Credit & Political Risk Insurance - Sectors - Global Trade Review - The world's leading international trade finance and export finance magazine

July 20, 2010

Industry reflects on tarnished reputation

UK-based trade credit underwriters and brokers gather to debate how the industry can improve its image and performance, having faced criticism over cutting cover limits.

July 06, 2010

Sace reaches Sub-Saharan milestone

Italy’s export credit agency Sace has revealed that it has reached a €1bn milestone of insured transactions in Sub-Saharan Africa.

June 14, 2010

ICISA chooses new president

The International Credit Insurance and Surety Association (ICISA) has appointed Joaquin de la Herran as its new president.

June 02, 2010

ICIEC sets up in Dubai

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has increased its presence in the Middle East by opening a representative office in Dubai.

May 27, 2010

Chubb to stop all PRI

International insurance group The Chubb Corporation has announced that it will cease writing all political risk and structured trade credit business.

May 20, 2010

Trade & project boom expands financing windows

Trade and export financiers are manoeuvring to catch the infrastructure and commodity wave driving the Indian economy, writes Kevin Godier.

May 20, 2010

Legal Review: Pens at the ready

With a host of restructurings taking place last year, law firms were never without work. But there are signs that the era of refinancing and workouts is now over. Helen Castell reports.

May 06, 2010

Markel International launches new trade team

Property and casualty insurer Markel International has launched a new trade credit division.

April 29, 2010

Gallagher expands political risk team

After spending a decade developing FirstCity's political risk practice, Mark Gubbins is heading up a new political risk team that will join insurance broker Arthur J Gallagher.

April 27, 2010

LloydsTSB grants Lancashire LC

Bermuda-based insurers Lancashire Insurance Company has entered into a US$200mn bilateral two year letter of credit (LC) facility with Lloyds TSB.

April 26, 2010

ICISA praises credit insurers' responses

The International Credit Insurance and Securities Association (ICISA) has revealed that credit insurers lived up to their obligations during the financial crisis.

April 23, 2010

Insurers called to speed up response times

Clients are keen to see all insurers act in a “timely” manner when dealing with issues surrounding trade finance debt restructurings, says Marian Boyle, partner, insurance and reinsurance, at Denton Wilde Sapte (DWS).

March 16, 2010

Demand soars for insurance in Asia

Demand for credit and political risk insurance (PRI) in the Asia markets is rising as the region’s economy improves. But commercial risk-taking appetite will have to increase to ensure recovery is sustainable, argues Kevin Godier.

March 16, 2010

Coface expands underwriting model

Coface has refuted criticism over the retraction of its limits during the height of the financial crisis. The insurer is now set to review the way it assesses and prices risk in the future. Kevin Godier reports.

February 05, 2010