Credit Insurance: Global Trade Continues to Grow, but Risks Increase

Posted by Joachim Bartels | Apr 9, 2016 | Credit Insurance, ICISA - International Credit Insurance and Surety Association, Trade Credit | 0 |

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.

To read the full report click on this link: PR_ICISA_Berne_Union_Global_trade_continues_to_grow_but_risks_increase

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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