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Credit insurance: the right tool for challenging times.(Selected Topic)
The past four years have been a nightmare for executives across a broad spectrum of professions. Perhaps few have felt the heat more intensely than credit management professionals, who are often tasked with weighing risks and returns and trying to balance corporate risk tolerances within their portfolios.
Rewind to 1999--U.S. and overseas economies are booming; massive amounts of capital are allocated to projects with seemingly limitless potential; and a rising tide is lifting all boats, even as businesses and investors would eventually discover those boats with badly leaking hulls.
Back then, if an underwriter or broker had approached a typical U.S. ...
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Source: HighBeam Research, Credit insurance: the right tool for challenging times.(Selected...