Free Trial

Trade Finance Magazine Copying and distributing are prohibited without permission of the publisher

Best Trade Insurer in Asia

23 July 2009

Strengthening the cover

Winner: Zurich Highly commended: AIG In a change from last year, Zurich Surety, Credit and Political Risk (Zurich) has beaten AIG to win the Best Trade Insurer in Asia award. This is the first time that Zurich has won this particular title, and something the company has been keen to capture to complement its global award of Best Insurer in Trade, which it has consistently won in the global awards. AIG moves down into the highly commended slot, while the third position is held jointly by Coface and Euler. A range of other institutions were not far behind these top three with a good number of votes being...


Poll

Credit insurers have withstood the crisis admirably settling a high number of claims during 2009. If you are actively involved in trade transactions what percentage of your deal book now enjoys some political or credit risk cover from private insurers?

75% to 100%
33%
50% to 75%
30%
25% to 50%
9%
25% or less
10%
I don’t use private credit insurers
18%

Quote

During the past year’s ‘flight to quality’, companies have turned to experienced leaders in global trade.

Matthew Frohling, Citi - ‘Supplier Finance’ growth in the SME markets - April 2010