There is little doubt that 2022 has been an unprecedented year and for better or for worse, there has been a lot that has happened in the trade, treasury, payments and supply chain spaces.
Since the UCP 600’s adoption in 2007, concern has persisted over what the Article 35 rule actually requires of an LC issuer if documents get lost in transit between banks.
Trade between the United Arab Emirates (UAE) and several African nations has registered steady growth. Etihad Credit Insurance (ECI), the UAE Federal export credit company, and African Trade Insurance Agency… read more →
Gunvor Group Ltd has signed a $1.645 billion sustainability-linked, multi-currency revolving credit facility (RCF) in favour of Gunvor International B.V. and Gunvor SA. The RCF received strong support from both… read more →
UK Export Finance (UKEF) announced on Finance Day at COP27, November 8, that it will become the first export credit agency (ECA) to offer Climate Resilient Debt Clauses (CRDC) in… read more →
Emerging Markets Global Advisory LLP (EMGA), working with Banco Improsa, secures a $20 million facility from the Spanish Agency for International Development Cooperation (AECID). EMGA is based in London and… read more →
To learn more about the current credit insurance landscape and insurance provider Swiss Re’s expansion into the North American market, Trade Finance Global (TFG) sat down with Basil Louvaris, Trade Finance North America Geographic Lead at Swiss Re Corporate Solutions, the primary insurance arm of Swiss Re.
SCHUMANN, a risk management advisor for trade credit and surety business, held its annual cross-industry and multinational online conference for decision-makers and executives around credit risk management, compliance, and digitalisation… read more →
Trade Finance Global (TFG) spoke with Jason Barrass, chief commercial officer at ARC Ratings to learn more about the role that credit rating agencies can play in this shift,
TFG’s Annie Kovacevic sat down with Gordon Cessford, president of Atradius US and regional head of Atradius in North America to understand more about political risks, emerging markets, and digitalisation.
In a world where roughly 15% of trade is protected by insurance, eyes are often on the trade credit insurance stage.
The credit political risk insurance (CPRI) industry helps lenders and corporates with lending capacity and regulatory capital risk. Credit insurance underpins global trade and finance, managing both concentration risk and country limits.
To understand how firms and instructions operate in the trade credit insurance industry and the role that technology may play in altering this landscape, TFG’s Deepesh Patel sat down with Gary Lowe, global head of the Global Credit Insurance Group at Standard Chartered, Jérôme Pezé, CEO at Tinubu, Janusz Władyczak, CEO at KUKE, the Polish export credit agency (ECA), and Richard Wulff, executive director at ICISA.
The world of credit insurance has seen a multitude of fluctuations in the market, as of late. Whether it be, COVID-19, geopolitical instability, or inflation, these factors have significantly impacted the sector, lowering the appetite for risk.
The Berne Union released its latest Business Confidence Survey this week amid mounting geopolitical uncertainty. This latest rendition of the quarterly report shows that demand for export credit insurance is… read more →