Credit Insurance Blog

Aurora credit insurance reduced amid restructuring and clothing market fears

Aurora Fashions has suffered a reduction of credit insurance after uncertainty surrounding the group’s restructuring and the challenging clothing market spooked insurers. Sources told Retail Week that credit insurers had “scaled back” cover for the retail group’s supplier base. Aurora is in the process of demerging its […]

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Useful Credit Insurance Terminologies

Useful Credit Insurance Terminologies Advance assignment clause: The advance assignment clause signifies the assignment of future receivables. This can be very useful, if e.g. the policyholder’s customer sells the goods delivered by the policyholder to a third party before payment and becomes insolvent. With an advance assignment […]

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How You Can Benefit From Trade Credit Insurance

How You Can Benefit From Trade Credit Insurance   Whenever you are planning to start a business, you must be prepared for the potential risks associated with it. Regardless to its size and pattern it is hard to find out one single business area where risks is […]

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Political Risk Insurance team broadens U.S. credit insurance services

Political Risk Insurance team broadens U.S. credit insurance services Sep 3 2013 Euler Hermes, the world’s leading provider of trade credit insurance, will expand its U.S. and Canadian services with the addition of a specialized Political Risk Insurance team based in New York. Offering large and multinational […]

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Unrest in Turkey and Brazil has minimal impact on political and trade credit markets

http://www.commercialriskeurope.com/credit-insurance/   Thursday,  4 July 2013 Unrest in Turkey and Brazil has minimal impact on political and trade credit markets By Ben Norris Email Author Recent unrest in Turkey and Brazil has had minimal impact on the global political risk and trade credit insurance markets, according to […]

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Credit Insurance Today 2013

The expanison of the Market. The trade credit insurance market is expanding rapidly. The main market players are the large international companies opening subsidiaries in Russia, such as Euler Hermes, ONDD, Coface and Atradius. They are bringing Western trade credit insurance and sales technology to the domestic […]

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Credit Insurance

Very simply what is Trade Credit Insurance? Trade Credit Insurance which is more commonly known as Credit Insurance is very simply a facility which compliments the existing credit management processes of a business and indemnifies a business if and when their customers do not pay them. This type of credit insurance must […]

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Business Link extract regarding credit insuring your business.

Insurance for international trade Insuring against non-payment While most businesses insure their fixed assets, many overlook the risk of non-payment by the buyer. There may be buyer, country or political reasons for non-payment. As an exporter, you can take out export credit insurance. This protects against non-payment […]

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Fred Olsen’s to stop Thomas Cook selling its product as No Credit Insurance Cover

Fred Olsen says it has a policy where it will not deal with any agent where pipeline monies are not protected. The insurance means that if the agent goes bust having pocketed the passengers money but not passed it on to Fred Olsen, then the insurer will […]

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Rangers Insolvency

The second aspect relates to the powers of liquidators. By rejecting the CVA, HM Revenue and Customs have signalled that they expect the liquidators to conduct a thorough, detailed investigation of the financial dealings of the club to determine whether anyone was responsible for the club going […]

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