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reinsurance

NEXI signs reinsurance framework agreement with ECGC

Nippon Export Investment Insurance (NEXI), the Japanese export credit agency, has signed a reinsurance framework agreement (Agreement) with ECGC Limited (ECGC), the India’s export agency.The Agreement was signed between Mr. Sristiraj Ambastha (Chairman-cum-Managing Director) and Mr. Kazuki Hondo (Managing Executive...

#exports#insurance#investment

Coface publishes the results for first trimester 2022

Coface has released the first three months of 2022 results. Key ratios are presented below:Turnover: €431m, up 12.8% at constant…

#economic outlook#reinsurance#risk


Coface announces record income for 2021

Coface publishes their financial results for 2021 and shows record income for the year.Main results are presented below:Turnover: €1,568m, up…

#confirming#management#Paid


David Gansberg joins the Board of Directors of Coface

The Board of Directors of COFACE SA co-opted today David Gansberg, Chief Executive Officer... (more…)

#insurance#reinsurance#Vice president


BRC calls for extension to trade credit reinsurance scheme

The British Retail Consortium (BRC) has requested to the business... (more…)

#reinsurance#risk#trade


Further trade credit losses expected for re/insurers in 2020,...

As a result of the ongoing global economic crisis... (more…)

#reinsurance#trade credit insurance


Arch Capital to acquire 29.5% stake in Coface

Arch Capital Group Ltd., the Bermuda headquartered insurance and reinsurance specialist, is acquiring a... (more…)

#bank#management#Natixis


New currency control regime In Ukraine to impact factoring...

On 4 January, the National Bank of Ukraine (NBU) approved and published a number of regulations... (more…)

#bank#funding#guarantees


Euler Hermes anticipates a stable renewal

Benoît des Cressonnières, chief executive officer of Euler Hermes Reinsurance, with responsibility for... (more…)

#bonds#reinsurance#risk


New financing options for SME to emerge – Romania’s...

The draft bill for the creation of the Romanian Development Bank was approved by the Senate... (more…)

#bank#financial institution#guarantees


Allianz files tender offer for Euler Hermes shares

Allianz has filed a tender offer for outstanding shares in trade credit insurer Euler Hermes in a EUR122-per-share bid with…

#Allianz#global trade#reinsurance


Export Guarantee Fund of Iran and Finnerva signed an...

Export Guarantee Fund of Iran (EGFI) signed an agreement with Finland’s state-owned export credit agency, Finnvera, on... (more…)

#exporters#guarantee#reinsurance

New Law on Credit Bureaus comes into force

The New Law sets out for Azerbaijan the principles of building a credit history and determines how such information can…

#bank#banks#financial services

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