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Trade Credit tag returned 97 results

  • India: IRDAI panel proposes increase in trade credit insurance cover

    A working group formed by the insurance regulator IRDAI, to revisit existing guidelines on trade credit insurance, has proposed several changes to improve the credit insurance market and meet the requirements of various stakeholders involved in trade related transactions.

    Asia | 26 May 2020
  • Asia-Pacific companies face heightened cash-flow risk

    Three-quarters of companies in Asia Pacific have suffered from unpaid or delayed receivables in a survey conducted between December 2019 and February 2020, reflecting the impact of the US-China trade feud and the COVID-19 pandemic.

    AIRPlus | 21 May 2020
  • UK govt to support businesses through trade credit insurance guarantee

    Businesses with supply chains which rely on trade credit insurance and who are experiencing difficulties in maintaining cover due to COVID-19 will get support from the government, said UK economic secretary to the treasury John Glen.

    Asia | 15 May 2020
  • Africa: Trade insurance agency seen as able to withstand difficult 2020

    The African Trade Insurance Agency (ATI) remains capable of weathering the effects of economic difficulties, particularly during 2020 when the world's economy has been hit by the COVID-19 pandemic, says S&P Global Rating in its annual assessment of the agency's performance.

    Africa | 04 May 2020
  • Togo: 18th African country to join African Trade Insurance Agency

    The government of Togo has announced completion of the country's membership of the African Trade Insurance Agency (ATI), becoming the 18th African sovereign shareholder of the agency.

    Africa | 27 Apr 2020
  • Middle East: Islamic credit insurer contributes to COVID-19 fund

    The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) is providing a $150m insurance facility as part of the COVID-19 response initiated by the Jeddah headquartered Islamic Development Bank (IsDB) Group.

    Middle East | 14 Apr 2020
  • Global: Oil market turmoil expected to be temporary - Atradius

    The current volatility in the oil market is a short term phenomenon and will not persist in the long term, according to Atradius which provides trade credit insurance, surety and collections services worldwide.

    Middle East | 02 Apr 2020
  • Rising trade tensions threaten political stability

    A new report 'The Political Risk Map 2020' produced by Marsh JLT Specialty's Credit Specialties Practice, based on data from Fitch Solutions, says, "Escalating trade tensions are expected to continue throughout 2020 and will result in persistent global political and economic uncertainty for multinational businesses."

    Asia Risk | 11 Mar 2020
  • Africa: Islamic credit insurer leverages its capital to provide guarantee solutions

    Jeddah-headquartered Islamic credit insurer, Islamic Corporation for the Insurance of Investment & Export Credit (ICIEC), says that it has the ability to leverage its capital through the reinsurance market.

    Africa | 09 Mar 2020
  • Covid-19 places $122bn of Chinese trade exposure at risk

    The worst coronavirus-related fears of global insurers and risk managers might be realised soon with the outbreak likely to cause massive business interruption and unbalance existing global supply chains. With the virus first spreading across China from January 2020, its effects on trade are gradually being seen among Chinese companies according to findings from risk-modelling firm Russell Group.

    Asia | 03 Mar 2020

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