U.S. Insurance Market Report 2012: Trade Credit
Published: 03-Feb- 2012 | Comments: 0
Highlights from the trade credit section of the U.S. Insurance Market Report 2012 include:
- The trade credit insurance market in 2012 is likely to be favorable for clients, barring significant negative economic developments, particularly regarding the European debt crisis.
- Pricing decreases are likely to continue, albeit at a lower rate than in 2011, with capacity remaining sufficient.
- The emphasis on securing adequate coverage with better policy wording should continue.
- Should the debt crisis continue, insurers and clients appear better prepared due to more available information for assessing risk, cleaner portfolios, and a greater ability to communicate financial information.