Euler Hermes said to pull cover from clothing suppliers

Euler Hermes has written to some of Debenhams' clothing suppliers saying is no longer willing to provide cover, the Telegraph claims.

The move comes as Debenhams' board decides whether to press ahead with a £200m to £300m equity capital raising.

A Debenhams spokesman played down the tale, saying: "Credit insurance is not an issue for Debenhams in getting stock."

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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