General Insurance Article - Trade credit insurance scheme extended until 30th June 2021


The UK Government has agreed with leading trade credit insurers to extend the Trade Credit Reinsurance Scheme until June 2021. The objective of the 2021 scheme is to continue to support UK businesses affected by the coronavirus pandemic and to aid economic recovery by providing targeted support via trade credit insurers.

 Commenting on the extension of the Trade Credit Reinsurance Scheme until 30th June 2021, Stuart Ramsden, Regional Director at Atradius UK said: “Maintaining trade credit insurance cover for UK businesses is key to enabling trade and protecting supply chains. Trade credit protection is also important for the UK economy and its ability to overcome the challenges arising from the pandemic. From the early days of the pandemic, Atradius, alongside other leading providers and the ABI, worked very closely with Government representatives to develop this important support scheme and we welcome the confirmed extension.”
  

Back to Index


Similar News to this Story

IFoA urges Chancellor to prioritise fairness in UK Budget
Ahead of the Autumn Budget and Spending Review, due to be delivered on Wednesday 27 October, the Institute and Faculty of Actuaries (IFoA) is urging t
Vanguard joins Origo Transfer Index
Vanguard is the latest company to join the Origo Transfer Index (OTI), the voluntary index set up by Origo to increase transparency in the transfer ma
Insurers ratify G20 priorities on sustainability and climate
The Italian Insurance Association (ANIA) — in partnership with the Italian G20 Presidency and in collaboration with the Global Federation of Insurance

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.