Amsterdam / London, 27th March 2019 – In their latest joint annual state of the industry survey, members of the International Union of Credit and Investment Insurers (Berne Union) and the International Credit Insurance and Surety Association (ICISA) foresee growth in insured trade for 2019. This outlook is countered by a negative development in insolvencies for almost all regions, driven by macro-economic and political concerns.

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ICISA & Berne Union – Expected increase in insolvencies suggests a worsening global economy