Hopes of ‘Brexit Benefit’ From Tariffs in UK Were Short-Lived April 11, 2025 The US has decided – again – to upend the global trading system. With the latest raft of tariffs just...
Canadian Exporters Inquire About Trade Credit Insurance as Trump’s Tariffs Raise Risk April 11, 2025 By Promit Mukherjee A little-known insurance product is gaining traction in Canada as exporters seek to guard against losses and bankruptcies of their...
Global Credit Starts to Wobble as Market Pain Spreads April 7, 2025 By Tom Westbrook and Amanda Cooper Global credit markets began to come under fire on Monday, driving the cost of insuring against corporate and sovereign default...
Crum & Forster Sells Credit Insurance Division to Amynta December 27, 2024 Insurer Crum & Forster, a subsidiary of Fairfax Financial Holdings Limited, has sold its C&F Credit Division to Amynta Group....
Swiss Re Among Firms in $3 Billion Credit-Risk Deal for International Finance Corp. December 18, 2024 By Esteban Duarte and Jorgelina do Rosario Swiss Re AG, Tokio Marine Holdings Inc., AXIS Capital Holdings Ltd. and AXA SA are among providers of $3 billion...
Geopolitical Conflict Could Cost Global Economy $14.5 Trillion Over 5 Years: Lloyd’s October 10, 2024 By L.S. Howard The global economy could be exposed to losses of US$14.5 trillion over a five-year period from the threat of a...
Southern Water’s Credit Risk at Record High Amid Thames Water Woes October 1, 2024 By Laura Benitez and Giulia Morpurgo Southern Water’s credit risk has soared to a record high in recent days as hedge funds scramble to protect themselves...
Broker Clear Group Buys UK Credit Insurance Specialist Rycroft Associates June 14, 2024 The Clear Group, the London-based independent broker, announced it has acquired the book and assets of credit insurance broker Rycroft...
Zombies: Ranks of World’s Most Debt-Hobbled Firms Soaring, and Not All Will Survive June 13, 2024 By Bernard Condon They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival,...
Thames Water Debt Insurer Taps Advisers as Crisis Deepens April 26, 2024 By Jessica Shankleman, Giulia Morpurgo and Lucca de Paoli A US insurance firm with at least $2 billion in exposure to Thames Water Utilities Finance Plc is working with...