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Coface Romania registered 3.3m in turnover last year, increased by 129% compared to the figure registered in 2006, the company announced. (more…)
#3M#debt collection#insurance
The European Commission said it has cleared Euler Hermes and OeKB AG's proposed acquisition for joint control of a management…
#acquisition#Allianz#European Commission
Transfac Capital, LLC has announced its US$8m accounts receivable facility for a tank transportation company in Texas. (more…)
#bank#insurance#liquidity
Truckload carriers are increasingly turning to factoring companies to help ease cash flow difficulties. (more…)
#bankruptcy#cash-flow#insurance
French credit insurer Euler Hermes reported a 24.8 per cent rise in full year net profit. (more…)
#insurance
A trust that handled investments for non-profit groups was taken over by the state of New Hampshire on Monday. (more…)
#insurance#investment#risk
The European Commission said the deadline is set for March 5 for its inquiry into Euler Hermes and OeKB AG's…
German credit insurer Euler Hermes, a unit of insurer Allianz, has launched its online tool Group Eolis to serve Latin…
#Allianz#guarantees#insurance
GMAC Financial Services reported a 2007 fourth quarter net loss of US$724m. (more…)
#financial services#funding#insurance
Factors Chain International (FCI) is pleased to announce that its presence in Croatia and Serbia has further extended. (more…)
#exports#insurance#international
Atradius and Credito y Caucion, today announced the completion of the transaction to combine their businesses. (more…)
#Atradius#insurance#platforms
Coface Romania, local division of French insurance group, Coface, granted 140m in loan insurance in the first eight months of…
#insurance#risk
The number of insolvent companies in Hungary rose 24 per cent in 2007. (more…)
#insolvency#insurance#security