Business Confidence Index Q3.22 Published
Q3. Business Confidence Survey shows heightened geopolitical risk is driving growing demand for export credit insurance but underwriters remain cautious in response to visibly growing levels of insolvency globally
Despite the bleak economic outlook, overall demand for export credit insurance remains strong, supported by the increased risk perception and uncertainty arising from the current geopolitical environment.
Claims expectations throughout 2022 have tended solidly towards an increase for both MLT and especially ST business. But with visibly growing levels of insolvency underwriters remain cautious, with risk appetite looking set to tighten further in Q3.
Read the full report via the link below...