Allianz Trade, the world leader in trade credit insurance, has opened its new office at the Dubai International Financial Centre (DIFC), marking a strategic milestone in the company's regional growth journey.
Etihad Credit Insurance (ECI), the UAE's federal export credit company, has signed a Memorandum of Understanding (MoU) with Euler Hermes, acting on behalf of and for the account of the Federal Republic of Germany, to strengthen export credit cooperation between the UAE and Germany.
AIG Trade Credit Thailand has appointed Mr Pongprat "Pong" Suwan as Country Head, Trade Credit.
The government has injected additional funds into state owned insurers and banks to ease solvency pressures and fulfill regulatory demands.
QBE Insurance Group confirmed on 1 September 2026 that it had completed the divestment of its global trade credit and surety operations to Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group.
Payment discipline among Singapore businesses is showing signs of deterioration, with substantially more firms reporting an increase in both the frequency and severity of payment delays than an improvement over the past year, according to Coface's APAC Payment Survey 2026.
Allianz Trade has promoted Mr Scott Munafò to the role of CEO of China, effective 1 September.
Businesses in the UAE are leaning more heavily on trade credit to stay competitive, as well as drive growth and strengthen customer relationships.
Allianz Trade has appointed Mr Daf Owen as Regional Surety Business Development Director for APAC, effective 1 August 2026.
The government of Zambia has used a $600m loan from the African Development Bank (AfDB) Group, coupled with its own resources, to buy back a $1.36bn sovereign Eurobond.