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Gerling-Konzern, the struggling German insurance group, is reported finally to be making some headway in the planned sale of Gerling NCM, its credit insurance subsidiary, to Swiss Re, the Swiss reinsurance giant. Until now, German banking group Deutsche Bank, a...
#bank#Deutsche Bank#insurance
Deutsche Bank, the German bank, has called a halt to the takeover of Gerling NCM by Swiss Re. The only…
Panamanian payment guarantee companies have asked the government for greater regulation of their sector, local daily El Panama reported. Central…
#guarantee#insurance#regulation
National insurance rises due to take effect this week will force a third of smaller companies to cut jobs, according…
#conference#insurance#Jobs
Underwriter Euler American Credit Indemnity has notified policyholders it will no longer insure their accounts receivable on business done with…
#insurance#receivables#risk
Standard & Poor's Ratings Services said today it lowered to 'BB+' from 'BBB' its long-term counter party credit and insurer…
#DEC#insurance#management
Commercio e Finanza Leasing e Factoring SpA (CFLF), which is headquartered in Naples, is raising Ђ241.8 m through the planned…
#cash-flow#guarantee#insurance
Hermes Kreditversicherungs-AG, the German insurance group, has dealt a blow to Spar, the retail group, by increasing the deductible contribution…
#insurance#Paid
Majority shareholder Rolf Gerling and substantial shareholder Deutsche Bank are planning to sell their shares in the Gerling group. However,…
Banco Espirito Santo Overseas Ld has published results showing consolidated net profit reaching Euro 222.1m, which corresponds to an increase…
#insurance#international#international factoring
Recent changes to the Companies Act could reduce the chances of creditors getting paid when debtors go into liquidation, Credit…
#guarantee#insurance#Paid
Guatemala's government is drafting legislation that would provide a new regulatory framework for the insurance industry, an official from the…
#Bill#insurance#investments
First Quantum Minerals Ltd. has signed a mandate and indicative term sheet with Standard Bank Group and WestLB AG as…
#bank#debt facility#export credit insurance