UK trade credit insurers expect influx of insolvencies starting Q4
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UK trade credit insurers expect influx of insolvencies starting Q4

Luke Harrison
09 August 2021
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Trade credit insurers are bracing themselves for an influx of UK insolvencies come the end of the year as government support schemes culminate and rising interest rates start to pinch many companies that have been propped-up through the Covid-19 pandemic.

This wave of insolvencies is due to hit the UK market after the government ends its backstop support for trade credit claims, however sources told Insurance Insider that the market was well positioned to withstand the elevated loss activity...

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Luke Harrison
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