Securitas News
Major Country Risk Developments May 2023
Posted with permission from greatamericaninsurancegroup.com Overview There appears to be developments on the diplomatic front in the Russian war on Ukraine. The Chinese leader Xi Jinping spoke with Ukraine’s president and announced that China would appoint an envoy to...
Top 5 Benefits of Trade Credit Insurance
How does trade credit insurance work? Trade credit insurance is a type of insurance that protects businesses from the risk of non-payment by their customers. It works by providing coverage for losses that result from a customer's failure to pay for goods or services...
Major Country Risk Developments, February
Posted with permission from greatamericaninsurancegroup.com Overview Federal Reserve has dialed back on the pace of interest rate increases in its ongoing fight to tame inflation. The move comes amidst evidence that inflation has slowed in the U.S. and Europe from...
Major Country Risk Developments January 2023
Are we in a recession, and if so, how steep, or widespread will it be? According to the International Monetary Fund, one-third of all countries around the world will likely experience a recession beginning in 2023.
Aircraft Lessors Sue Insurance Companies for Coverage in Russian Confiscation Debacle
Carlyle Aviation Partners' lawsuit against insurers The lawsuit was filed on October 31 against over 30 insurers in the Miami-Dade County Circuit Court in Florida. Summary After Russia invaded Ukraine in February 2022, a flurry of sanctions was placed on Russia and...
The Sudden Bankruptcy Filing of Vital Pharmaceuticals Inc / Bang Energy
Could a Large Manufacturer be a Credit Risk? Vital Pharmaceuticals is the third largest energy drink manufacturer in the U.S. and owns the Bang Energy brand. Now it is filing bankruptcy in the wake of multiple lost lawsuits, the latest of which awarded $293 million to...
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Aircraft Lessors Sue Insurance Companies for Coverage in Russian Confiscation Debacle
Carlyle Aviation Partners' lawsuit against insurers The lawsuit was filed on October 31 against over 30 insurers in the Miami-Dade County Circuit Court in Florida. Summary After Russia invaded Ukraine in February 2022, a flurry of sanctions was placed on Russia and...
The Sudden Bankruptcy Filing of Vital Pharmaceuticals Inc / Bang Energy
Could a Large Manufacturer be a Credit Risk? Vital Pharmaceuticals is the third largest energy drink manufacturer in the U.S. and owns the Bang Energy brand. Now it is filing bankruptcy in the wake of multiple lost lawsuits, the latest of which awarded $293 million to...
Major Country Risk Developments
Posted with permission from greatamericaninsurancegroup.com Overview The global economy has suffered four shocks since 2020: the pandemic; a huge fiscal and monetary expansion in response to it; post-pandemic supply side shortages, in which pent-up demand hit supply...
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