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insurance

Coface unit looking to more than double profits this...

The Brazilian unit of French credit insurer Coface expects to more than double profits this year compared to 2006, Coface do Brasil director Hércules Pascorelli announced. (more…)

#bank#banks#insurance

Euler Hermes invests in ICIC, Israel's leading credit insurer

Euler Hermes, the world premier credit insurer, acquired one third of the capital of Israel's leading credit insurance provider ICIC…

#GDP#insurance#international


HSBC expands presence in SME sector

Hsbc has achieved a stable 15 per cent growth to a pre-tax profit of HK$50,016m in its consolidated financial results…

#bank#banking services#insurance


S&P assigns ratings to Atradius Seguros de Crйdito

The Mexican office of Standard Poor's (S P) has assigned its mxAA counterparty and financial strength national scale ratings to…

#Atradius#export credit insurance#insurance


Moody s upgrades Atradius Reinsurance Ltd to A2

Moody s have upgraded Atradius Reinsurance Ltd from Baa1 to A2, bringing the Atradius Reinsurance rating in line with the…

#Atradius#insurance#reinsurance


Export credit insurance industry grows rapidly

The export credit insurance industry has witnessed rapid growth during this decade, said Abdul Rahman Taha, general manager of ICIEC.…

#export credit insurance#insurance#Two


Allianz to acquire all of French Unit

Allianz, the largest insurer in Europe, announced that it would buy out the minority shareholders of its French subsidiary AGF…

#Allianz#financial services#insurance


Euler Hermes to enter insurance guarantees segment

The insurance company is a market leader in the insurance of domestic and foreign obligations (merchant loans). In 2006 it…

#guarantees#insurance


Italease to buy stake in Fondiaria-SAI banking unit –...

Banca Italease is in advanced talks to buy a stake in (more…)

#insurance#leasing


Company insolvency problem increasing

The number of insolvent companies in Hungary tripled year-on-year in 2006 (more…)

#credit risk#insolvency#insurance


Export factoring remains target for Factoring Ceske Sporitelny

Factoring Ceske sporitelny, which belongs to the Austrian Erste Bank Group, maintained pole position in the Czech factoring market leader…

#bank#exporters#insurance


Atradius appoints general manager for Slovakia

The new general manager of credit insurance company Atradius Credit Insurance N.V. in the Slovak Republic has been named as (more…)

#Atradius#insurance#receivables

IFCI to get a strategic investor

The country's oldest but troubled financial institution IFCI may soon see the entry of a strategic investor. IFCI is the…

#bank#banks#financial institution

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