The International Credit Insurance & Surety Association (ICISA)  released two new Loss Given Default (LGD) Studies for the global trade credit insurance market. The newly available LGD Studies are a continuation of previous studies which covered the years 2005 to 2011 and are the result of cooperation between the ICISA LGD sub-committee, PERILS and Versicherungsforen Leipzig.

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ICISA Launches studies on Loss Given Default in the global trade credit insurance market