Credit Insurers Raise Rates in Germany as ‘World Is on Fire’

Credit insurers have raised premiums by as much as 20 percent this year and may increase them more as defaults climb.

Credit insurance growing in popularity

More companies are turning to credit insurance to protect themselves during the economic downturn

Our services

Credit management

Subject: you have an annual turnover of 10 million euro
Action: you reduce credit terms with 5 days
Result: you gain an extra working capital of 137.000 euro

The above example is beyond all doubt: the optimisation of your credit management increases your working resources considerably. It gives your company extra breathing space.

It is in your company’s interest to aim at the optimal balance between the various components of credit management: minimisation of credit risks maximisation of the collection of accounts receivable maintenance of the excellent relationship with your clients and commercial colleagues.

CRiON is your partner. We support you to enable the efficient organisation of your credit management.

News

Intrum and Coface join forces

Intrum Justitia and Coface, joint venture in France to collect debts from consumers

German buyers call on credit insurers to provide capacity

The German commercial insurance buyers' association says that while it would welcome any move by the government to provide additional credit insurance capacity, it would prefer that insurers address the tightening conditions on their own.

Soaring insolvencies strike UK businesses (Credit Today)

The number of company liquidations rose by 15 %.

Heaviest Impact of the Credit Crisis yet to Come - Atradius

Awareness of the potential risks that can damage your business is essential to maintaining a healthy company. The credit crisis is highlighting the importance of protecting the most important organ of financial fitness, your cash flow.

Builders, shops and entertainment hit by downturn in UK

The construction and retail sectors, followed by leisure, have been picked by insolvency specialists as the sectors suffering most in the economic downturn.

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Our services Credit insurance Credit management Our approach Audit Consulting Training Business information News Faq About us Contact Press Credit Insurers Raise Rates in Germany as ‘World Is on Fire’ Credit insurers have raised premiums by as much as 20 percent this year and may increase them more as defaults climb. Read more Credit insurance growing in popularity More companies are turning to credit insurance to protect themselves during the economic downturn Read more	Our services Credit management Subject: you have an annual turnover of 10 million euro Action: you reduce credit terms with 5 days Result: you gain an extra working capital of 137.000 euro The above example is beyond all doubt: the optimisation of your credit management increases your working resources considerably. It gives your company extra breathing space. It is in your company’s interest to aim at the optimal balance between the various components of credit management: minimisation of credit risks maximisation of the collection of accounts receivable maintenance of the excellent relationship with your clients and commercial colleagues. CRiON is your partner. We support you to enable the efficient organisation of your credit management.	News Intrum and Coface join forces Intrum Justitia and Coface, joint venture in France to collect debts from consumers Read more German buyers call on credit insurers to provide capacity The German commercial insurance buyers' association says that while it would welcome any move by the government to provide additional credit insurance capacity, it would prefer that insurers address the tightening conditions on their own. Read more Soaring insolvencies strike UK businesses (Credit Today) The number of company liquidations rose by 15 %. Read more Heaviest Impact of the Credit Crisis yet to Come - Atradius Awareness of the potential risks that can damage your business is essential to maintaining a healthy company. The credit crisis is highlighting the importance of protecting the most important organ of financial fitness, your cash flow. Read more Builders, shops and entertainment hit by downturn in UK The construction and retail sectors, followed by leisure, have been picked by insolvency specialists as the sectors suffering most in the economic downturn. Read more
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