US EditionGlobal Trade Credit Insurance Claims Drop in 2025, but Africa Remains Key Risk Zone, Survey Finds
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The global market for commercial credit insurance recorded a significant decrease of almost 25% in both the number and the value of claims in 2024, according to the latest data jointly published by the Lloyds Market Association (LMA), the International Underwriting Association (IUA) and the London & International Insurance Brokers-Association (LIIBA). However, Africa remained at the heart of the...
Global Trade Credit Insurance Claims Drop in 2025, but Africa Remains Key Risk Zone, Survey Finds
Global trade credit insurance claims dropped in both volume and value in 2025, with total claims falling by nearly 25% to just over $400 million, according to a survey by the Lloyd’s Market Association and partners. Despite the decline, Africa remained the leading source of claims, accounting for 71% of cases. Most claims were paid promptly, highlighting the reliability of trade credit insurance, particularly in high-risk regions and infrastruct…
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