PRESS RELEASE: Record USD 2.5 trillion of trade and investment supported by Berne Union insurers in 2018
A record USD 2.5 trillion of trade and investment was supported by credit and investment insurers of the Berne Union in 2018 – 13% of total cross-border merchandise trade . Insurers have paid claims in excess of USD 6 bn for the fourth consecutive year, with total indemnifications since the Global Financial Crisis now over USD 50 bn
Singapore, 11th April 2019 – over 250 senior leaders of the credit and investment insurance industry have gathered today in this global hub for trade, attending the first ever Berne Union General Meeting held in Singapore.
For more information, contact Paul Heaney at the Berne Union Secretariat
Full press release here: 2019 Spring Meeting Press