The trade credit village just got smaller. Does the Zurich exit matter?

Katharine Morton

Head of Export, Project and Development Finance

Departures from parts of the trade credit and CPRI market – in particular by Zurich and QBE – have raised eyebrows as reduced capacity could make it harder for banks to secure a programme with a single insurer. What will be the impact, and can improved harmonisation of Basel-compliant documentation help bolster capacity?

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