Despite already posting the highest proportion of uncollectable receivables in the region, Greece’s average rose to 2.8% in 2018 from
Category: Receivables Insurance

Helping Canadian Companies Diversify and Grow Securely
In CBC’s coverage of the recent Economic Statement, it highlighted the “…attempt to nudge more businesses into pursuing export markets

Germany: late payments leading to revenue loss
Of the Western European countries surveyed, Germany had the second highest percentage of respondents (24.7%) who reported revenue loss due

Hungary: the most inclined to offer credit terms
In 2018, respondents in Hungary reported a significant increase in DSO and that the proportion of uncollectable B2B receivables also

Weathering the US storm: Economic Forecast for Russia for 2019 by Euler Hermes
The ‘new normal’ of modest growth predicted Russia GDP growth forecast to be 1.6% in 2018 and 1.5% in 2019

Sears Bankruptcy – What Receivables Insurance did for Policyholders
What a tremendous collapse! Sears was rated AAA as recently as 1980 (and actually was still a very trustworthy A-

Czech Republic: frequent late payments in 2018
The percentage of Czech respondents reporting late payment remained largely stable. However, at 89.8% this is one of the highest

Bulgaria: delays caused by insufficient funds
Of the Eastern European countries surveyed, Bulgaria had the highest DSO and 19.8% of respondents expect another slight increase over

Receivables Insurance Testimonial: Staffing Edge
THE ECONOMIC DOWNTURN WROUGHT CONSIDERABLE DAMAGE AMONG STAFFING COMPANIES, HIGHLIGHTING AN OPPORTUNITY FOR THE STAFFING EDGE TO BETTER SAFEGUARD ITSELF

Hong Kong: a high level of overdue B2B invoices
Despite improvements, the proportion of overdue B2B invoices and that of uncollectable B2B receivables in Hong Kong remain some of
