The effects of the global financial downturn are still being felt in the trade credit market across the region with many countries still reporting rate increases, albeit much lesser than those a year ago. Capacity has been reduced significantly in the last two years so the few trade credit insurers are keen to manage their exposure and not take on new risks, with the effect of keeping rates high. On the other hand, there are clear indications that rates for trade credit insurance are beginning to stabilise as underwriters become more comfortable with their potential exposure.

Updated as of 27/07/2010.