AM Best expecting positive 2022 trade credit results despite Ukraine war
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AM Best expecting positive 2022 trade credit results despite Ukraine war

Abbie Day
January 31, 2023
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2022-04-09 Kyiv region, Ukraine. Destroyed russian tank with Wolverines painting stucked in the mud on the E40 highway near Kyiv. War in Ukraine
Photo: Alamy

Trade credit insurers are likely to report strong results in 2022 despite the war in Ukraine, as they have largely succeeded in “managing down” exposure to the conflict, according to AM Best.

"Initial exposures – in particular to Russia – were substantial, as is typical for trade credit insurers, with a mixture of domestic (between Russian companies) and foreign (with international sellers and Russian buyers),” it said.

“However,

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NewsPol risk, credit & surety
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