ToysRUs insolvency

Bad debt Britain – insurance pay outs to help UK businesses deal with unpaid bills are at their highest since 2009

Latest ABI figures show that claims paid by trade credit insurers are running at over £4 million every week – their highest level since 2009. Over 200 firms every week helped by trade credit insurance. A record £340 billion of UK trade is being covered by trade credit insurers. Insurance pay outs made by trade[…]

Massive and increasing losses for unsecured and uninsured creditors in H2 2016

According to recent insolvency statistics from Infolink, total unpaid/unsecured credit losses totaled over £1.9 billion for the second half of the year, up 6% on the first half of the year. 80,000 ordinary unpaid trade creditors (excluding 8,000 occurrences of HMRC as creditors) lost an average of £23,900, from 5,178 insolvencies. The average asset shortfall[…]

No-obligation free quotes for insurance against political and credit risks

Free quotes for your credit or political risk insurance requirements

We are happy to say that we don’t charge our clients for finding them an insurance solution. So if you are working on a transaction or with a portfolio which exposes your organisation to potential losses from credit or political risk events, please get in touch. We are happy to offer our customers a free[…]

Global economic trends in brief

Persistent low oil prices led to 10 energy companies with a cumulative turnover of EUR8.5bn filing for bankruptcy in the US in 2015 and 6 others (cumulative EUR3.4bn) ended up in a similar situation in Canada. Chinese state support for capital intensive sectors is fading away in favour of SMEs and high-tech research and development,[…]

Credit risk in energy conference venue

Vlad Shipov speaks at the Credit Risk in Energy Trading conference

Our MD spoke at the Marcus Evans conference held 21-22 November 2016 at Hilton Canary Wharf, London, United Kingdom, to a group of energy sector experts on the importance of counterparty risk management in the current economic climate. Vlad shared his knowledge gained from many years with various major banks, insurers and insurance broking companies on how[…]

Political Risk Insurance

A natural resources investment company Political And Credit Risks team professionals arranged multiple covers against the risk of government of the investment country cancelling or changing its environmental (carbon credit) legislation

Lender’s Interest Insurance

Major International Bank Political And Credit Risks specialists helped this major international bank protect its exposure against political risks of lending to a mining company operating in an emerging Sub-Saharan country.