Rising claims hamper positive outlook

Amsterdam / London, 30 March 2016 – Members of the Berne Union and members of the International Credit Insurance & Surety Association (ICISA) report a positive development of global trade in 2015 and expect a mixed picture for 2016. They expect growth in premium income and insured turnover. However this outlook is influenced by a negative claims development and an expected increase in insolvencies in almost all regions. Furthermore, the market is not expected to be as soft as in 2015, especially in Africa, MENA region and Latin America.

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