Tag: Coronavirus
Euler Hermes’ newest research found that 15% of the UK’s SMEs are at risk of insolvency in the next four years. Additionally, the research also highlights the impact and success of the government’s various state support schemes and funding during the pandemic.
FCI hosted today the first of a two-day session of the 53rd Virtual Annual Meeting 2021 through a new, innovative and interactive virtual platform. Welcoming over 600 attendees, this year’s meeting focused not only on the year in review, but the members were updated on the global economic outlook, was provided a year in review […]
This week at the Berne Union spring meeting, 74 export credit agencies, multilateral institutions, private banks, and credit insurers met in Istanbul. In addition to discussing underwriting trends and strategic priorities for the industry, the participants discussed climate change, energy, and pandemic recovery. Berne Union President Michal Ron said: “Just as we were emerging from […]
Global loss figures published by operational risk association ORX, reveal a decline in total gross loss across the banking community. This is despite the challenging environment created by both external threats, including geopolitics, cyber risk, the economy, and internal developments, particularly as the industry moves to digitalise. In 2021, 85,585 operational risk loss events were […]
US manufacturing experienced a further decline in June, reaching levels not seen since the initial wave of the COVID-19 pandemic. However, there is a positive aspect as price pressures at the factory gate continued to decrease, providing a silver lining for the economy. According to the survey conducted by the Institute for Supply Management (ISM) […]
