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International

Trade credit insurance surges amid COVID-19 uncertainty

July 28, 2021 Reprints

Demand for trade credit insurance in India increased 30% year-on-year in the April-June quarter, as more businesses fear the risk of payment delays and defaults due to a cash crunch spurred by the COVID-19 pandemic and resulting lockdowns, Times of India reported. Several companies are also asking insurers to customize their credit insurance policies to cover larger losses.

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Trade credit insurance surges amid COVID-19 uncertainty

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