Line of business: Trade Credit Page 6 / 7
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- April 12 2021
India publishes proposed trade credit insurance guidelines
IRDAI move comes after the collapse of Greensill Capital last month.
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- March 30 2021
Ever Given: wider marine insurance market to see limited impact
AGCS expert tells IAN it is still too early to predict overall losses.
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- March 26 2021
Marsh complaint unlikely to hold water in Greensill saga
Directors at Credit Suisse are reported to have said that the broker didn’t wave any "red flags" about cover.
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- March 26 2021
Container ship stuck in Suez Canal to trigger ‘large losses’
Insurers could be on the hook for salvage bill and liability claims from the stricken Ever Given, experts tell IAN.
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- March 23 2021
Credit Suisse flags Marsh role in Greensill collapse: report
FT highlights phone calls between bank and broker where no "red flags" were raised.
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- March 17 2021
Euler Hermes appoints Shan Aboo as Asean CEO
The regional director will relocate from Hong Kong to Singapore to take up the role.
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- March 11 2021
Asia’s low profile trade credit market to soothe Greensill shock
Tokio Marine insists exposure is manageable amid shareholder concerns.
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- March 9 2021
IAG sale of BCC in spotlight amid Greensill collapse
Australian insurer says it sold stake in trade credit player to Tokio Marine before the disputed policies were written.
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- March 8 2021
Greensill Capital: BCC underwriter ‘exceeded authority’
Court documents seen by IAN put the spotlight on two trade credit policies issued by the Tokio Marine subsidiary.
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- November 5 2020
SIRC: Data, digital and fewer barriers to boost supply chains
Senior market players shared their views on the outlook for investment and cooperation.
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- July 15 2020
WTW names APAC head of financial solutions
The broking giant has also promoted Stuart Ashworth.
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- June 25 2020
Thailand’s trade risks spike as claims bite
There have been multiple claims in this space.
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- April 30 2020
Reinsurers’ Covid-19 trade credit problem
P&C players are more exposed to global trade than business interruption.
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- February 26 2020
Arch’s Grandisson: Coface stake “strategic” as Asia reach grows
US$520m deal gives Arch a 29.5% stake in the trade credit player which covers 17 APAC markets.
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- December 9 2019
Will political risk abate in 2020 as focus falls on WTO?
As political risk claims rise, don't bet on complex situations resolving quickly.
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- September 13 2019
Sinosure ups cover as US China trade conflict intensifies
Chinese export player is offering plenty of help and could be challenged for relaxing rules.
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- August 29 2019
Japan’s PM makes Africa trade credit pledge
The move from Shinzo Abe will could provide cover for "100% of transactions" to the continent.
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- August 27 2019
Euler Hermes hires former AIG director in China
Christopher Shortell is leading one of the trade credit insurer's fastest growing markets.
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- July 22 2019
PE firm Apollo approaches Coface: report
The deal could heighten competition in the trade credit insurance space.
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- June 12 2019
Uncertainty moves up the risk agenda
Businesses are being forced to respond faster to a rapidly changing world.
