Credit Insurers Stopped Backing Toys ‘R’ Us a Year Ago March 19, 2018 By Richa Naidu, Tracy Rucinski and Melissa Fares When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid...
Allianz Raises Stake in Credit Insurer Euler Hermes to 92.43% February 14, 2018 Allianz Group has successfully increased its stake in the leading credit insurer Euler Hermes to 92.43 percent. In November, Allianz...
Allianz Eyes Buying Remaining Stake in France’s Euler Hermes: Sources June 8, 2017 By Dinesh Nair, Manuel Baigorri, Oliver Suess and Ruth David Allianz SE is exploring a plan to take Euler Hermes Group private, buying the shares it doesn’t already own in...
XL Catlin Offers Political Risk, Credit & Bond Insurance in Canada; Zurich’s Azzopardi Named Lead U/W May 31, 2017 XL Catlin has opened its first Political Risk, Credit and Bond (PRCB) insurance practice in Canada and has appointed Marvin...
China Firms View Political Risks as Top Concern for Belt & Road Project May 23, 2017 By Ting Shi As the global limelight fades from President Xi Jinping’s “Belt and Road” summit, the main actors — Chinese state-owned companies...
JLT Risk Solutions Hires 2 Execs for Credit, Political & Security Risks, M&A Division August 25, 2015 JLT Risk Solutions AB, a member of the Jardine Lloyd Thompson Group plc, has appointed Magnus Toftgård and Magnus Lindgren...
Toys ‘R’ Us Facing Credit Insurance Woes As It Restructures July 28, 2015 By Lauren Coleman-Lochner and Jodi Xu Klein Insurance companies are cutting back on their coverage of Toys “R” Us Inc. suppliers, bringing another headache to a retailer...
AXA Enters Exclusive Negotiations to Buy Genworth Lifestyle Protection Insurance July 22, 2015 Paris-based AXA has entered into exclusive negotiation with Genworth Financial to acquire 100 percent of Genworth Lifestyle Protection Insurance (Genworth...
A.M. Best: Eurozone Insurers Remain Robust Despite Instability in Greece July 10, 2015 The impact of Greece exiting the eurozone is likely to hit market confidence in the region, although (re)insurers operating in...
Marsh Acquires Trade Insure NV in Belgium January 7, 2015 Marsh, a global leader in insurance broking and risk management, announced it has acquired Trade Insure NV, a distributor of...