#banks#economy


P40bn available to grow SME businesses

Small- and medium-sized enterprises (SMEs) make up an overwhelming 99.6 per cent of all firms in the Philippines. They provide…

#bank#exporters#interest rates

Insurance giant granted brokerage licence in India

Marsh Inc., the world's leading risk and insurance services firm, announced that it has received an insurance brokerage licence from…

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