Line of business: Trade Credit Page 1 / 7
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- May 6 2025
Allianz Trade’s Rodrigo Jimenez to succeed Paul Flanagan as Asia Pacific CEO
Jimenez, who is currently regional commercial director for northern Europe with the trade credit insurer, will take charge on October 1.
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- April 24 2025
China to boost insurance support for cross-border trade amid tariff tensions
Action plan outlines protection across all foreign trade scenarios for enterprises expanding overseas to protect Chinese companies' offshore assets.
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- April 23 2025
IAG aware of ‘billions of dollars’ of policies issued to Greensill: report
Troubled bank's administrator alleges the Australian insurer 'represented' that Bond & Credit Company had the authority to underwrite policies on its behalf, according to a report by the Australian Financial Review.
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- April 15 2025
US tariffs could manifest in reduced demand for insurance globally: AM Best
Lines that are likely to be impacted include trade credit, political risk, marine, energy, motor and property insurance as well as surety, D&O and workers’ compensation.
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- April 11 2025
‘Tariffs are just one piece of the puzzle’: Aon’s Asia head of shipping
Oliver Miloschewsky tells IAN's Between The Lines podcast that 'tariffs are easy to impose, but the effects tend to be very long-term'.
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- April 7 2025
Donald Trump’s ‘Liberation Day’ tariffs set to see firms turn to trade credit insurance: Aon
Trade credit, political risk insurance and surety to secure non-payment risk, enhance finance and protect investments are some of the mitigation solutions businesses may need to explore, says Aon's head of credit solutions for Asia, Steve Taylor.
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- April 4 2025
Trump’s tariffs on Asia to strain supply chains and regional economies
As markets react negatively, experts warn of potential vulnerabilities, particularly in sectors like specialty insurance and agriculture, highlighting the far-reaching implications of escalating trade tensions.
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- April 2 2025
Trade credit: Amid trade war, APAC firms must stay agile and ensure adequate protection
The US has implemented a new tariff regime across industries and countries, with import duties being a central aspect of US economic and foreign policy. These measures aim to protect domestic industries from what the US government perceives as unfair trade practices, global excess capacity, and imbalanced trading relationships. The policy includes mainland China, delayed […]
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- March 26 2025
Any port in a storm: Trump’s US port fee threat rocks the boat, but what does it mean for insurers?
Proposed US$1.5m levy per port call for ships with Chinese ties adds a layer of complexity for shipowners, charterers, and cargo interests.
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- March 25 2025
Wongi Kim to succeed Andy Ryoo as Allianz Trade’s South Korea country manager
Ryoo, who has worked at the trade insurer for 22 years, is retiring.
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- March 18 2025
APAC business insolvencies to grow by 5% in 2025: Allianz Trade
Taiwan (+8%), South Korea (+3%) and Hong Kong (+2%) will see insolvencies continue to rise in 2025 due to weaker external demand and lagging effects of prolonged high interest rates.
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- March 17 2025
Seoul Guarantee shares rally 23% on Kospi debut
Insurer also confirms a 2024 year-end dividend of US$138m for investors holding shares through April.
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- March 14 2025
MSIG expands Hong Kong, Singapore political risk and trade credit lines with US tie-up
Partnership will help carrier capitalise on growing demand for specialised cover in the region, leveraging US-based underwriting expertise alongside strong local presence and market knowledge.
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- March 10 2025
KDIC recovers US$125m in public funds from Seoul Guarantee IPO
The state-owned Korean Deposit Insurance Corporation sold 10% (6,982,160 shares) of its total issued shares (93.85%) through the listing of Seoul Guarantee, and is expected to sell the remaining equity to recover an additional US$3.4bn.
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- March 7 2025
Gallagher India bolsters trade credit team with new head
Bengaluru-based Bijukumar S., who has developed and managed multiple credit insurance programs across the country, joins the broker as national head of the line.
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- March 5 2025
Seoul Guarantee prices IPO at bottom end of range to raise US$124m
KDIC-owned surety and credit insurer will offer shares at US$17.8 apiece and will start trading on March 14.
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- February 26 2025
Insurance Authority welcomes ILS pilot grant scheme extension in Hong Kong budget
Government extends scheme for insurance-linked securities (ILS) for three years, following 'favourable' response, Financial Secretary Paul Chan says.
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- February 18 2025
Swiss Re CorSo adds Aristya Wu as underwriter to APAC trade finance, working capital solutions team
Singapore-based Wu joins from Allianz Trade having also worked for Liberty Specialty Markets, Aon and AIA.
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- February 17 2025
Seoul Guarantee scales down IPO valuation by 39% to US$1.5bn: reports
Korean surety and credit insurer reduces its expected offer price range to US$18-22 per share from US$27-36.
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- February 13 2025
As Trump plays a ‘treacherous trade game’, tariffs solve nothing, leading underwriter says
Sean Dalton, vice president of the International Union of Marine Insurance (IUMI), says the rising risks of an all-out trade war between the US and China are a huge concern for insurers and clients.
