For credit managers at companies looking to mitigate their payment risks, credit insurance
policies are a staple in the trade credit industry.
XL Catlins reinsurance operations today announced the publication of its Global Credit Insurance
Monitor 2017, which suggests significant potential exists to expand credit insurance
protection by developing more flexible and/or tailored products to support insureds.
com)-- Atradius Credit Insurance
Names Industry Leader Jonathan Handen as Senior Manager - Special Products Unit.
Summary: Casey Bell, Head of Trade Credit GCC at AIG says that the trade credit insurance
sector is set to bolster UAE trade, especially in volatile times
With the Bank of England recently cutting its outlook for UK growth amid growing economic turbulence, trade credit insurance
continues to provide cover and reduce the risk to small businesses if customers that owe them money do not pay their debts or pay them late.
Another solution that companies can use to manage risk is trade credit insurance
, a Business Insurance product that protects a seller against losses from nonpayment of a commercial trade debt, which is especially valuable to the energy industry, says Jay Rose, managing director of Euler Hermes Energy.
Updated banking regulations and a greater ability for banks to benefit from the financial strength of insurers are helping banks and lending institutions use trade credit insurance
to bolster their bottom lines and better meet regulatory standards.
Abu Dhabi: Al Hilal Takaful, the insurance subsidiary of Al Hilal Bank, signed a distribution agreement in Abu Dhabi with Euler Hermes, a trade credit insurance
Al Hilal Takaful, the takaful insurance subsidiary of Al Hilal Bank, has signed a distribution agreement in Abu Dhabi with Euler Hermes, a provider of trade credit insurance
SeeNews) - Jan 7, 2015 - US insurance broking and risk management firm Marsh LLC, a wholly-owned subsidiary of Marsh & McLennan Companies Inc (NYSE:MMC), said today it had bought Trade Insure NV, a Belgian distributor of credit insurance
14 October 2013 -- Mayland USA-based credit insurance
, surety and collections services firm Atradius said that Kevin L Major has been named vice president and head of broker gateway for Atradius Trade Credit Insurance
Trade credit and credit insurance
are therefore of systemic importance for world trade," he said.