Credit risk

Vesttoo situation underlines importance of managing counterparty risk: AM Best

August 18 2023

An AM Best report shows letters of credit account for 22% of total collateral held, emphasising the need for rigorous due diligence.

am-best-retains-taiwans-fubon-insurances-under-review-status-amid-reinsurer-credit-risk

AM Best retains 'under review' status for Taiwan's Fubon Insurance amid reinsurance credit risk

August 7 2023

Fubon's financial strength rating is still excellent, though its 'under review' status remains despite a May capital injection.

hkecic-partners-with-five-major-banks-to-expand-trade-credit-offering-for-mainland-china

HKECIC partners with five major banks to expand trade credit offering for businesses dealing with Mainland China

June 21 2023

The pilot scheme provides increased transparency and shared risk, enabling HKECIC to provide credit insurance to exporters trading with private enterprises in China.

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