-
March
The German government has extended its export credit refinancing aid scheme for long-term export credit for a further six months.
-
February
Global insurer Zurich’s North America Surety, Credit & Political Risk group has signed a MoU with Korea Export Insurance Corporation (KEIC), Korea’ export insurance agency.
-
Pakistan’s engineering industry has called for a government backed export credit insurance scheme to cover the sector.
-
World trade has experienced the largest single drop since the Second World War, according to the World Trade Organisation.
-
Country Risk Solutions founder Daniel Wagner has joined PFC Global Risk.
-
The Export Credit Guarantee Corporation of India is to maintain its credit risk rating for European countries in danger of sovereign defaults.
-
Zurich has named Daniel Riordan president of its North America Commercial Specialties unit.
-
Aon Risk Services has hired a new chief executive officer of Asia Aon Risk Services.
-
January
Coface has announced 20 country upgrades at its 14th country risk conference, claiming that the global financial crisis is easing, but warns of continuing bubbles.
-
What saved trade from collapsing totally during the global crisis? This column argues that export credit agencies played a key role in stabilising the trade finance market, and thus helped reduce credit risks and allowed exporters to offer open account terms in competitive markets.
-
Credit insurer Coface is set to receive a capital injection from its shareholder Natixis.
-
Insurance broker Marsh has appointed Julian Macey-Dare as international leader of its political risk and structured credit practice.