All Entries in the "Insurance" Category
Trading with high risk economies
High risk countries can be potential nightmares for exporters shifting goods. You won’t find cover for trading with Afghanistan or Somalia but some trades are still worth pursuing provided you have good credit, political and economic risk information.… Read more>>
Sharing the load
Piracy can delay goods being shipped to your customers. Make sure you read the fine print to ensure delivery delay costs are mitigated for.
Managing trading risks for the antipodean
Understanding how to price the risk of selling on credit terms can help Kiwi exporters reach global markets in a cost-effective manner.
Exporters can free up cashflow or reduce unnecessary trading risks by seeking the help of specialist… Read more>>
Trade credit insurers curb appetite for risk
Premiums have gone through the roof. While the global economy is showing signs of recovery, don’t expect global trade credit insurers to have normal appetite for trade credit risk.
BY: Yoke Har Lee
Over 18 months ago, global insurers… Read more>>
War with the pirates
Shippers sending cargoes across the Atlantic via the Suez Canal would do well to insure their goods against piracy rather than trying to reroute cargo as the latter may turn out to be more costly.
BY: Val Leveson
They… Read more>>
Insurance risks lurk round every corner
Shippers should review the value of cargo insured and limit reckless trade exposure in this uncertain economic environment.
BY: MARY MACKINVEN
The rate of company insolvencies has steeply increased in nearly all markets and greater caution is required before goods… Read more>>
The trade credit risk vortex
Exporters are hard hit by high premiums and tough policy conditions including lower indemnity cover as global trade credit insurers tighten their watch on risk exposures.
BY: YOKE HAR LEE
The financial credit crunch has taken its toll on the… Read more>>
NZ Export Credit Office reshapes product for exporters
The NZ Export Credit Office’s timely move of redressing its trade guarantee scheme will give exporters a much needed shot in the arm at a time when the cost of commercial trade credit insurance and bank trade guarantees are becoming costly and less forthcoming.
Insuring for recessionary times
One of the side effects of the economic downturn is increased exposure to risks ranging from non-payment to products damaged while in transit. It pays to find a water-tight insurance policy before your goods leave your warehouse.
