Commercial risk

Commercial risk

The risk that a debtor will be unable to pay its debts because of business events, such as bankruptcy.
References in periodicals archive ?
The small business division within the multi-line property and casualty insurers, ACE Group, ACE Commercial Risk Services named on Thursday Tom McGrath as senior vice president (SVP) and head of Programs, Bill Franchi as SVP of Programs and Bill Sharp as chief operating officer of Programs for US and Canada.
McGrath, joining Ace from Munich Re America, will oversee all underwriting, marketing, and operations for Ace Commercial Risk Services admitted and non-admitted program insurance business and manage a team of underwriters from Philadelphia.
Dodd-Frank said that nonfinancial companies who use derivatives to hedge commercial risk don't have to "clear" the derivative trade through a swap data repository (SDR).
Gatehouse Napier is claimed to be the world's first Sharia-compliant insurance broker offering premium takaful and re-takaful commercial risk solutions in London.
Most of the recent research is focusing on general enterprise risk management (Hampton, 2009) and financial institution commercial risk management (Hull, 2009).
Many commercial insurers have failed to keep pace with the unprecedented changes in commercial risk, and the findings have revealed significant flaws in the way commercial risk is assessed and insurance placed," said Achim Bauer, partner at PricewaterhouseCoopers.
The Coface Group, a French company that handles export credit insurance and commercial risk management, this summer put both countries on a "rating watch" with negative implications, along with Taiwan and Brazil.
CHICAGO -- Insurance Noodle, part of Willis North America, a unit of Willis Group Holdings plc (NYSE: WSH), the global insurance broker, today announced that its online quoting platform for small commercial accounts has added the management and professional liability products of ACE Commercial Risk Services([R]) to its offerings.
Nasdaq: TBBK), has joined with ACE Commercial Risk Services[R], part of the ACE Group, to launch a prepaid card that can quickly deliver financial benefits to ACE Commercial Risk Services' customers impacted by natural disasters.
to support the growth of ACE Commercial Risk Services([R]), which provides specialty products and solutions for small businesses in North America.
PHILADELPHIA -- The ACE Group of insurance and reinsurance companies today announced the formation of ACE Commercial Risk Services([R]), a division that provides specialty products and solutions for small businesses in North America.

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