All Banking & financing articles – Page 7
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NewsComet schedules meeting with trade credit insurers
Comet is set to meet with trade credit insurers next week as the electricals retailer tries to determine whether they will carry on offering cover to its suppliers once the business is sold to OpCapita next month.
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NewsCredit insurers put value clothing retailers on watch list
Value clothing retailers are coming under increasing scrutiny from credit insurers as trading conditions remain tough.
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NewsPoundworld’s credit insurance pulled despite 500% profit rise
Discount chain highlights continued performance and supplier support as Euler Hermes stops cover
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NewsCredit insurers pay out to Superquinn suppliers
Suppliers to Superquinn who lost out when it was placed in receivership last month are set to be recoup monies from credit insurance policies.
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NewsCredit insurer cuts Dreams' supplier cover
Suppliers to beds specialist Dreams have had credit insurance withdrawn by Euler Hermes.
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NewsCredit insurers vow not to pull plug on retailers
Insurers insist there won’t be a repeat of the withdrawal of cover despite HMV’s woes
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NewsHMV credit insurance under review
UPDATED: HMV Group has confirmed that credit insurers are reviewing the level of cover they provide to the retailer.
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NewsTop credit insurer to give retailers notice of future cover reductions
Credit insurance giant Euler Hermes has altered its ratings procedure to give retailers and suppliers the chance to challenge any decisions to reduce cover.
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NewsTrade credit insurer demands more transparency
Credit insurer Coface is demanding more transparency from businesses in return for trade credit insurance.
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NewsRetailers to benefit as credit insurer Atradius increases cover
Atradius, one of the leading credit insurance firms, is to increase cover to UK companies.
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News
Industry slams credit insurance top-up scheme
Most retailers say the Government’s credit insurance top-up scheme has not helped their business, while one of the biggest insurers admitted the scheme had not been as effective as hoped.
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NewsRetailers call for trade credit insurance top-up to be extended
About 38% of large retailers and 28% of small and medium-sized retailers have said that the reduction or withdrawal of credit insurance has negatively impacted their businesses and want the trade top-up scheme extended beyond the end of this year.
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NewsLuke Johnson lambasts credit insurer ‘oligopoly’
Entrepreneur Luke Johnson has labelled credit insurers an “oligopoly”, citing their “en masse” withdrawal or reduction of coverage to the retail sector.
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NewsGovernment amends credit insurance top-up scheme again
The Government has cut the price of its credit insurance top-up scheme and doubled the amount it is prepared to underwrite.
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NewsHome Retail Group sounds alarm on credit insurance risks
Argos and Homebase parent Home Retail Group has written to its suppliers urging them not to do business with retailers that have had their credit insurance removed.
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AnalysisDoes David Cameron think retail?
Many retailers are disillusioned with Labour rule in the downturn but would a Conservative government led by David Cameron really be the answer to their woes?
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NewsGovernment thinks again as credit insurance scheme fails
The Government is reassessing its credit insurance top-up scheme as it emerged only a handful of businesses have taken up the scheme.
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NewsCredit insurance woe hits stock at Threshers
Threshers owner First Quench Retailing is understood to be sourcing stock from the grey market after its supply chain was interrupted by the reduction of credit insurance to some of its suppliers.