Trade Credit | Slipcase – (re)insurance industry news

Frontier Markets’ Monetary Policy Cycle a Mixed Picture

Frontier markets (FM) have continued to implement significant policy rate cuts as inflationary pressures wane. However, a handful of markets, particularly in Africa, have seen central banks...

PR / 2 days ago

US banks will trade liquidity pressures for higher credit costs

Liquidity pressures should ease in 2024, but bank managers will face a new headwind in the form of higher credit costs, resulting in a modest hit to earnings, according to the 2024 US Bank Market...

Report / 2 days ago

Exclusive: Vietnam mounts ‘unprecedented’ $24 billion rescue for bank engulfed in giant fraud - Reuters

Vietnam has mounted an "unprecedented" rescue of Saigon Joint Stock Commercial Bank (SCB), a lender engulfed in the nation’s biggest financial fraud, according to three bank documents and new official information provided to Reuters

reuters.com / Article / 2 days ago

PE-Backed Reinsurance — Friend or Foe?

Gallagher Re believes that PE-backed reinsurance is here to stay, but these firms do have particular risks that need to be taken into account?...

Article / 3 days ago

PwC fires back on social media claims over Evergrande audit

PwC has refuted the “false allegations” made in an anonymous letter that surfaced on social media, accusing the firm and its partners of misconduct in their audit...

Article / 4 days ago

Beat Capital Partners announces the intended launch of credit insurance business Convergence with Stephen Pike as CEO

Beat Capital announces that it is planning to launch Convergence, a specialty and tech enabled credit non-payment insurance underwriter...

PR / 4 days ago

Credit Suisse Unit Did ‘Incompetent Best’ for Billionaire Client, Lawyer Says - Claims Journal

A lawyer for a Credit Suisse trust seeking to overturn the $743 million in damages the bank owes to Georgian billionaire Bidzina...

claimsjournal.com / Article / 10 days ago

EBRD Calls for Subsidized Insurance to Quickly Rebuild Ukraine

Subsidized insurance would attract investors to help rebuild Ukraine's war-battered economy, according to the European Bank for Reconstruction and...

Article / 14 days ago

Bankman-Fried sentenced to 25 years for multibillion-dollar FTX fraud

) — A federal judge Thursday sentenced Sam Bankman-Fried to 25 years in prison for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency...

Article / 21 days ago