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Global Analysis

Swiss Re declines comment on Gerling NCM rumours

Swiss Reinsurance Ltd's Chief Financial Officer, John Fitzpatrick, declined to confirm or dispel rumours in the German press that Swiss Re plans to increase its 25 per cent holding to own a majority of Gerling NCM, the Netherlands-based credit insurance...

Indonesia, and Guatemala enhance ties between SMEs

Indonesia and Guatemala recently held seminars on understanding their bilateral economic and cultural potentials, an Indonesian official has said. Indonesia's…


Anti-terror measures 'could add 3% to cost of world...

Anti-terrorism measures being taken by states around the world could add up to 3 per cent to the cost of…


Euler Hermes Group rating lowered to A+

Standard & Poor's Ratings Services has lowered to 'A+' from 'AA-' its long-term counter-party credit and insurer financial strength ratings…

#Allianz#insolvencies#international


Exporters challenge credit insurers over Latin American risk assessment

Credit managers of companies exporting to Latin America have accused credit insurers of failing to back them up and being…

#bad debts#exporters#exports


Iraq conflict claims early commercial casualties

All credit insurance cover by Export Credit Guarantee Corporation of India Ltd. (ECGC) on exports to Iraq is likely to…

#exporters#exports#guarantee


AGF Group shows income from credit insurance up 24%...

French financial services company AGF Group said 2002 net income fell 63 per cent on write-downs of nearly Ђ1 bn…


Trade-credit insurance thrives in current climate

Uncertainty abounds in the global economy, as equity markets disappoint, trade disputes proliferate and fears of war overwhelm. What kind…

#management#risk#trade


Banks collaborate on invoice finance for Mexican SMEs

Compass Bank said that this year it will intensify its programme of loans for Mexican small- and medium-sized companies (SMEs)…

#bank#conference#interest rates


Fitch confirms Coface's AA rating

Fitch Ratings, the international rating agency, has affirmed the "AA" Insurer Financial Strength rating (IFS) on Coface S.A. Separate "AA"…


German credit insurer takes steps to protect core businesses

Gerling, the cash-strapped German insurer, said yesterday it was seeking regulatory approval to inject Ђ200m (US$220m) in emergency funds into…


Malaysian credit insurer signs pact with Russia to facilitate...

Malaysian exporters are now able to sell to Russian buyers on credit terms, said Bank Industri and Teknologi Malaysia Bhd.…

#bank#export credit insurance#exporters

Fraud – see a timely reminder about fraud prevention...

Go to Corporate Restructuring practitioner gives fraud prevention advice.

#Fraud Prevention

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