Line of business: Trade Credit Page 6 / 8
-
- November 15 2022
Allianz Trade appoints Domenico Lup CEO of Asean
Lup will relocate to Singapore and report to regional CEO Paul Flanagan.
-
- 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.
-
- September 13 2022
Allianz Trade promotes two execs to APAC roles
Malgorzata Cybulska-Dusson joins as regional head of claims & collection and Amol Zambre as regional head of information & grading.
-
- August 19 2022
Credit Suisse arm files 18 Greensill-related claims totalling US$2.2bn
The asset manager has filed claims for "all insurable losses", according to document reviewed by IAN.
-
- July 12 2022
APAC free trade pact could boost premiums by US$29bn
With 16 countries involved, RCEP will increase demand across lines including marine, trade credit and engineering.
-
- 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.
-
- June 20 2022
Markel ramps up multi-buyer trade credit in Asia
The carrier says that as a specialist player it can offer greater flexibility in its products.
-
- April 14 2022
Insurers face rising non-payment risk in China
Ukraine crisis, high commodity prices, rising interest rates and the latest surge in Covid-19 cases are all factors.
-
- January 17 2022
Credit Suisse files claims with US$1.17bn exposure related to Greensill
The five claims are revealed as the bank tries to recoup more money after the supply chain financier's collapse.
-
- October 15 2021
Asia’s political risk market adapts to Zurich exit
The Swiss insurer is no longer a major market player and capacity in unlikely to be affected, but talent could leave.
-
- October 11 2021
Trade credit claims to spike in 2022
Withdrawal of support for businesses predicted to fuel 18% spike in insolvencies.
-
- September 30 2021
India to list state-owned export credit insurer in 2022
New Delhi earmarks INR44bn cash injection over five years to increase ECGC's underwriting capacity.
-
- September 17 2021
End of Covid stimulus threatens trade credit market
Low claims environment expected to reverse as pandemic relief measures unwind.
-
- July 9 2021
Hong Kong’s trade credit insurer sees claims fall US$64m
The government body posted an underwriting profit of US$3m.
-
- July 1 2021
LiquidX gets Singapore brokerage licence
The trade credit fintech has been given the greenlight from the MAS to set up shop.
-
- June 25 2021
Asia’s rising trade credit claims to be offset by growth
Insolvencies are up but an economic recovery should benefit insurers.
-
- June 16 2021
Credit Suisse prepares Greensill claims–report
A Tokio Marine subsidiary provided the trade credit insurance for the bankrupt supply chain finance firm.
-
- May 25 2021
Euler Hermes appoints new APAC CEO
Company veteran Paul Flanagan to begin on July 1 as Holger Schäfer handed new role at the global trade credit player.
-
- April 15 2021
Trade credit insurers brace for insolvency uptick
2021 expected to bring a sharp rise in bankruptcies as fiscal support measures end.
-
- April 12 2021
India publishes proposed trade credit insurance guidelines
IRDAI move comes after the collapse of Greensill Capital last month.
