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Apr 2024

Interviews - Trade credit insurers worry about sovereign debt and political instability

Source: Asia Insurance Review | Jun 2012

Trade credit insurers are concerned about the global outlook for trade this year, given the still unresolved debt crisis and the uncertainties in the global economy. But the industry outlook for Asia and Latin America is positive, with a surge in demand for trade credit and surety insurance in these regions. For this reason, the Netherlands-based International Credit Insurance & Surety Association (ICISA) is turning its attention towards these regions, says Executive Director Robert Nijhout. By Manuelita Contreras

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