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Top management changes at Euler Hermes

Jean Lanier, chairman of the Euler Hermes Management Board, will leave his position effective 31 May 2004, at the end of the 2004 Euler Hermes Annual General Meeting. To succeed Lanier, the Supervisory Board of Euler Hermes has appointed Clemens...

#Allianz#insurance#international

Asuransi Kredit Indonesia to link with Korea's Kotec

Credit insurance company PT Asuransi Kredit Indonesia (Askrindo) has agreed to cooperate with Korea Technology Credit Guarantee Fund (Kotec) from…

#guarantee#insurance


GERLING NCM receives APRA licence

Further to the recent Export Finance and Insurance Corporation (EFIC) statement regarding the sale of EFIC's short-term export credit insurance…

#export credit insurance#export finance#insurance


Joint Ingosstrakh and Malaysian Export Credit Insurance Corporation projects...

At the Russian-Malaysian business forum in Kuala Lumpur yesterday (5 August), President Vladimir Putin said that the two countries are…

#export credit insurance#forum#insurance


ECGC and Corp Bank in bancassurance tie-up

Export Credit Guarantee Corporation (ECGC) has obtained a special exemption from the Insurance Regulatory and Development Authority (IRDA) allowing it…

#bank#exports#guarantee


Allianz' Euler Hermes first half results show increased turnover

Allianz AG Holding announced consolidated turnover of Ђ936.8m in its Euler Hermes credit insurance unit in the first six months…

#3M#Allianz#Boost


Credit insurance to boost non-bank factoring

According to Jose Schachner, chairman of Chile's factoring association, non-bank factoring companies in Chile are betting on credit insurance to…

#bank#Boost#insurance


Credit insurance to grow 30% this year

Credit insurance premiums in Chile are set to grow 30% this year, reaching US$15.6 million compared with last year, according…

#insurance#international#Two


Gerling NCM shows post-tax loss for 2002

Gerling NCM Credit and Finance, the German credit insurance company, has reported a post-tax loss of Ђ75.1m for 2002, compared…

#bank#Deutsche Bank#insurance


Latest Coface country rating update

Coface, the world leader in export credit insurance and company information, has released its latest country ratings indicating the following…

#export credit insurance#insurance


Bank Muamalat announces new SME products and insurance tie-up

Bank Muamalat Malaysia Bhd will introduce new financial tools catering to small- and medium-scale enterprises (SMEs). President and chief executive,…

#bank#insurance#SME financing


KPMG suits reach NOK 1.35 billion (USD193million) in aftermath...

Nordlandsbanken has joined the queue of institutions suing accounting giant KPMG for losses suffered in connection with the Finance Credit…

#bank#insurance#receivables

Fortis Bank wins withdrawal of rogue website set up...

A few days ago Fortis Bank detected a fraudulent site called ‘Fortisexpressbank.com’ on which improper use was made of its…

#bank#financial institutions#financial services

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