Sector - Credit & Political Risk Insurance
ATI opens office in Kigali
The African Trade Insurance Agency has opened a representative office in Kigali, Rwanda to grow its business in the energy, ICT, infrastructure and transport sectors.
Ace launches trade credit portal
Political risk insurer Ace has launched ACE 360, a web portal allowing clients to monitor and administer their trade credit policies online.
JLT names capital risks director
Risk insurer Jardine Lloyd Thompson has appointed Mark Wong as regional director in its capital risks team in Asia.
XL names political risk team
XL Insurance has named the three former QBE members that have joined its global political risk and trade credit team in London.
Emea insurance rates expected to rise
Insurance rates for natural catastrophe risk and supply chain perils are expected to continue increasing in 2012 across Emea.
Equinox Global makes new hire
Sierra Leone steams ahead
The first shipments of iron ore have left Sierra Leone, heralding a new era of growth for the West African nation. Paige McClanahan reports from Freetown.
Nuclear insurance platform launched
Insurance broker Marsh has helped launch Northcourt − a new managing agent for the nuclear insurance market.
FDI flows fail to return to pre-crisis levels
Foreign direct investment flows are forecast to increase to US$1.5trn in 2011, but will not return to the pre-financial crisis highs of US$2.3trn.
Berne Union warns against EU indecision
Today’s summit held in Brussels by the leaders of the European Union will propose solutions to Europe’s sovereign debt crisis.
ATI names underwriting officer
The African Trade Insurance Agency has appointed Jef Vincent as chief underwriting officer.
Ofid and StanChart extend trade risk programme
Standard Chartered Bank and the Opec Fund for International Development have increased their trade finance portfolio risk participation programme to US$1bn.
Abu Dhabi bank joins GTFP
Abu Dhabi-based Union National Bank is the latest bank to join the IFC’s global trade finance programme.
Japan seals Iraqi trade ties
As a sign that ECA-supported financing is growing in Iraq, Nippon Export and Investment Insurance has signed new framework agreements with Iraqi institutions.
IFC introduces trade insurance policy
The IFC has taken out a US$532mn trade credit insurance policy to expand the capacity of its global trade finance programme.
