The increase indicates ‘confidence’ and ‘stability’ in a market that has experienced global economic uncertainty, says head of broking
Total notional credit and political risk insurance (CPRI) capacity per transaction increased by 20% to $4bn (£3.3bn) as of 31 January 2023 – up from $3.4bn (£2.8bn) last year, highlights Willis Tower Watson’s (WTW) latest Credit and political risk insurance capacity survey and market update 2023, published 6 March 2023.
Read more…
Explore more product-related content here and discover other news stories here
We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.
Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:
As a subscriber you will benefit from unlimited access to our news and news analysis, magazine editions, special supplements, exclusive research reports and full access to the Five Star service rating microsites - view subscription options.