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Allen & Overy has acted for the Department for Business, Enterprise Regulatory Reform (BERR) on a new £5bn reinsurance scheme intended to support UK businesses (more…)
#liquidity#trade#trade credit insurance
The CEO of the UK's largest credit insurer has dismissed accusations that companies have been driven into administration by the withdrawal of…
#Atradius#credit risk#management
The European Commission authorises Luxembourg's top-up credit insurance scheme. (more…)
#export credit insurance#exporters#risk
The European Commission has authorized a measure adopted by Luxembourg to provide top-up credit insurance coverage for companies. (more…)
#DEC#European Commission#trade
Insurance claims by companies left unpaid for goods supplied to firms that went bust soared more than 50% in the…
#Atradius#guarantees#payment terms
US businesses are increasingly seeking credit insurance as security, while the industry looks for new safer industry sectors to fill…
#management#security#trade
CBI suggests that banks concentrate upon alternative channels of funding. (more…)
#bank#Bank of England#interest rates
Businesses in Northern Ireland turn down work as insurance dries up amid the downturn. (more…)
#bad debts#forum#risk
The credit crunch will get worse for British firms without government action to improve access to new finance, business group…
#Clear#funding#Jobs
A £5billion scheme to help tens of thousands of companies that are struggling to secure crucial credit insurance will be…
#Atradius#forum#international
Euler Hermes has defended its decision to restrict the terms of its cover, saying the move will help customers weather…
#Atradius#recession#risk
Despite warm welcome for the government's £10bn loan guarantee scheme, concerns remain about whether it'll take effect soon enough to…
#bank#insolvency#smes
Business Secretary Lord Mandelson has attacked trade credit insurers for overreacting to the economic slowdown by withdrawing cover used by…
#conference#risk#small businesses