Trade credit market to grow, despite economic slowdown: Swiss Re
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Trade credit market to grow, despite economic slowdown: Swiss Re

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In the near term, rising counterparty risk from economic slowdown will support prices and growth in trade credit insurance, according to Swiss Re.

Amidst the current economic slowdown, which Swiss Re expects will continue into and through 2024, the reinsurer stated that global trade credit premiums will grow by around 6% to an estimated $14.1bn

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