Line of business: Trade credit Page 2 / 3
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- July 15 2025
Trade risks increase for Singapore, Malaysia, Thailand as US tariffs bite: Coface
Global trade credit insurer downgrades risk assessments for the Southeast Asian trio, 'highlighting the intensifying vulnerabilities of highly trade-reliant economies'.
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- June 26 2025
Bridge Specialty taps Chan Hon Kian as head of trade risk for Singapore’s Acorn International Network
Chan brings over 18 years of experience in credit insurance, having worked for Howden Insurance Brokers, Lockton and Aon.
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- June 25 2025
Trade credit insurance in high demand amid uncertain times, but pricing anomaly emerges: Coface’s Hugh Burke
Amid a relatively benign claims environment, pricing is still soft, but the APAC CEO says it should increase as 'it's not aligned to the risks we're taking anymore'.
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- May 30 2025
Even as Trump’s tariffs are halted by US court ruling, trade credit insurers had avoided a ‘knee-jerk reaction’
Ian Leslie, managing director and UK head of trade credit at Marsh Specialty, says insurers had been taking a wait-and-see approach even before a federal court dealt a major blow to the new US administration.
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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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- 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 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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- November 8 2024
Sinosure limits trade credit insurance for exports to Russia: report
The Chinese state-owned carrier has reportedly started refusing to insure supplies against the risk of non-payment to Russia fearing payment disruptions and secondary sanctions.
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- July 15 2024
Trade credit insurers expect ‘harder’ market as insolvencies return to pre-Covid highs
A 'buyer’s market' prevails as claims have yet to exceed pre-pandemic levels. But rising geopolitical and trade tensions have boosted intra-Asia trade and insurance demand, with some carriers expanding investments in the region.
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- June 6 2024
WTW appoints Alexandra Low as head of trade credit for Hong Kong
Low will report to Lee Garvey, head of financial solutions, Asia Pacific, and Iris Chan, head of corporate risk and broking for Hong Kong and Macau.
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- May 13 2024
Italian trade credit insurer SACE opens offices in Singapore and Vietnam
The government-backed export credit agency and insurer will look to facilitate Italian businesses operating in South-East Asia.
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- April 23 2024
Gallagher acquires trade credit broker Prasidium in Australia
Directors Mark Smith, Stuart Prendergast, Mark Browning, Paul Daniele and their team will join Gallagher offices across Australia.
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- April 8 2024
Aon’s Dan Chapman rejoins Lockton Australia as director for trade credit, surety and political risk
As one of the founding members of Lockton Australia in 2012, Chapman will work closely with Liam Berry, head of surety, trade credit & political risk at the broker.
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- July 17 2023
Japan to offer trade credit insurance for LNG shipments
State-owned Nippon Export and Investment Insurance will cover lenders against political risks, including war, natural disasters, transfer/convertibility restrictions, and commercial risks.
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- June 6 2023
WTW hires Alex Bursak for new APAC trade credit role
Singapore-based Bursak was previously business development director and APAC head of trade credit at tech firm LiquidX.
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- May 17 2023
Opinion: Will the APAC trade credit market rise to the looming insolvency challenge?
With corporate risks expected to rise across Asia, carriers need to up their game and evolve more sophisticated methods of risk assessment.
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- March 17 2023
Indian trade credit specialist Origin ties up with AU Group to expand offering
The partnership will help the Indian carrier offer coverage for political risk, non-payment, bankruptcy and insolvency.
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- January 31 2023
Asia trade credit market hardens, prepares for insolvencies
Higher demand and prices are helping insurers buffeted by supply chain disruptions, economic headwinds and less government support.
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- September 26 2022
WTW eyes Australia trade credit market with senior hire
Sydney-based Alistair Hewson, who will lead the team, has previously worked at Allianz Trade and Atradius.
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- July 6 2022
Asia trade credit hardening triggered by insolvency risk
Rising interest rates and reduction of Covid support heighten threat, but market players confident on growth.
