Atradius Trade Credit Insurance, Inc.

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28 documents for Atradius Trade Credit Insurance, Inc.
  • To: BUSINESS EDITORS Contact: For further information: Brett Halsey, President, Atradius Trade Credit Insurance, Inc. Tel: +1-410-568-3824, E-mail: brett.halsey@atradius.com

  • OLDWICK, N.J. -- A.M. Best Co. has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and issuer credit ratings to "a-" fro...

  • OLDWICK, N.J. -- A.M. Best Co. has assigned a financial strength rating of A (Excellent) and an issuer credit rating of "a" to Atradius Trade Credit I...

  • WASHINGTON, Oct. 18 /PRNewswire-USNewswire/ -- Private-sector insurers that provide short-term export-credit insurance covering foreign receivables to U.S. exporters are now eligible for reinsurance from the Export-Import Bank of the United States (Ex-Im Bank). Atradius Trade Credit Insurance Inc. is the first insurer to sign a reinsurance contract with Ex-Im Bank. The new product primarily will benefit U.S. small-business exporters that have had a more difficult time obtaining short-term export credit since the 2008-2009 financial crisis. Ex-Im Bank's reinsurance mitigates risks for private insurers and enables them to expand their underwriting capacity for these credits.

  • BOCA RATON, Fla. -- Multi-Media Productions (USA), Inc. announces that Atradius Trade Credit Insurance, Inc. will be featured on World Business Review...

  • BCSB's losing quarter BCSB Bancorp Inc., the holding company for Baltimore County Savings Bank, reported a net loss of $418,000, or 20 cents per diluted share, for its fiscal third quarter ended June 30, compared to net income of $285,000, or 9 cents per diluted share, for the year-ago period. Bank officials said the company's earnings "were negatively impacted by $270,000 in additional FDIC insurance premiums due to recently implemented special assessments for all insured institutions, $500,000 in recognized credit losses for mortgage-backed investment securities deemed by management to be "Other Than Temporarily Impaired" and $600,000 in loan loss provisions.

    ...Atradius' new president. Atradius Group, a Dutch finance co... Brett Halsey to president of Atradius Trade Credit Insurance Inc. Halsey succeeds Neil A. Lear...

  • All the factors of an international trade deal were analyzed and worked out, terms were set and now the payments start rolling in. It would seem like the international credit professional's job is done and the risk to the company is abated as the payments come in on time. However, regardless of how promptly the foreign buyer pays for the goods or services, the financial risk to the seller may not be over if those payments are made in the currency of the buyer's country. Even if an overseas sale is denominated in US dollars, the currency risk exposure is transferred to the buyer, who may be looking at competitor prices denominated in the buyer's own currency. However, some companies engage in practices to hedge against most or all of their foreign currency risk exposures. The most common...

    ...Sales Rep., Financial Solutions, for Atradius Trade Credit Insurance, Inc., noted that entering ...

  • ... of Atradius Trade Credit Insurance, Inc. (ATCI) (Baltimore, MD), which has an FSR of A (Ex...

  • This year's corporate changes study, based on filing and AM Best Co data, shows 23 new property/casualty insurers entered the market in 2003. There were 57 acquisitions or ownership changes, compared with 29 in 2002, 36 mergers in 2003 vs 31 in 2002, and 58 name changes compared with 62 in 2002. A list of all the mergers, name changes, new companies, acquisitions & ownership changes, and state actions are presented.

    ...Mergers. American Colonial Insurance Co. (Albany, N.Y.), Paramus, NJ. On June 20, the c...CDC IXIS Financial Guaranty North America Inc., New York. Effective Aug. 31, the company merged ...Gerling N.C.M Credit Insurance, Inc., Haltimore. On Dec. 24, the name oof the company was changed to Atradius Trade Credit Insurance Inc. The Gray Casualty Co.,...

  • The past three years have been excellent for the credit insurance industry and for most of you as well. Much to their credit, the carriers have renewed the contracts at little or no pricing disadvantage to the client. Arguably, the current environment does not support a sustainable pricing model. Some of the more interesting changes in the credit insurance industry have occurred in the excess of loss carriers and the non-limits underwriters. Although there may be 10 companies that offer credit insurance, perhaps two or three prefer certain markets, such as a limits underwriter for small business. AIG provides a variety of policies. AIG continues to experience growth, although they do not have breakout specifics for each division. The year 2006 has been profitable, with AIG experiencing ...

    ...Atradius Trade Credit Insurance. Neil Leary, a former banke... you are using a broker, they should be including this new entrant in future market analysis. FCIA i...



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