Coface has appointed Mr Ivor Miric as Head of Debt Collection Sales for APAC.
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral credit and political risk insurer and member of the Islamic Development Bank Group, concluded its participation in the IsDB Group Annual Meetings 2026 in Baku in Azerbaijanwith the signing of seven agreements, memoranda of understanding, and insurance policies valued at more than $1bn.
The credit insurance business in Indonesia is facing challenges in terms of profitability and risk exposure as claim costs outpace premium growth and higher interest rates threaten to worsen loan quality, reported the JakartaGlobe.id.
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral credit and political risk insurer and member of the Islamic Development Bank Group, and the Arab Trade Financing Program (ATFP) have signed a Bank Master Policy under a Comprehensive Islamic Finance framework, strengthening their longstanding partnership to facilitate trade, enhance access to finance and support sustainable economic growth across member countries.
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has shown strong business growth in 2025.
SACE, the Italian export credit agency, owned by the Ministry of Economy and Finance, and Qatar Development Bank (QDB) have signed a reciprocal reinsurance agreement to support export credit transactions involving Italian and Qatari suppliers in international markets.
Coface has appointed Mr James Yau as Head of Commercial, Southeast Asia (SEA) and Head of Mid-Market, APAC.
The board of directors of the African Development Bank Group (AfDB Group), Africa's leading development finance institution, has approved a $125m equity investment in the African Trade and Investment Development Insurance (ATIDI), to help meet rising demand for trade and investment risk mitigation products in Africa.
The Indonesian Export Financing Agency (LPEI) has projected growing demand for export failure insurance products amid rising global geopolitical tensions that are affecting the stability and certainty of international trade for Indonesian exporters.
Markel Insurance, the insurance operation within Markel Group, has appointed Mr Sebastian Rice as Head of Global Development - Trade Credit, International.