QBE Insurance Group confirmed on 1 September 2026 that it had completed the divestment of its global trade credit and surety operations to Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group.
Payment discipline among Singapore businesses is showing signs of deterioration, with substantially more firms reporting an increase in both the frequency and severity of payment delays than an improvement over the past year, according to Coface's APAC Payment Survey 2026.
Allianz Trade has promoted Mr Scott Munafò to the role of CEO of China, effective 1 September.
Businesses in the UAE are leaning more heavily on trade credit to stay competitive, as well as drive growth and strengthen customer relationships.
Allianz Trade has appointed Mr Daf Owen as Regional Surety Business Development Director for APAC, effective 1 August 2026.
The government of Zambia has used a $600m loan from the African Development Bank (AfDB) Group, coupled with its own resources, to buy back a $1.36bn sovereign Eurobond.
Everest Group has promoted Mr Craig Hanrahan to the role of Global Distribution and Chief Commercial Officer, effective 1 August 2026.
Coface has appointed Mr Ivor Miric as Head of Debt Collection Sales for APAC.
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral credit and political risk insurer and member of the Islamic Development Bank Group, concluded its participation in the IsDB Group Annual Meetings 2026 in Baku in Azerbaijanwith the signing of seven agreements, memoranda of understanding, and insurance policies valued at more than $1bn.