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Trade Credit tag returned 91 results

  • 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
  • GCC: Saudi and UAE agencies boost crossborder collaboration

    Etihad Credit Insurance (ECI), the UAE Federal export credit company has partnered with the Saudi Fund for Development (SFD) to promote financing and credit insurance to protect non-oil exports of the two countries.

    Middle East | 25 Feb 2020
  • Trade with BRI participating countries rises 11% in 2019 to US$1.3tn

    China's trade with countries participating in the Belt and Road Initiative (BRI) posted robust growth in 2019, totalled CNY9.27tn ($1.34tn) in 2019, up 10.8% year on year, outpacing the country's aggregate trade growth by 7.4 percentage points, according to the General Administration of Customs (GAC).

    China | 17 Jan 2020
  • Africa: Chubb is 1st global insurer to invest in continent's trade insurance agency

    American insurance giant Chubb has made a $10m equity investment in the African Trade Insurance Agency (ATI), becoming the first global property and casualty insurance company to become a shareholder in Africa's leading multilateral political risk and credit insurer.

    Africa | 16 Dec 2019
  • UAE: Federal export credit firm receives AA- rating

    Etihad Credit Insurance (ECI), the UAE federal export credit company, has been assigned an Insurance Financial Strength (IFS) Rating and an Issuer Default Rating (IDR) of AA- (very strong) with stable outlook from Fitch Ratings.

    Middle East | 09 Dec 2019
  • Africa: EIB expands trade & investment insurance benefits

    The European Investment Bank (EIB) has formally agreed to support membership expansion of the African Trade Insurance Agency (ATI) with a concessional financing facility to cover the shareholding of three prospective members -- Cameroon, Niger and Togo.

    Africa | 25 Nov 2019
  • New CEO to lead Atradius

    Trade credit insurer Atradius has appointed Mr David Capdevila as its new CEO, effective 1 January 2020. He will replace Mr Isidoro Unda who has announced his departure after 12 years as the insurer's CEO.

    People | 01 Nov 2019

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