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insurance

Euler Hermes rating is affirmed by S&P

Standard Poor's affirmed its 'AA-' long-term counterparty credit and insurer financial strength ratings on the core operating entities of Euler Hermes. (more…)

#Allianz#insurance#management

Coface unit to launch factoring operation in Argentina in...

Coface unit to launch a factoring operation in Argentina in early 2008 The Argentine unit of French insurer Coface is…

#export credit insurance#insurance#international


19% of credit managers use credit insurance

A recent ICC Credit 1000 Credit Managers Survey reveals that there is an increase in use of credit insurance by…

#AIG#Atradius#banks


Factoring companies included in enhanced money laundering law

The fight against money laundering is to be widened to prevent the financing of terror and financial crimes. Factoring companies…

#financial institutions#insurance#investment


Atradius ratings unaffected by potential change in shareholding structure

S&P announced its ratings and outlook on Netherlands-based credit insurance group Atradius and Spain-based credit insurer Crédito y Caución. (more…)

#Atradius#insurance


Euler Hermes opens Dubai office

Trade credit insurer Euler Hermes, a subsidiary of AGF and a member of the Allianz Group, has opened an office…

#Allianz#insurance#trade


Fortis acquires majority stake in Pacific Century Insurance

Fortis has finalised the acquisition of 50.45% of Pacific Century Insurance from its majority shareholder, PCI Regional Developments Ltd, and…

#acquisition#insurance


Canam Credit CEO drives acquisitions

This month, Canam Credit Company Inc. has made two significant moves. It announced its acquisition of Canada Debt Assistance (CDA)…

#acquisition#banks#insurance


Mehib offers export insurance to SMEs with export revenue...

The Hungarian Export Insurance Bank (Mehib) has been given the go-ahead to offer export insurance to small- and medium-sized enterprises…

#bank#conference#insurance


Atradius targets 25% market share

The Hungarian branch establishment of credit insurance company Atradius closed last year with Ft 723.5m in revenues. (more…)

#Atradius#insurance#management


SBCE sees 15-20% premium growth this year

Brazilian export credit insurer Seguradora Brasileira de Crédito à Exportação (SBCE) expects to increase written premiums 15-20% to up to…

#bank#banks#export credit insurance


Coface buys Kompass' French, Belgian and Spanish subsidiaries

Pages Jaunes, the French directories publisher, has sold its subsidiaries Kompass France and Kompass Belgium to Coface, the French credit…

#insurance#international

Miami-based Phinder Technologies secures USD10m

Phinder Technologies Inc. has closed a $10 million accounts receivable factoring line with Thermo Credit of New Orleans and Rockland…

#insurance#international#receivables

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