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IAG says Credit Suisse Greensill settlement is not final...

Insurance Australia Group has said a settlement with Credit Suisse entities over Greensill-linked trade credit insurance litigation has not been finalised, after reports that the parties had reached terms and a Federal Court hearing scheduled to begin this week was...

#BCC Trade Credit#Credit Suisse#Greensill Capital

Pak EXIM adds PKR3bn SME risk pool and ICIEC...

Pakistan's Export-Import Bank has added two layers of risk support for exporters, signing a reinsurance agreement with the Islamic Corporation…

#buyer default#export credit insurance#Export Development Fund


Africa Specialty Risks investment signals growth in political risk...

Vitruvian Partners has agreed to make a strategic investment in Africa Specialty Risks, the developing markets-focused reinsurance group, in a…

#Africa#Africa Specialty Risks#political risk insurance


Convex Lloyd’s syndicate adds fresh capacity for political risk...

Specialty re/insurer Convex Group has received approval to launch a Lloyd’s syndicate with a portfolio that includes political risk and…

#Convex#CPRI#Lloyds


BPL launches reinsurance division as credit risk demand grows

Credit and political risk insurance broker BPL has launched a dedicated reinsurance division as demand grows for capacity across credit,…

#BPL#political risk insurance#reinsurance


Ukraine unveils €1.5bn trade reinsurance scheme to unlock financing...

Ukraine has launched a €1.5 billion trade reinsurance mechanism aimed at restoring access to trade finance and supporting cross-border commerce…

#export credit agency#reinsurance#risk mitigation


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…

#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

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