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Credit Insurance

BIIA Welcomes Atradius Information Services BV as an Associate Member

The Information Services Group of Atradius has joined BIIA as an Associate Member.  We salute the information professionals of Atradius who support BIIA in promoting the value of information and to protect the industry from unreasonable regulations.   One of BIIA’s objectives is to work with users of information on common issues and we are therefore very pleased to have one ... Read More »

Automotive Sector Is Growing But The Business Climate Remains A Risk Factor

The dynamic at play in the Chinese automotive sector will continue through the year. The concentration process in local industry and development of alliances abroad, the capacity utilisation rate under control, the decline of exports, the expansion of dealer networks, savings, and credit, the impact of steel prices on margins . . . Xavier Farcot and Benjamin Gan, respectively deputy ... Read More »

BIIA EXPRESSES ITS APPRECIATION TO ICISA FOR THEIR SUPPORT ON TWO IMPORTANT INITIATIVES

In following the maxim “credit and information are intertwined” ICISA (International Credit Insurance and Surety Association) responded to a call for support on the recent proposed China credit information regulations, which if passed, would have had serious negative effects on the availability of credit information, trade credit and transparency as whole.  As a result of the user community’s responses, the ... Read More »

CREDIT INSURANCE COMPANIES IN THE NEWS (COURTESY ICISA)

Euler Hermes does not foresee any significant improvements in the level of results before 2010. The first half of 2009 saw the group’s turnover increase by 1.1% in comparison to the first half of 2008. The technical result represents a loss of EUR 59.5 million, compared to a profit of EUR 114.2 million in 2008. Coface: The aggravation of the ... Read More »

IMPORTANCE OF CREDIT MANAGEMENT IS INCREASING AS CREDIT CRUNCH PUTS THE EMPHASIS ON LIQUIDITY RATHER THAN GROWTH

The credit crunch brought about fundamental changes in how companies manage their businesses.   The emphasis today is on liquidity aspects of managing the business and less on top line growth writes Jan Schneider-Maessen, from the German Credit Management Association (VfCM).  More and more companies are undertaking a value judgment by comparing the potential the risk of non-payment (client insolvency) versus ... Read More »