Credit – InsuranceAsia News https://insuranceasianews.com/industry_segments/credit/ Fri, 19 Dec 2025 07:15:35 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Rise of zombie companies, supply chain nerves propel demand for trade credit insurance https://insuranceasianews.com/rise-of-zombie-companies-supply-chain-nerves-propel-demand-for-trade-credit-insurance/ Wed, 17 Dec 2025 23:30:44 +0000 https://insuranceasianews.com/?p=207143 Asia is set to be the largest contributor to insolvency increases accounting for half of the global rise in 2025, Allianz Trade’s Hassan Omaish says.

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Trade credit insurance is becoming a “key enabler” of resilient supply chains amid a perfect storm of geopolitical tensions, trade disruptions, and rising corporate insolvencies, according to Hassan O...

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]]> Ongoing reserve adjustments, slow business growth to hurt Eka Lloyd: Fitch Ratings https://insuranceasianews.com/ongoing-reserve-adjustments-slow-business-growth-to-hurt-eka-lloyd-fitch-ratings/ Mon, 10 Nov 2025 06:33:11 +0000 https://insuranceasianews.com/?p=204222 Global rating agency downgrades PT Asuransi Eka Lloyd Jaya’s insurer rating to BBB (idn) from BBB+(idn).

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Fitch Ratings has downgraded PT Asuransi Eka Lloyd Jaya’s (Eka Lloyd) insurer rating to BBB (idn) from BBB+ (idn), citing sustained capital weakness stemming from ongoing reserve adjustments and a slo...

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]]> The Hartford appoints Qingyang Liu as underwriter for credit and political risk team https://insuranceasianews.com/the-hartford-appoints-qingyang-liu-as-underwriter-for-credit-and-political-risk-team/ Thu, 06 Nov 2025 02:24:26 +0000 https://insuranceasianews.com/?p=203986 He will work alongside Shuohan Dai, senior underwriter for credit and political risk and Zhenghong Pan, principal officer and underwriting manager for financial lines.

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The Hartford has appointed Qingyang Liu as an underwriter for its credit and political risks team in Singapore, according to a LinkedIn post by UK and Europe head of credit and political risks Ryan Mu...

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]]> Texel Asia expands broking team with double appointment https://insuranceasianews.com/texel-asia-expands-broking-team-with-double-appointment/ Mon, 13 Oct 2025 04:22:44 +0000 https://insuranceasianews.com/?p=201785 Jaime Stork joined as an associate director, while Brandon Woo will join as a broker and will report to Angela Chang, managing director of Texel Asia.

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Credit and political risk insurance broker Texel Group appointed Jamie Stork as associate director and Brandon Woo as a broker as part of an expansion of their Asian broking team, according to a press...

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]]> Fidelis’ Pine Walk unveils surety MGA focused on Australia, APAC and Latin America https://insuranceasianews.com/fidelis-pine-walk-unveils-surety-mga-focused-on-australia-apac-and-latin-america/ Tue, 16 Sep 2025 10:05:16 +0000 https://insuranceasianews.com/?p=200127 Arenite Specialty, which will offer surety and credit risk insurance, will be led by former Bild managing director Teji Gobran.

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Pine Walk Capital, the MGA incubation platform backed by The Fidelis Partnership, has announced the launch of a new MGA focused on surety and credit risk insurance in Australia, Asia Pacific and Latin...

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]]> Howden appoints Edmund Arghand as head of credit, political risk and surety for Asia https://insuranceasianews.com/howden-appoints-edmund-arghand-as-head-of-credit-political-risk-and-surety-for-asia/ Mon, 07 Jul 2025 02:22:28 +0000 https://insuranceasianews.com/?p=194555 Arghand, who joins from BMS in London, will lead the team in Singapore, with a particular focus on structured credit.

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Howden has appointed Edmund Arghand as head of credit, political risk & surety (CPS) for Asia, the company said in a LinkedIn announcement.
Arghand (pictured) will lead the CPS team in Singapore t...

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]]> Trade credit insurance in high demand amid uncertain times, but pricing anomaly emerges: Coface’s Hugh Burke https://insuranceasianews.com/trade-credit-insurance-in-high-demand-amid-uncertain-times-but-pricing-anomaly-emerges-cofaces-hugh-burke/ Tue, 24 Jun 2025 23:30:08 +0000 https://insuranceasianews.com/?p=192541 Amid a relatively benign claims environment, pricing is still soft, but the APAC CEO says it should increase as 'it's not aligned to the risks we're taking anymore'.

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Global trade credit insurer Coface has received more enquiries amid an increasing demand for coverage with the uncertainty facing businesses as a result of global economic turmoil and slowdown, accord...

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]]> Miller snaps up Melissa Kumazaki as credit, political risk broker https://insuranceasianews.com/miller-snaps-up-melissa-kumazaki-as-credit-political-risk-broker/ Mon, 09 Jun 2025 09:33:20 +0000 https://insuranceasianews.com/?p=192431 Singapore-based Kumazaki has over 10 years of experience in structured finance, syndications, and investor relations across APAC.

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Specialist (re)insurance broking group Miller has appointed Melissa Kumazaki as a credit and political risk broker as part of its Singapore-based credit and political risks team, according to a Linked...

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]]> Hong Kong Export Credit Insurance Corporation announces measures to counter US tariffs https://insuranceasianews.com/hong-kong-export-credit-insurance-corporation-announces-measures-to-counter-us-tariff/ Fri, 11 Apr 2025 09:00:46 +0000 https://insuranceasianews.com/?p=180960 The corporation will extend free pre-shipment cover for SMEs, provide a 50% discount for other policyholders and reduce premium for emerging markets.

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Hong Kong Export Credit Insurance Corporation (ECIC) has issued three measures to insure local SMEs against pre-shipment risks following US tariff implementations, according to an announcement by the ...

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]]> US tariffs may slow premium growth in trade-related P&C lines, raise claim costs: Moody’s https://insuranceasianews.com/us-tariffs-may-slow-premium-growth-in-trade-related-pc-lines-raise-claim-costs-moodys/ Thu, 10 Apr 2025 10:17:39 +0000 https://insuranceasianews.com/?p=180906 Supply chain disruptions and lower trade volumes could significantly reduce insurance demand for certain lines in Asia like marine cargo and credit.

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Tariffs announced by President Donald Trump will reduce insurance demand in APAC's export-reliant economies over the next 6-12 months, according to Moody’s.
Higher tariffs will inevitably hurt growth ...

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