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General Electric painted a rosy picture of the US economy Tuesday as it backed financial estimates for next year. At the firm's annual business meeting on Tuesday, chief executive Jeffrey Immelt confirmed that GE would produce earnings of between $1.55...
#cash-flow#economy#insurance
Euler Hermes, world leader in credit insurance, already holds 8.5% in Cosec, but is interested in increasing its holding with…
#Allianz#insurance
Euler Hermes UK has announced the appointment of James Daly as commercial director. James has extensive experience of working within…
#ABN AMRO#debt collection#financial services
Belgian KBC Insurance raised its stake in Polish insurer Warta from 40.03% to 51.03%. The increase in the shareholding fits…
#bank#insurance#KBC
Finance company Calpia will become a bank in January next year according to Calpia general manager Silke Muffelmann. As a…
#bank#banks#insurance
The Fortis Group have released figures for Q3 2003 showing net profit of Ђ677m, an increase of Ђ2.3 billion on…
#insurance
The president of the Hungarian Venture Capital and Private Equity Association (HVCA) Juliбn Tzvetkov, says he expects fundamental changes in…
#bank#banks#conference
According to a study conducted by the German credit insurance company Gerling NCM, the number of company bankruptcies in France…
#insolvency#insurance
Azerbaijan's RamExim has paid for half of its 10% stake in Ateshgyakh, an Azerbaijani-Russian insurance company, according to deputy general…
#insurance#Paid
The European Bank for Reconstruction and Development (EBRD) will invest a total of Ђ300m in Hungary this year, according to…
#bank#conference#export credit insurance
A change in agency reporting practices and another agency starting to report matches to CIFAS when they previously could not,…
#Clear#frauds#insurance
Fortis Bank has signed two new “multi-sourcing” framework agreements of Ђ50 million each with Vietindebank and Vietcombank. These agreements were…
#bank#exporters#financial services
Financial services companies' confidence improved more than at any time in the last four years as business grew at its…
#banks#Boost#financial services