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...
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,...
Arthur J. Gallagher & Co. Acquires Australia’s Prasidium Credit Insurance April 23, 2024 Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced the acquisition of Australia’s Prasidium Credit Insurance. Terms of...
Double Whammy of Insurance and Energy Costs to Trigger UK Insolvencies, PwC Warns January 26, 2023 By Irina Anghel More than 30,000 British companies went bust last year, with accountants warning of a “double whammy” to come in April...
Xenia to Buy UK Trade Credit Insurance Broker Linda Scott Associates December 6, 2022 Xenia Broking Group Ltd. (XBGL) announced it has agreed to acquire the trade credit insurance business of Linda Scott Associates...
Dutch Government to End Credit Insurance for Fossil Fuel Exports November 4, 2022 The Dutch government on Thursday said it intends to stop giving companies and banks credit insurance for exports in the...
Japanese Insurer Tokio Marine Says Greensill Obtained Policies Fraudulently April 4, 2022 Companies linked to insolvent British financier Lex Greensill obtained insurance fraudulently, insurer Tokio Marine said on Monday, adding it did...