(Insurance Journal, San Diego, 27 April 2012) The volume of export credits and foreign direct investment insured by members of the Berne Union grew by 17 percent in 2011,” said the Union’s bulletin. “The result is a record amount of $1.8 trillion of trade facilitated more than 10 percent of international trade and the highest level ever reached in the history of the Berne Union.” Since the beginning of the global financial crisis in 2008, credit and investment insurers have continued to back international trade, “paying out $15 billion to exporters and investors, to indemnify them for losses suffered.”
Berne Union Reports Members Insure $1.8 Trillion of International Trade, Investment
