Press Release: Export credit industry pivots support to strengthen supply chains in the face of an uncertain and volatile global economy with mounting barriers to trade
Dubrovnik, 14th May 2025 – The historically unassailable walled city of Croatia provided a poignant backdrop for the Spring Meeting of the International Union of Credit and Investment Insurers (Berne Union) as a global delegation of 270 participants from 91 institutions gathered this week to discuss prevailing trends in a new environment for global trade and key topics around fraud, conflict recovery, sovereign debt, climate risk, innovation and technology.
‘Resilience’ was the overarching theme for the meeting, addressed by AXA Chief Economist, Gilles Möec in a keynote exploring scenarios for adaptation of the international financial system to a new set of norms, characterised by high uncertainty and a shift from economics to politics as the strong force of prevailing trade trends.
Figures from the Berne Union’s annual State of the Industry Report – released at the meeting – show that despite the challenging environment, new trade supported by Berne Union (BU) members in 2024 reached a record USD 3.3 tn.
Access the full press release and 2024 State of the Industry Report via the links below
BU President, Yuichiro Akita Comments that:
“I am proud to announce that in 2024, Berne Union members once again delivered outstanding results despite a challenging global landscape. Together, we supported record levels of trade and investment, helped businesses recover from adversity, and strengthened collaboration between public and private sectors. Our achievements reflect not only resilience but also our shared commitment to sustainable global growth. As we navigate rising risks and uncertainty, the Berne Union remains steadfast in its mission: safeguarding free trade, driving innovation, and reinforcing the foundations of global prosperity. I thank all members for their dedication and look forward to our continued progress together.”
BU PR 05.25 Dubrovnik Spring Meeting
Click here to read the full press release
