XL Catlin

20 Gracechurch Street, London, EC3V 0BG 70 Gracechurch Street, London, EC3V 0XL
0207 626 0486 - 0207 933 7000
http://xlcatlin.com
  • About XL Catlin

    XL Catlin. We’re here to help your business move forward. With an incredible blend of people, products, services and technology, we’re looking at risk in a new way. From insurance to reinsurance, we can help you find innovative answers for a changing world.

    Our insurance and reinsurance companies provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises globally. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward.

    Powerful analytics, deeper insights, and market-leading technologies.  We at XL Catlin are open to new ideas and ready to take on difficult challenges — from the most familiar to the most complex.

    You need innovative, creative solutions to your risks. We’re here to find them.

XL Catlin market research identifies significant potential for Credit insurance growth

XL-Catlin-market-research-identifies-significant-potential-for-credit-insurance growth

Credit insurance is an important 'lubricant' to ensure the smooth functioning of domestic and international commerce. As such, it continues to grow in relevance as policyholders look to protect themselves against economic and political uncertainty.

Traditionally, credit insurance has been used by organisations to protect their balance sheets against the threat of a default on their trade receivables. While this is still the predominant case, it is increasingly used as a proxy for a financial guarantee to enable policyholders to gain access to bank lending and optimise their working capital needs. Furthermore, by ensuring adequate corporate risk management, credit insurance has become an essential ingredient for proper corporate governance, required by investors, banks and rating agencies alike.

To read the full article authored by Peter Schmidt, Chief Executive Asia Pacific, Latin America & Global Credit and Surety, XL Catlin, click the link below

Latest video

XL Catlin: What’s the value of implementing operational risk solutions? (video)

Watch Angelos Deftereos, Senior Underwriter for Operational Risks, International Financial Lines, XL Catlin, talking about the benefits of operational risk transfer... click here for more