Business Confidence Index H2.24 Published
Economic and geopolitical uncertainty likely to drive sustained demand for risk mitigation in H2; benign projection for claims under longer-tenor cover following recent period of sovereign defaults, but ongoing conflicts and uncertain election outcomes will make for a period of instability.
There’s a sense of cautious optimism for the second half of the year as short-term export credit insurance and longer-tenor cover demand is expected to rise modestly.
Members signal that opportunities for growth lie in supporting SMEs and investment in renewables and the green transition
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