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Berne Union members support record levels of trade as heightened risk perception and uncertainty drive demand for non-payment insurance in a complex dynamic
OTTAWA, 22nd October 2025 – Over 200 delegates representing 87 organisations from the global export finance industry are assembled this week in Ottawa for the Annual General Meeting of the Berne Union (International Union of Credit and Investment Insurers).
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Data released by the Berne Union shows that new commitments issued by members in the first half of 2025 reached USD 2.7 tn. in support for trade and investment
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Berne Union Membership continues to expand and diversify with new applications presented by multilateral agency: AFRICAN DEVELOPMENT BANK and recent addition to the growing private CPRI market: MSIG North America
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Also at the meeting, Members elected new officials for the coming 2-year term including Jan-Philipp Apking (EULER HERMES) and Kate Parker (EXPORT DEVELOPMENT CANADA) as the respective Chair and Vice Chair of the ECA committee, with Suhaib Al-Hosainy, (SAUDI EXIM) and Ayan Bektybayeva (KazakhExport) expected to be appointed Chair and Vice Chair of the Prague Club Committee later in the week, while the IsDB’s ICIEC has joined the Berne Union Management Committee, represented by Bessem Soua.
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