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...
Trade Credit Insurer Euler Hermes Rebrands as Allianz Trade March 28, 2022 Euler Hermes, the world leader in trade credit insurance, has rebranded as Allianz Trade. The company described the name change...
Russia’s Invasion of Ukraine to Spur More Claims Inflation: Moody’s March 10, 2022 Although insurance penetration in Ukraine and Russia is low, global insurers will face secondary impacts from greater financial market volatility...
Willis Towers Watson Launches Risk and Analytics Model for Trade Credit Insurance December 22, 2021 Willis Towers Watson announced it has launched a new risk and analytics model for the trade credit market. The model...
Greensill’s Business Model Risks ‘High Level of Harm’; New Rules Needed: UK Watchdog December 3, 2021 By Huw Jones The business model used by collapsed supply chain financing firm Greensill Capital is causing a “high level of harm” and...
Xenia Buys UK Trade Credit and Surety Broker, Peter Hill Credit & Financial Risks December 1, 2021 The credit insurance and surety specialist, Xenia Broking Group, announced it has acquired Peter Hill Credit & Financial Risks Ltd.,...
Xenia Acquires Financial and Specialty Business of London Broker Parker Norfolk November 9, 2021 Xenia Broking Group Ltd. reports it has has acquired the trade credit and financial and specialty risk teams from specialist...
People Moves: Aon’s Bonner to TigerRisk; Trivitt Promoted at AXIS, RSA’s Birre Julvécourt to BHSI in France June 2, 2021 This wrap-up of international People Moves details recent appointments at TigerRisk Partners (which is launching a global trade credit, surety...
Xenia Broking to Acquire UK-Based Credit Insurance Alliance (Brokers) April 14, 2021 Xenia Broking Group, the London-based credit insurance and surety specialist, announced it has entered into an agreement to acquire Credit...