Insuring Against the Risk From Insurance

Compared with the banks, insurance companies withstood the calamity of 2008 pretty well. American International Group Inc. was the main exception — it needed an enormous bailout — but the rest of the industry was spared the worst. Does this mean that insurance companies pose no great challenge for financial regulators? It doesn’t. The insurance business is […]

This is why you need to know about trade finance

Protectionists and trade-sceptics don’t panic: this is not another trade deal. Nobody would disagree that “trade finance” sounds more like a deadly combo than a recipe for miracles, but it is actually the lifeblood of most cross-border business transactions. As part of these, exporters require due payment for the goods and services they’re selling and […]