Reinsurance News
trade credit
Insurance market braces for systemic shock as Iran conflict threatens multi-line losses: Kennedy’s
3rd March 2026
Kennedys, an international insurance law firm, has warned that the developing conflict involving the United States, Israel and Iran presents the prospect of a rare, multi-line event for the global insurance and reinsurance market. In Kennedys’ assessment, the combination of sustained military action, disruption to energy flows and prolonged regional instability ... Read the full article
Nexus expands Trade Credit operations into Italy
13th October 2025
Nexus Underwriting, a Brown & Brown subsidiary, has announced the expansion of its Trade Credit operations into Italy, a strategic move that further strengthens the company’s global footprint. The managing general agent (MGA) has a long-standing history in the Trade Credit sector, with 25 years of expertise and a team of ... Read the full article
Seckin Atilgan joins Willis Credit Risk Solutions as Head of Growth, Trade Credit in Asia
13th August 2025
Willis, a WTW business, has announced the appointment of Seckin Atilgan as Head of Growth for Trade Credit in Asia, within its Credit Risk Solutions business. Based in Singapore, Atilgan will report to Lee Garvey, Head of Credit Risk Solutions, Asia Pacific at Willis. In his new role, he will be responsible ... Read the full article
Masteling to lead DUAL Europe’s new Trade Credit business
23rd July 2025
DUAL Europe is expanding its specialty lines across the continent with the launch of its Trade Credit Insurance business, with capacity provided by Axeria, a pan-European carrier. Frank Masteling will lead the Trade Credit business. The executive joined the company as Head of Trade Credit, DUAL Europe, following his tenure as ... Read the full article
Coface receives “in principle approval” to establish short term trade credit syndicate at Lloyd’s
16th July 2025
Trade Credit insurer Coface has received "in principle approval" from the Lloyd's marketplace to establish Syndicate 2546, a new short term trade credit syndicate, which will be managed by Apollo Syndicate Management. Coface Lloyd’s Syndicate 2546 is expected to begin underwriting in 2025 and enables the trade credit insurer to provide ... Read the full article
Rodrigo Jimenez appointed Asia Pacific Regional CEO at Allianz Trade
7th May 2025
Allianz Trade, a provider of trade credit insurance, has announced that Rodrigo Jimenez will assume the role of Regional CEO for the Asia Pacific region on 1 October 2025. He will succeed Paul Flanagan, who is retiring after a distinguished 34-year career with the company. Jimenez will begin his transition into the ... Read the full article
Nexus appoints Ana Ortega Lamaignère as Broker & Partner Manager, Spain
24th April 2025
Nexus Underwriting, a specialty Managing General Agent (MGA), has announced the appointment of Ana Ortega Lamaignère as Broker & Partner Manager for Spain in its Trade Credit business in Europe, effective April 1st, 2025. In her new role, Lamaignère will help expand Nexus’s presence in Europe and strengthen partnerships across the ... Read the full article
MSIG USA expands political risk and trade credit business in Asia
14th March 2025
MSIG USA has partnered with MSIG Singapore and MSIG Hong Kong to expand its political risk and trade credit business in Asia. The collaboration combines MSIG USA’s underwriting expertise with the strong local presence and market knowledge of MSIG Singapore and MSIG Hong Kong. This partnership strengthens the company’s ability to meet ... Read the full article
Reinsurance capacity crunch threatens growth in financial risks sector, says Howden Re
5th September 2024
James Loggie, Managing Director of Howden Re Financial Risks, emphasises a critical need for growth in the reinsurance market to match rising demand. Despite the stability and strong performance of the financial risks sector post-pandemic, the reinsurance market faces urgent pressure to expand. In a recent interview with Reinsurance News around ... Read the full article
Aon appoints Sinead Wolfe as Business Development Specialist, Credit Solutions
21st August 2024
Global insurance and reinsurance broking group Aon has recently appointed Sinead Wolfe as Business Development Specialist, Credit Solutions in Ireland. Suzanne Hughes, Head of Credit Solutions, Ireland, expressed enthusiasm for Wolfe’s appointment, stating, “Sinead is a fantastic new addition to the Aon Credit Solutions team. Her depth of knowledge and expertise ... Read the full article
Kairos partners with CHAZ to enhance Parametric and Trade Credit Insurance
13th August 2024
Kairos Risk Solutions, a Singapore-based boutique insurance solutions consultancy, has signed an agreement with Thailand’s CHAZ Insurance Brokers to offer expertise in Parametric and Trade Credit Insurance. Kairos will assist CHAZ with marketing and product development for these innovative lines of business. Founded in 1966, CHAZ Insurance Brokers is one of Thailand’s ... Read the full article
Brokerslink launches Trade Credit Insurance practice to meet growing global demand
4th July 2024
Brokerslink, a network of independent brokers, has introduced a specialised Trade Credit Insurance (TCI) practice to meet the rising demand from its international affiliates. This new TCI practice will give Brokerslink’s Partners and Affiliates access to a shared pool of expertise in the Trade Credit sector, allowing brokers to enhance their ... Read the full article
Moody’s forecasts strong underwriting discipline for trade credit insurers in 2024
28th March 2024
Analysts at Moody’s Investors Service anticipate that trade credit insurers will maintain strong underwriting discipline in 2024, supported by robust financial reserves, despite an increase in insolvencies and claims resulting from a global economic downturn. Moody’s observes a persistent increase in corporate defaults in early 2024, which is expected to lead ... Read the full article
Guy Carpenter predicts stability for trade credit, bond and political risk at Jan 1
24th October 2023
"There is a shared appetite from insurers and reinsurers to grow in specialty lines to dilute volatility in other classes, which should improve market dynamics for trade credit, bond and political risk," according to David Edwards, Co-Head, Credit, Bond and Political Risk Division, Guy Carpenter. Edwards' comments stem from Guy Carpenter's ... Read the full article
TCI expected to thrive amidst global economic slowdown and geopolitical flux: Swiss Re
17th October 2023
In a world marked by economic uncertainty and geopolitical tensions, trade credit insurance (TCI) is emerging as a crucial stabiliser of economic resilience, according to a report by the Swiss Re Institute. The study forecasts that TCI is set to grow despite a slowdown in global trade flows, driven by increasing ... Read the full article
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