2018 State of the Industry Survey
Trade expected to grow in 2018 despite increased risk environment
Credit insurers see growth in 2018, but higher claims and a soft market provide a cautious footnote
Amsterdam / London, 1st March 2018 - Members of the International Union of Credit and Investment Insurers (Berne Union) and the International Credit Insurance and Surety Association (ICISA) indicate a positive, but cautious outlook for 2018 in their latest joint annual state of the industry survey. Overall, they expect an increase in insured turnover, coupled with a rise in the volume of claims. Developed markets are expected to remain soft, while emerging markets are thought to remain neutral to hard.
full press release available here: 2018 State of the Industry PRESS RELEASE