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Coface, the credit insurer, has said it will insure a Ђ100m credit line for the financing of French exports to Russia. France's BCEN-Eurobank is opening the credit line, Vneshtorgbank (VTB), which will be 85 per cent of the import contract...
#bank#exports#guarantee
Turkey Economy Bank (TEB) Financial Investments Inc., the private banking, factoring, leasing and investment group, announced yesterday that it is…
#bank#economy#insurance
Assurant Group companies have agreed to return about $6.5 million for charging what Maryland's insurance commissioner calls excessive rates for…
#compliance#insurance#Paid
Chile's first quarter credit insurance sales reached 928.5m pesos (US$1.4m), an 18.2% increase over the 785.6m pesos posted in the…
#insurance#management#receivables
Standard & Poor's Ratings Service has revised Euler Hermes’ outlook on the core operating entities of the Euler Hermes Group…
#guarantees#insolvencies#insurance
Seven banks and insurance companies have expressed interest in opening an affiliate company in Latvia. The companies comprise three from…
#bank#banks#insurance
John Reynolds, a UK provider of credit insurance services to commercial fuel distributors, has teamed up with BigOil.net, a specialist…
#insurance#management
Coface, the credit management and insurance group, has bought the credit insurance business of Australian underwriting agency, Dexta. Dexta Corporation…
#3M#insurance#management
IT Partnerships (ITP), a value added reseller (VAR)* of computer equipment, has warned that credit insurance is the best defence…
#insurance#software#trade
Consolidation among Russia's biggest banking institutions is starting to take place as bankers realise that organic expansion will not provide…
#acquisition#bank#banks
The finance union UNIFI described the announcement of 270 job losses within Asset Finance, the finance house arm of Lloyds…
#banks#insurance#Jobs
BNA Finances, published by the National Bank of Algeria (BNA), has named COFACE as the first credit-insurer operating in Algeria.…
#bank#guarantee#guarantees
Allianz group’s French insurance subsidiary AGF has set itself the target of increasing operating profitability by 10% this year after…
#Allianz#insurance