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TCI Claims Drop in 2024

Summary by tradesecurely.ca
The number and value of trade credit insurance claims dropped in 2024. The 185 claims totalled more than US$400million and compared to the previous year that is a drop of almost 25%, or more than US$100million. Claims continued to be paid on time and data shows that trade credit insurance plays a key role in supporting global trade. Lloyd’s Market Association (LMA), the International Underwriting Association (IUA), and the London & International…
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tradesecurely.catradesecurely.ca

TCI Claims Drop in 2024

The number and value of trade credit insurance claims dropped in 2024. The 185 claims totalled more than US$400million and compared to the previous year that is a drop of almost 25%, or more than US$100million. Claims continued to be paid on time and data shows that trade credit insurance plays a key role in supporting global trade. Lloyd’s Market Association (LMA), the International Underwriting Association (IUA), and the London & International…

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tradesecurely.ca broke the news in on Thursday, July 31, 2025.
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