EMEA Trade Credit Market Update – June 2014
The economic outlook is improving, but insolvency levels are expected to increase in some countries.
Business confidence is improving across the Europe, Middle East and Africa (EMEA) region as the general economy recovers. Growth levels are disparate, however, with the pace being fastest in Western Europe and those stable and active markets in the Middle East.
Despite these positive economic indicators, the period of economic growth post-recession is historically the most likely time for some businesses to overtrade, and is therefore the time when businesses need to place even greater scrutiny on their customers.
This briefing explores this important issue and analyses premium rates, cover availability and claims for trade credit insurance at the beginning of 2014, considering them in relation to historic experiences to offer an outlook for the next 12 to 18 months.
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