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February
The International Credit Insurance & Surety Association (ICISA) has expressed concern over the deteriorating trade outlook for 2012, and the lack of financing by banks.
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January
The African Trade Insurance Agency (ATI) has opened a new representative office in Rwanda’s capital Kigali.
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Marsh has stated that it expects to see demand for short-term trade credit insurance continue to rise in 2012 among countries in Europe, the Middle East and Africa.
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XL Group has added four new members to its global political risk and trade credit (PRTC) team based in London.
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Trade credit insurer Equinox Global has poached Chartis’s European trade credit regional manager, Alban De Malherbe, to help it open an office in France.
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China’s export credit insurer Sinosure celebrated its tenth anniversary in December as its underwriteen short-term insurance business hit record highs.