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Demand surges for credit insurance

Demand for trade credit insurance has significantly increased due to the financial crisis, according to The International Credit Insurance and Surety Association (ICISA), who represent the industry.

The ICISA claims that policy renewal rates for credit insurance are currently at 'around 80 to 90%' with demand expected to increase due to emerging markets and a prediction that these markets will increase worldwide GDP.

(Source: Credit Today Online)

Last updated on 07/07/2010 by Administrator

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