(Financial Times, London, 19 October 2012) Insurance brokers have warned that a decision by Standard & Poor’s to cut its rating for one of the world’s biggest trade credit insurers, Atradius, to near “junk” status threatens far-reaching consequences for a market that oils the wheels of the global economy. The rating agency lowered its rating on Atradius from A- to BBB, just two notches above junk.. Atradius has moved to reassure clients by securing a stronger rating from a rival agency.
